Tuesday, November 6, 2007

What elements are the most important factors of a credit history?

The list below details the approximate value of each aspect of your credit report that is used to generate a credit score. These percentages should only be used as a guide:

  • 35% - your payment history
  • 30% - total amount owed
  • 15% - length of credit history
  • 10% - types of credit used
  • 10% - new credit
For more info and to order your credit report with FREE credit score please visit www.reliacredit.com

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What elements are the most important factors of a credit history? ~ ReliaCredit.com - How's Your Credit? - Blog