The following key factors impact the FICO score:
i) Payment History - what does it mean? How does it impact your score?
ii) Length of Credit - what does it mean? How does it impact your score?
iii) Credit Inquiries - what does it mean? What is the difference between a "hard" inquiry and a "soft" inquiry? How do credit inquiries impact your score?
iv) Credit Utilization - what does it mean? Give example. How does it impact your score?
v) Open Accounts - what does it mean? How does it impact your score?