FICO Scores are calculated from a lot of different credit data in your credit report. This data can be grouped into five categories below. The percentages reflect how important each of the categories is in determining your score.
Payment History - 35%
Amounts Owed - 30 %
Length of Credit History - 15%
New Credit - 10%
Types of credit used - 10%
These percentages are based on the importance of the five categories for the general population. For particular groups - for example, people who have not been using credit long - the importance of these categories may be somewhat different.
RSS
FICO Scores are calculated from a lot of different credit data in your credit report. This data can be grouped into five categories below. The percentages reflect how important each of the categories is in determining your score.
These percentages are based on the importance of the five categories for the general population. For particular groups - for example, people who have not been using credit long - the importance of these categories may be somewhat different.