How important are installment and real estate accounts to FICO score?

[mousebandit]

Wondering how important installment accounts and real estate accounts are to the FICO score?  We don't have either one, and despite long credit history, good payment history, we still seem to hover around 750.  We want to start CC churning, and want to push the FICO as high as possible.  We don't want to throw money away on interest for loans we don't need, but I'm thinking it's got to be the lack of those two types of accounts that's impacting us. 

[FIREstache]

Just as an anecdote, I haven't had any real estate loans in over 15 years, and I haven't had any installment loans since 2006.  But a couple of my FICO scores are 835 and 840.  There's also a Vantage Score 3.0 which is 813 through a couple of the credit rating companies.

[Catbert]

I've got lots of mortgages on my credit report (current and past) but no installment loans since the 1980s.  My FICO is always firmly over 800. 

750 should be fine for credit card churning.

[mousebandit]

Thank you!  I'll go over a real report after the payoffs report and figure out where the hang up is, since it doesn't sound like that is the issue. 

[katsiki]

750 is more than enough for CC churning.  Also, it may increase your score after you open a few lines.

[Laserjet3051]

No real estate accounts for me in over 7 years; both my Vantage 3.0 and FICO scores are well into the 800s.