Landlord Question and Answer Forum
How charge cards influence your FICO assessment?
mateo o, on Friday, May 6, 2022
RE: How charge cards influence your FICO assessment?
Credit cards can influence your FICO assessment in a few different ways. Before we get into the points of interest, investigate the five factors that go into your FICO score, the most broadly utilized scoring model among loan specialists today:
1. Installment history (35%)
2. Credit usage (30%)
3. Length of record (15%)
4. Kinds of records being used (10%)
5. New credit (10%)
.
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