Duration of credit score: just just exactly What this means to your rating

Duration of credit score: just just exactly What this means to your rating

This content on this web web page is accurate as of the publishing date; nonetheless, several of our partner provides might have expired. Please review our variety of most useful charge cards, or make use of our CardMatch™ tool to get cards matched to your preferences.

Essential reads, delivered weekly

Sign up to have the week’s many news that is important your inbox each week.

To make a FICO credit rating, borrowers have to have at the very least some credit rating. The length of a borrower’s credit history does matter although it’s not the most heavily weighted factor used to calculate a borrower’s FICO score. And within that component, age and experience typically prove useful. Continue reading