What are the five major factors used in FICO credit scoring and their approximate weights?

• A. Payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%), credit mix (10%).
• B. Payment history (40%), amounts owed (25%), length (15%), new credit (10%), credit mix (10%).
• C. Payment history (30%), amounts owed (30%), length (20%), new credit (10%), credit mix (10%).
• D. Payment history (35%), amounts owed (30%), length (15%), new credit (5%), credit mix (15%).

Answer: (A)