The FICO credit scoring system assigns points according to:
A) amounts owed.
B) marital status.
C) employment history.
D) salary.
E) where you live.

Question

Quizplus · Accepted Answer

The FICO credit scoring system assigns points based on amounts owed, which includes things like credit card balances, loan balances, and other outstanding debts. This makes up 30% of your credit score, making it a significant factor in your overall score. The other options listed (marital status, employment history, salary, and where you live) are not considered by the FICO credit scoring system.

The FICO Credit Scoring System Assigns Points According To