Which of the following represents the percentage of your credit score attributed to new credit?

The correct answer is that 10% of your credit score is attributed to new credit. This percentage reflects how your recent credit inquiries and the number of new credit accounts impact your overall creditworthiness.

Having new credit accounts and recent inquiries can slightly lower your credit score initially, as they indicate to lenders that you may be taking on additional debt. However, this impact is generally minor compared to other factors, such as payment history or amounts owed. Managing new credit wisely—such as only applying for credit when necessary and ensuring timely payments—can help maintain a good credit score over time. Understanding this portion of the credit score breakdown is essential for effective personal financial management, particularly when planning to apply for loans or credit lines in the future.