FICO scores are calculated from different data in your credit report, which is grouped into five categories:

The FICO score generally ranges from 300 to 850, and a higher score indicates a lower credit risk. FICO scores are calculated from many sources information in your credit report, which is based on the importance of the following five categories for the general population:

• Payment History 35%
  Were Payments Made on Time?
  
  
• Amounts Owed on Accounts 30%
  Is the balance owed close to the limit?
  
  
• Length of Credit History 15%
  How long have your accounts been open?
  
  
• New Credit 10%
  How many new accounts have been opened?
  
  
• Types of Credit Used 10%
  Mortgage, auto, consumer finance accounts, revolving and installment loans.