What is the percentage of accountability that is shown on your FICO score for how much you owe?
A) 40%
B) 30%
C) 35%
D) 25%

Question

Quizplus · Accepted Answer

The percentage of accountability shown on your FICO score for how much you owe is 30%. This means that the amount of debt you have accounts for 30% of your credit score. This is why it's important to keep your credit utilization ratio (the amount of total credit you're using compared to your credit limit) low. A high utilization ratio can hurt your score, while a low utilization ratio can boost it. Therefore, choice B is the best option.

What Is the Percentage of Accountability That Is Shown on Your