When most people talk credit scores, they’re talking about your general FICO score—the one lenders are most likely to use. FICO is tight-lipped about the formulas they use to calculate our scores, but we know the general categories they track and how important they are to that calculation. Here are those categories, and what you need to know about them.How exactly is your credit score calculated?Let's take a look at the math of how your credit score is determined, so you can see exactly why it goes up and down.Payment history is 35% of your scoreYour payment history makes up 35% of your score and it’s pretty much what it sounds like: your history of paying debt in full and on time. The way F
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