<prompt> Human: How can I resolve this without acquiring more debt? I have two vehicles, one Ive had for 10 years and another I financed a bit over 3 years ago. Paid the later off early and received notification this morning that the account was closed and my score dropped 21 points. I work on my own cars, have a small loan for a motorcycle and no other debt. My debt to income ratio is extremely small yet I seem to be punished for not acquiring more debt. Im happy to have peace of mind but this is a bit ridiculous.Assistant: Do you need those 21pts right now? You didnt mention, but do you have credit cards? Human: I have one credit card, I dont need the points now but will when I apply for a mortgage I the fall. My score isnt terrible but I have a hard time believing lenders will.overlook this drop.Assistant: You have time between now and the fall. Is the credit card agehistory short? You could open more credit up. Human: Age on this card is fairly new due to me switching over to different card with higher limit and better interest rate.Assistant: Ah, yea.. So you closed your longest standing account it sounds like. Id probably open more credit to try and offset the age dragging you down, but see what others say. Also 10k of total credit really is not much. Human: Its not much because I dont need much, I dont see value in a 50k credit card when my lifestyle does t call for it. I literally save close to 7k a month.  <response>: The heart of the advice is it could improve your credit score, whether you actually need it or not. If you are responsible with your 10k, you would presumably be responsible with 20, 30, or even 50k. If you dont want to, you dont have to, but no one is telling you to max out the extra credit. Just hold onto it responsibly. Also, it can be used in case of emergencies. So theres another benefit to having a lot of credit available. 