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A "solid" credit score is generally any number above , though top-tier rates typically require a score of 740 or higher . Achieving and maintaining this score is a process of managing the five core components of the FICO scoring model , which is used by 90% of top lenders. 1. Master the FICO Factors

: Lenders like to see a variety of credit types, such as a mix of revolving credit (credit cards) and installment loans (mortgages, auto loans). acreditscore

: This measures your "credit utilization"—how much of your total available limit you are using. Aim to keep this below 30%. A "solid" credit score is generally any number

: The most critical factor. Even one payment 30 days late can drop your score by 60 to 110 points. Master the FICO Factors : Lenders like to

Your score is a weighted calculation of five specific financial behaviors: