What are the 5 factors taken into account when calculating a credit score?.

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asked Oct 14, 2023 161k views

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Guildenstern · Answer 1 · 2023-10-18T04:50:57+0000

Answer:

Payment history. Payment history is the most important ingredient in credit scoring, and even one missed payment can have a negative impact on your score. ...

Amounts owed. ...

Credit history length. ...

Credit mix. ...

New credit.

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What are the 5 factors taken into account when calculating a credit score?.

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