Credit Cards Key » CreditCardsKey » Credit Card Calculator » Where can I find a chart with all that affects a credit score and by how many points?

  #1 (permalink)
: For example, does paying your credit card account totally gives you any points? What specific steps can you take to raise your credit score in the most effective way, without hindering your score in the process?

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  #2 (permalink)
: That information is a closely guarded trade secret, about the only thing we do know is scores are based on the following factors;

1. Payment history (longer the better) 35%
2. Time in bureau (longer the better) 15%
3. Types of credit (mix of revolving and installment) 10%
4. New credit (new accounts and inquiries) 10%
5. Debt to credit ratio (lower the better) 30%

There is a calculator at where you can play around and punch in different things to see how it would affect your score.
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