When looking at your free online FICO score, you should know that FICO scores are based upon your debt levels and repayment thereof. Thus it is quite possible to have a good life without good credit, if you have no credit due to having no debt.

FICO scores are based upon debt levels, the ratio of debt available to debt used, length of credit history, and payment history. If you have never had debt, you will have no credit history except payment history. Payment history includes payment of regular bills, like utilities and medical bills.

Thus payment history factors into everyone’s credit history. However, payment history is only 35% of your FICO score.

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