About what percentage of the credit score is based on how promptly the applicant pays obligations?

The percentage of a credit score that is based on how promptly an applicant pays obligations is indeed centered around the promptness and consistency of payment behavior. Payment history is the most significant factor in determining a credit score, accounting for approximately 35% of the total score. This component assesses whether the individual pays their bills on time, including credit card payments, mortgages, and other financial obligations.

Demonstrating timely payment behavior indicates to lenders that the applicant is financially responsible and can manage their debts effectively, which is crucial for creditworthiness. Therefore, being prompt and consistent in making payments greatly improves one's credit score, reflecting a reliable history that lenders are keen to evaluate when considering a credit application.

The other options don't accurately capture the focus on payment history. For instance, considering the most recent 6 months of payment behavior would provide an incomplete picture of someone’s overall credit reliability. The mix of trade accounts and attitude toward new debt are important factors in a credit score but are secondary to actual payment history, which has a far greater impact on the overall score.