How is your FICO Score Calculated? And how can you Improve it?
January 22, 2010 by Deborah
Filed under FICO score and Credit Report information, Hot Off The Press!, Info for Home Buyers, Your Credit Score information
Payment History (35%) How often you are late and by how many days, set up automatic payments to guarantee you’re never late. Pay your bills on time and you will improve your score within months.
Total Debt (30%) Higher debt loads work against you; “Usage Ratio” is the difference between what you owe on credit cards [...]
