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Old Jan 1, 2014, 11:04 pm
  #290  
Cana2013
 
Join Date: Jan 2013
Programs: Aeroplan Diamond, SPG Plat, Hilton Gold, Marriott
Posts: 1,839
Originally Posted by yerffej201
Remember your credit score is determined by 4 parts:
35% - payment history (do you pay on time?)
30% - outstanding debt (credit utilization ratio)
15% - credit history (how long have you had credit)
10% - new credit (inquiries)
10% - types of credit you have

Here is my post on churning:
http://boardingarea.com/canadiankilo...urning-basics/
Very good information. People often over look the importance of the credit utilization ratio. I usually use less than 30% of my credit limit for each card trying to get full score for the 30%
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