Let's do a quick review. Your score is mainly built on five factors, with payment history and credit utilization being the most important. Smart actions can lead to big improvements.
This practice will help you lock in these concepts.
Engagement Message
What's one credit habit you plan to start today?
Type
Sort Into Boxes
Practice Question
Let's categorize the five credit score factors by their impact. Sort them into the correct boxes.
Labels
- First Box Label: High Impact (30%+)
- Second Box Label: Lower Impact (15%-)
First Box Items
- Payment History
- Credit Utilization
Second Box Items
- Length of History
- New Credit
- Credit Mix
Type
Fill In The Blanks
Markdown With Blanks
Let's practice with credit utilization.
Your total credit limit across all cards is $10,000. To keep your utilization under the ideal 10%, your total reported balance should be less than [[blank:3,000]].
