Is it true that 35% of your credit score relies on payment history?


I saw a chart that shows that 35% of your score is determined by payment history, second to this with 30% is amounts owed. I always thought that amount owed was the most important factor in keeping credit scores good?

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May 10, 2020 8:43 PM


Yes, in most cases this is accurate. This is why it is important to not only pay debts each month on time but pay above the minimum required. So if your minimum is say, $27 a month, it is best to pay close to double that rounding down so $50 a month.

May 16, 2020 1:07 AM


I thought the minimum was just that and it had no effect on your scores. So since I was making the minimum all these years, my score likely dropped from that?

I know I did miss some payments so my score also dropped from that but still.

May 17, 2020 8:23 PM

Payment history deals directly with missed payments or late payments. Both of these drop scores the fastest. One missed payment can result in a sizable drop in your score.

May 18, 2020 7:01 PM

I would say in some cases, 50% of it does! All cards are different and all lines of credit, loans, ect. look at different things with your history.

July 25, 2020 7:04 PM

I read this before myself so there has to be some truth to it. I feel like the percentage can fluctate though depending on your loans, credit, and overall history. The longer you are with one bank or company, the less I think the percentage will be.

July 25, 2020 7:35 PM


I think this tends to be the case. I mean I have noticed my scores improve when I focus more on paying cards off vs paying the monthly minimum. I guess it depends on the credit line and the bank though.

July 25, 2020 7:50 PM