Topic 3: Breakdown of a Credit Score
Ever wonder what your credit score actually means—and why it can change the interest rate you pay by a lot? In this quick, fun lesson, Credit Squirrel breaks down the 300–850 score range and the five biggest factors that shape your number: payment history (35%), credit utilization (30%), length of credit history (15%), new credit (10%), and credit mix (10%). Learn what matters most so you can protect your score, qualify more easily, and save money over the long run.
