If you already have a high credit score but are poor, is it worth trying to increase it?
I got a credit card like 3 and a half years ago so I could finally start working on my credit score. I got it up to 760, and thought about getting a second card to improve my credit mix.
However I realized something. I'm a poor. Like slightly above poverty line. I don't ever plan on getting a car loan again, one was enough for me to never want to deal with that again. I've had my car for over a decade and it's still got another decade in it minimum.
I'm way to poor to ever afford buying a home where I live.
So is there even a point in me trying to improve my credit at this point? I can't think of any benefit I'd get by working toward an 800 credit score.
Thanks for any help and insight you give