Credit Scores Explained: How FICO Works and the 5 Factors That Move It

Your credit score is a number between 300 and 850 that tells lenders how likely you are to pay your debts, and FICO is the most widely used scoring model. In this episode, Ryan explains the five factors behind every FICO score, including payment history, amounts owed, and length of credit history, which together make up about 80 percent of your total score.Ryan and Aaron walk through what each factor actually measures and why automating your payments is the single most reliable thing you can do to protect your score over time. If you have been confused about what moves your number up or down, this episode gives you a clear mental model to work from.Find "Your Fiscal Physical" the book on AmazonIf you have suggestions or feedback, please email us at: [email protected], as always, Stay the Course!