FICO Score calculation is based on five factors: Payment history (35%), Amounts owed (30%), Credit history length (15%), Credit mix (10%), and New credit (10%).

Authors

• Person: Not available Organization: National Urban League
  Why Credit Reports and Scores Matter to Your Financial Health

Sources

• Why Credit Reports and Scores Matter to Your Financial Health nul.org National Urban League via serper

Referenced by nodes (4)

• FICO score concept
• FICO entity
• payment history concept
• Credit Mix concept