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What Influences Credit Scores

Posted by Bonnie Martin Designated Broker on Tuesday, September 11th, 2012 at 9:06am. - Its a three-digit number that carries a lot of influence over your future. It can dictate whether or not you'll qualify for a home, car, or business loan. It can also be the deciding factor in whether or not you qualify for a low interest rate.

What exactly is a credit score and what factors contribute to its number?

  • Type of Credit
  • Amount of Debt
  • Payment History
  • New CreditCredit History Length

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