Friday, July 18, 2014

FICO credit score by weighted factors

- 35% Payment history 
- 30% Debt-to-credit ratio (the balance you carry on credit cards)
- 15% Length of credit history 
- 10% Different types of credit (cc, mortgage, car loan, etc.)
- 10% New credit accounts or Inquiries (I hate this one)
*Photo source:

*Photo source:

Information as of July 2014.

No comments:

Post a Comment