Credit Secrets Experts Wish You Knew Today
October 28, 2025
Payment History: The Most Crucial Factor
Your payment history accounts for 35% of your credit score, making it the most significant factor2. Consistently paying your bills on time is essential. Late payments can stay on your credit report for up to seven years, potentially impacting your ability to secure favorable loan terms. Setting up automatic payments or reminders can help you maintain a spotless payment history.