My FICO Score

What’s in my FICO Score?

How my FICO Score is calculated?

The FICO® Score is calculated from several different pieces of credit data in your credit report. This data is grouped into five categories as outlined below. The percentages in the chart reflect how important each of the categories is in determining how your FICO Score is calculated.

Your FICO Score considers both positive and negative information in your credit report. Late payments will lower your FICO Score, but establishing or re-establishing a good track record of making payments on time will raise your score.

How a FICO Score breaks down:

FICO credit score chart

These percentages are based on the importance of the five categories for the general population. For particular groups—for example, people who have not been using credit long—the relative importance of these categories may be different.

http://www.myfico.com/crediteducation/whatsinyourscore.aspx

Renae Johnson, Associate Broker

Direct: 248-406-6015 Office: 249-737-9993

Johnson Premier Realty Company

7071 Orchard Lake Road, Ste 110
West Bloomfield, MI 48322
249-737-9993