Quick Answer
FICO scores combine five factors - payment history (~35%), amounts owed (~30%), length of history (~15%), new credit (~10%), and credit mix (~10%).
Key Takeaways
- Payment history and utilization together drive most of the score.
- Weights are approximate, not exact.
- Different models weight factors slightly differently.
The Big Two
Payment history and utilization together account for roughly two-thirds of the FICO score - making them the highest-leverage areas to focus on.
Frequently Asked Questions
Are these weights exact?
No - FICO has stated the weights are typical for the general population and can vary at the individual level.