What your FICO Credit Report Score Consists Of

15% - Length of Credit History

The length of credit section looks at the length of your overall credit history. This is simply calculated by gathering up data on all your previous and/or current accounts and analyzing how long you have had the accounts as well as the time of your most recent activity on the accounts. Another item that is considered when calculating this percentage is, again, the types of accounts that you have been using or have not been making payments on, such as a mortgage versus payments on a new car stereo at a local electronics store.

Your FICO credit score consists of five different categories of items that help determine what your credit score will be. These five categories consist of:

Please Select from following:

35% - Payment History
30% - Amounts Owed
15% - Length of Credit History
10% - New Credit
10% - Types of Credit