Credit utilization is the second most important factor of your credit score. Here's the best credit utilization ratio and how to keep yours low.| www.experian.com
Closed accounts with late payments remain on your credit report for 7 years, though the effect lessens over time.| www.experian.com
Credit mix is a factor of your credit score that accounts for the variety of revolving and installment accounts you have. Learn how credit mix works.| www.experian.com
Late payments remain on your credit report for 7 years and can significantly lower your credit score, but the effect decreases over time.| www.experian.com
Revolving credit lets you borrow money up to your credit limit, pay it back and then borrow it again. Learn how revolving credit works.| www.experian.com
While the length of your credit history impacts your scores, it is not as important as other factors. Learn how credit history works and what to focus on.| www.experian.com
Learn about what factors affect your credit scores, steps you can take to improve your credit and how to check your credit score for free.| www.experian.com
Your credit utilization rate is the percentage of your revolving accounts’ balances that you’re using.| www.experian.com