Which of the following components carries the most weight in deriving a FICO score?
A) Length of credit history
B) Payment history
C) Different types of credit uses
D) Amounts owed
E) New credit

Question

Quizplus · Accepted Answer

Payment history carries the most weight in deriving a FICO score, accounting for 35% of the score. The other components carry the following weights: Amounts owed (30%), Length of credit history (15%), New credit (10%), Different types of credit uses (10%).

Which of the Following Components Carries the Most Weight in Deriving