There are many factors that go into creating your credit score, and one of them, Age of Accounts, takes up 15% of your FICO score. Do you know how to maximize the points you can get from this category?
What goes into this calculation, and how long does it take before an account is no longer considered young? How many credit accounts does it take to get beyond a “thin” file?
Learn all about this important category of your credit score in this video with credit expert John Ulzheimer.