Your FICO score is a measure of your credit report that is converted into a credit score. This score is available to you for your Equifax and TransUnion credit reports, but not longer for your Experian credit report as of early 2009, according to an Experian Consumer Alert. Experian still offers its own scores, FICO scores and other credit risk scores to its business clients, and you will have access to those other scores, too.
Payment History
Your previous payment history makes up 35 percent of your FICO score, according to MyFICO. This includes positive open accounts, as well as collections, charge offs and public records such as judgments and bankruptcies.
Current Balances
The amount of money you currently owe and how many cards you have with balances make up 30 percent of your FICO score.
Length of File and Accounts
How long you have had a credit file, or the length of your credit history, and how long you have had each of your open accounts make up 15 percent of your FICO score.
New Credit and Inquires
How much new credit you have and the number of credit inquires you have had within the last two years make up 10 percent of your FICO score.
Variation of Accounts
The variation of the types of accounts you have makes up 10 percent of your FICO score. If you only have revolving accounts or retail accounts, you FICO score may be a little lower than if you had revolving and installment accounts or retail and credit card accounts.
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