Which of the following has the greatest weight in determining a consumer's FICO score?
A) Current credit use
B) Credit mix
C) Payment history.
D) Length of credit history
E) Number of applications for new credit

Question

Quizplus · Accepted Answer

Payment history is the most significant factor in determining a consumer's FICO score, accounting for 35% of the total score. This considers whether the consumer has paid their bills on time, whether they have any late payments or collections, and the severity of any delinquencies.

Which of the Following Has the Greatest Weight in Determining