How Your FICO® Score is Determined

Payment History: 35/100

Looks at whether you pay your bills on time and if you have any collection items such as bankruptcies or foreclosures.

Credit Mix: 10/100

Takes into consideration different types of credit you have such as credit cards, retail accounts, installment loans, finance company accounts and mortgage loans.

New Credit: 10/100

Analyzes how many new accounts you’ve opened along with recent inquiries into your credit.

Credit History: 15/100

Based on the length of time each account has been open and the length of time since the account’s most recent action.

Amounts Owed: 30/100

Combination of how much you currently owe and how much of your credit limit you’ve used.