The largest component of the credit score is
A)the length of time using credit responsibly.
B)the total allowable credit.
C)the proportion of credit used.
D)the payment and credit history.

Question

Quizplus · Accepted Answer

The largest component of the credit score is the payment and credit history, which includes factors such as on-time payments, length of credit history, and any delinquent or missed payments. This component makes up about 35% of the credit score. The length of time using credit responsibly, total allowable credit, and proportion of credit used are also important factors, but they make up smaller portions of the credit score.

The Largest Component of the Credit Score Is