Most scoring models, including the widely used FICO Score (used by 90% of top lenders), calculate your score based on five key factors:

: The most critical factor; it tracks whether you pay bills on time.

: Considers the age of your oldest account and the average age of all accounts.

What is a credit score? | Consumer Financial Protection Bureau

: The variety of accounts you have, such as credit cards, retail accounts, and installment loans (auto, student, or mortgage).

: Also known as credit utilization; it measures how much of your available credit you are currently using.