How does the length of credit history affect your credit score? MintGenie explains
While the length of your credit history is a vital factor, it’s not most important. Payment history & credit utilisation usually carry more weight in credit scoring models. However, a longer credit history can still contribute positively to credit score.
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While the length of your credit history is a vital factor, it’s not most important. Payment history & credit utilisation usually carry more weight in credit scoring models. However, a longer credit history can still contribute positively to credit score.
