However, you can get a short - term loan, known as a signature loan, no matter what type of credit you have. (sapling.com)
As much as those two things matter, the different types of credit you have determines about 10 % of your credit score. (nationalcreditfederation.com)
Essentially, they are saying the more varied types of credit you have (credit cards, mortgages, car loans, student loans etc.), the better your score will be. (thebrokeprofessional.com)