Amounts owed, which accounts for 30% of a FICO Score, focuses on credit utilization, specifically the amount of revolving credit used on credit cards.

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 (3)

• Credit Utilization concept
• FICO score concept
• revolving credit concept