The Credit Score Infographic

This is a fascinating credit score infographic.

Can you see where you fit in?

 

 

Credit Score Infographic by Aquacard

See more of my money saving posts at https://www.babybudgeting.co.uk  and at https://www.thrifty-home.co.uk

Find out more about credit scores here

 

Credit Score basic info

A credit score is a number (usually between 300 and 850) that represents your creditworthiness — how likely you are to repay borrowed money. Lenders, landlords, insurers, and even some employers use it to assess financial responsibility.

 

📊 Key Ranges (FICO Score)

• 300–579 → Poor

• 580–669 → Fair

• 670–739 → Good

• 740–799 → Very Good

• 800–850 → Excellent

 

🧩 What Makes Up a Credit Score?

1. Payment History (35%) – Paying bills on time is the biggest factor.

2. Amounts Owed (30%) – How much debt you carry vs. your credit limits (credit utilization).

3. Length of Credit History (15%) – Older accounts boost your score.

4. Credit Mix (10%) – A variety (credit cards, loans, mortgage) helps.

5. New Credit (10%) – Too many new applications can hurt your score.

 

💡 How to Improve Your Credit Score

• Always pay bills on time.

• Keep credit utilization below 30% of your available limit (under 10% is best).

• Don’t close old accounts unless necessary.

• Avoid applying for too many new credit lines at once.

• Regularly check your credit reports (from Equifax, Experian, TransUnion) for errors.

The Credit Score Infographic Commissioned post