<prompt> Human: Im aware that taking out a loan will likely cause a score to drop in the interim, but would it make sense to take one out, use the money to only pay back the loan plus minimal interest? The new loan category would be a boost to ones rating I assume. In my case, I cant do much to increase my score at the moment, I have low utilization, several credit cards, paid off auto loan. According to credit karma, biggest hits are age of history and total accounts. Should i go open 12 more credit accounts? Im not getting a mortgage or auto loan...  <response>: There is no need to pay interest to increase your credit score. Whats you current score and why do you want to increase it? 