Check your credit score for free!

Sequin gets you a free credit score and report whenever you'd like — check all you want, this won't impact your score!

Keep scrolling to learn more about the factors that impact your credit score, from Sequin credit experts.

Logo

FICO and Women

What does FICO measure and how can I optimize my FICO score as a woman?

35%

Payment History

Whether you pay your bills on time every month. Late payments hurt your credit score; early or on-time payments help it.

Place your credit card bills on auto-pay every month. Make sure you have enough money in your checking account to avoid overdraft.

Payment History

Whether you pay your bills on time every month. Late payments hurt your credit score; early or on-time payments help it.

Place your credit card bills on auto-pay every month. Make sure you have enough money in your checking account to avoid overdraft.

30%

Utilization

How much of your total credit limit you are currently using. For example, having a large credit limit and using less than 10% of it helps your credit score.

Keep your credit utilization below 30% at all times, and below 10% if possible. This might mean paying off big expenses in the middle of the month, before your credit card is due.

Utilization

How much of your total credit limit you are currently using. For example, having a large credit limit and using less than 10% of it helps your credit score.

Keep your credit utilization below 30% at all times, and below 10% if possible. This might mean paying off big expenses in the middle of the month, before your credit card is due.

15%

Age of Credit

The length of your oldest active account and the average age of your open accounts. The older your active accounts, the better your credit score.

Start building credit in your own name early- not as an authorized user on someone’s account. Never close your oldest line of credit; use it periodically (every ~6 months) to prevent inactivity cancellations.

Age of Credit

The length of your oldest active account and the average age of your open accounts. The older your active accounts, the better your credit score.

Start building credit in your own name early- not as an authorized user on someone’s account. Never close your oldest line of credit; use it periodically (every ~6 months) to prevent inactivity cancellations.

10%

Recent Hard Inquiries

The length of your oldest active account and the average age of your open accounts. The older your active accounts, the better your credit score.

Limit the number of hard inquiries into your credit (typical for applications for a loan). If you are evaluating different loan options, do so within a short time frame (under a week).

Recent Hard Inquiries

The length of your oldest active account and the average age of your open accounts. The older your active accounts, the better your credit score.

Limit the number of hard inquiries into your credit (typical for applications for a loan). If you are evaluating different loan options, do so within a short time frame (under a week).

10%

Types of Credit

Having diverse types of credit, for example installment loans (a car or student loan) and revolving credit (a credit card) can help you score.

Having a credit card can add diversity to your credit profile if you don’t already have one in your own name.

Types of Credit

Having diverse types of credit, for example installment loans (a car or student loan) and revolving credit (a credit card) can help you score.

Having a credit card can add diversity to your credit profile if you don’t already have one in your own name.

So, what's different for women?

1

icon
icon

Financial Knowledge

Women are more likely than men to be charged a late fee, carry a balance, and make the minimum payment, but with actionable financial information, that gap disappears.

1

2

icon
icon

The Gender Wage Gap

Credit card issuers may use income to determine credit limits. The gender wage gap may result in a lower credit limit, which may affect credit utilization and thus credit scores.

2

3

icon
icon

Authorized Users

Married women are more likely than married men to be the authorized user on shared credit cards, which means that they may miss out on building credit history in their own names.

3

** $1440 total value is based on average American spend. Actual total value may vary.

Sequin Rewards Cards are issued by Evolve Bank & Trust, Member FDIC, pursuant to a license from Visa U.S.A., Inc. Visa is a registered trademark of Visa International Service Association.

If the cumulative rewards paid to an individual in one calendar year exceed $599, then Form W-9 may be required to be completed prior to funds disbursement. You are responsible for any applicable federal, state, or local taxes associated with receiving the bonus offer; consult your tax advisor to determine applicable tax consequences.

Sequin is not a Bank. Sequin Rewards Cards are issued by Evolve Bank & Trust pursuant to a license from Visa. Rewards are not offered by Evolve Bank & Trust and are instead offered and managed by Sequin.

Stilt Inc. is the lender for all credit products available through Sequin. All lines of credit loans and rate terms are subject to eligibility restrictions including application review, loan amount, loan term, and lender approval. Eligibility for a loan is not guaranteed. NMLS #1641523, list of state licenses

Increase in credit score is dependent on on-time payment behavior and not guaranteed. Credit score is impacted by many factors and a Stilt loan is one of them. Stilt reports credit to Equifax, Transunion and Experian.

Copyright © 2022 Sequin Financial, Inc.