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35% - Payment History 30% - Amounts Owed 15% - Length of Credit History 10% - New Credit 10% - Types of Credit
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What your FICO Credit Report Score Consists Of10% - Types of CreditAs mentioned earlier, the type of credit has a lot to do with how much of an influence it will have on the actual credit score. Credit cards or other revolving debt, installment loans, consumer financing and mortgages are all considered when observing the types of credit a borrower has established and/or is currently making payments on. 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:
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