What Factors Affect A Credit Score

What Factors Affect A Credit Score

  1. Payment history, accounting for 35% of one's credit score.
  2. Credit utilization, accounting for 30% of one's credit score.
  3. Length of credit history, accounting for up to 15% of one's credit score.
  4. Credit mix, accounting for up to 10% of one's credit score.
  5. New credit, accounting for up to 10% of one's credit score.

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