As you can tell, the payment history on your accounts is the most important factor affecting your credit score.   The second biggest factor is the amoutn of debt you ower and the percentage of what you owe to your credit limit.  Beyond that, the length of credit history on your accounts comes into play along with a host of other minor factors.

An important factor that this chart shows is a little known — the addition of new credit lines, with high limits and low balances will reduce your total use of credit!!!  This is a very important thing to keep in mind, especially when you realize that in most cases you can’t change the damage done.   The sooner you add an account, the faster your score will increase.

Visit http://www.720creditscoretoolkit.com/ to learn more about how adding tradelines can help you improve your overall credit profile.