08/21/2026
DO YOU KNOW WHAT MAKES UP YOUR CREDIT SCORE?
Understanding how your credit score is calculated is one of the first steps toward building stronger credit 📈
Here’s a breakdown of the 5 major factors that can impact your score:
💙 35% — Payment History
Paying your bills on time matters! Late payments, collections, and charge-offs can have a major impact on your score.
💚 30% — Amounts Owed
Your credit utilization matters. Try to keep your credit card balances below 30% of your available limits—and lower is even better!
💗 15% — Length of Credit History
The longer you’ve responsibly maintained credit accounts, the more established your credit history becomes.
💛 10% — New Credit
Opening several new accounts or applying for too much credit within a short period can negatively affect your score.
🩷 10% — Credit Mix
Having experience managing different types of credit—such as credit cards, auto loans, mortgages, or installment loans—can contribute to your overall credit profile.
Your credit score affects your interest rates, approvals, payments, and financial opportunities. So it’s very important to understand what your scores are comprised of!!
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🌐 www.dedicatedcreditsolution.com
