How is my score determined?
35 percent: Payment history
Pay your bills on time!
30 percent: Amounts you owe
Keep those balances paid down!
15 percent: Length of credit history
Good habits established early will be reflected here.
10 percent: New credit
Apply only when you need more credit.
10 percent: Types of credit
Establish a variety of accounts: installment (loans), revolving (credit cards), secured (mortgages), and other credit (department stores, gasoline company).
