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The most important factors for raising your credit score
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The most important factors for raising your credit score

Want to increase your credit score? Here are the most important factors to pay attention to. This story is part of CNBC Make It's One-Minute Money Hacks series, which provides easy, straightforward tips and tricks to help you understand your finances and take control of your money.
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Wed, Jul 21 20219:33 AM EDT

The type of score used by most lenders is your FICO score, which is a value between 300 and 850, and the higher the better. Here are the most important factors for raising your credit score.