How you can impact your credit score

Different formulas are used to calculate credit scores, but five actions can improve it and five will hurt it.

Instructions: For each action, decide whether it will likely improve or lower your credit score. When you are finished, click Submit.

Your actions Improve your score Lower your score
Keep credit card balances that are 70% or less of your spending limit
Have a very brief credit history or don’t establish credit
Pay some bills late
Have high income relative to how much you owe
Only apply for and open new credit accounts when you need them
Exceed your credit card spending limit
Have a good credit history for a long period of time
Consistently pay your bills on time
Apply for new credit cards frequently, whether you need them or not
Have credit cards balances near your maximum spending limit

Click the Next button to continue.