Did you know these factors make up your credit?
- Payment history (35%)
- Amounts owed on credit cards (30%)
- Length of credit history (15%)
- New credit and inquiries (10%)
- Mix of credit account types (10%)
How well you pay your bills on time. Includes late payments and collection accounts.
Credit utilization is the amount of available credit you are using.
How long have the credit accounts you have been opened.
New accounts and hard inquiries.
Having several different types of credit and loans.