Debit card use is not a factor that is used to determine a FICO (Fair Isaac Corporation) credit score.
More about FICO (Fair Isaac Corporation) credit score.
- Numerous different types of credit information from your credit report are used to construct FICO Scores.
- Payment history (35 percent), amounts due (30 percent), duration of credit history (15 percent), new credit (10 percent), and credit mix make up the five factors that make up this data (10 percent ).
- Both positive and negative information from your credit record is taken into account by your FICO scores.
- The chart's percentages show how significant each category is in influencing how your FICO Scores are computed.
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