Infographic on Putting the Credit Score Puzzle Together
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This infographic helps to illustrate the pieces of the credit score puzzle, so consumers can be aware of what impacts their credit score. There are five areas that can have an impact on your credit score, and this shows you a break down of all of them. The factors are new credit, types of credit, payment history, amount owed, and length of credit history. Payment history and amount owed are the biggest pieces to the credit score puzzle, so it is critical to tackle those first if you want to improve your credit score. You can also see where your credit score puts you in their graph at the bottom which shows what percentage of people have a certain credit score range. The median score in the U.S. is 723, which is pretty good since the max is 850.