Oct 26, 2022
2 min read
How Payment History Impacts Your FICO Score
The most important component of your FICO Score calculation
Your FICO Score is calculated using different pieces of credit data in your credit report. The data is grouped into five categories to calculate your FICO Score on a scale of 300 to 850: payment history, amounts owed, length of credit history, new credit, and credit mix. The category of…
