New Credit is the new account opening activity and any recent ‘hard’ credit inquiries from lenders on your credit report. Approximately 10% of a FICO® Score is based on
As a general rule of thumb, it takes about 3 to 6 months of payment history to build credit. Credit Strong reports payments monthly, so it takes about 3 months to see an initial
Credit Mix is the types of credit used. Examples may be revolving credit cards or revolving lines of credit, or installment credit like a fixed loan amount.
If you’re looking to learn more about credit scores, what a FICO score is (as well as bureaus like Equifax, Experian, and TransUnion), and how you measure up to other
Your credit scores are based on the information in one of your credit reports from a credit bureau — either Equifax, Experian, or TransUnion. As a result, if you want a good
