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Your Credit Score Factors Analysis

FICO uses percentages to represent how important each category generally is, but the exact percentage breakdown used to determine your credit score will depend on your unique credit report. FICO considers scoring factors in the following order:

Your Credit Score Factors Analysis

New Credit

10% of your score

Opening several new accounts in a short period can lower your score.

Length of History

15% of your score

Longer credit histories generally help boost your score.

Credit Mix

10% of your score

Having different types of credit can improve your score.

Payment History

35% of your score

Your record of paying bills on time has the largest impact on your credit score.

Credit Utilization

30% of your score

How much of your available credit you're using affects your score significantly.

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