subject: How a Credit Score is Determined [print this page] Being with an employer for a long time also scores big with FICO and of course, the more you make, the better. The type of credit you have will account for 10 per cent of your score while your current level of indebtedness will make up another 30 per cent of your final tally. When it comes to credit scoring, only 35 per cent of the score is based on payment history but one negative report can sink you like a rock. Obtaining and keeping a good score can be tricky but is worth all the effort once achieved.
