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Score Factors

Many different factors affect your credit score and each will vary depending on what credit scoring system is used.

Credit Score Factors

Each credit scoring system uses mathematical algorithms to generate a rating to help lenders better assess your creditworthiness. Credit scoring systems can consider hundreds of factors from your credit history when calculating a score. Some of the most common include:

  • Credit history
  • Payment history
  • Public records
  • Utilization rate
  • New accounts
  • Number of inquiries

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September 5, 2017

Dear Experian, I just opened a new credit card and I’m trying to learn more about how credit cards affect my credit score. I believe I have four credit...

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Dear Experian, How does being an authorized user affect my credit? The account is in good standing and has a long history, but a high — 85 percent —...

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Dear Experian, My credit score is excellent, but I want the highest score that is available. What is the highest credit score possible? – BHB Dear BHB, The highest...

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Dear Experian, Can closing a few of my department store credit card accounts affect my credit scores if I have established good credit and have high credit scores? My husband...

What “Too Few Accounts Paid as Agreed” Means

October 30, 2013

Dear Experian, How can "too few accounts currently paid as agreed" be a reason for an adverse effect on my credit score when I currently have no unpaid accounts? - MIJ

How Utilization Rate Affects Credit Scores

October 30, 2013

Dear Experian, I have been led to believe that a component of one's overall credit score is the ratio of current credit card balances to one's total available credit. If...

Deleting an Account Did Not Raise Credit Score

September 10, 2013

Dear Experian, I recently had an account deleted from my credit report. Why didn’t my credit score go up? - ENS

The Meaning of “Too Few Accounts Paid as Agreed”

August 16, 2013

Dear Experian, My credit score came back with a statement saying, "too few accounts paid as agreed." I was wondering what that means since I have never paid an account...

Closing a Credit Card Can Hurt Your Credit Score

June 5, 2013

Dear Experian, Why does closing a credit card you are no longer using negatively affect your credit? - VNO

Not Enough Activity to Generate Credit Score

May 8, 2013

Dear Experian, Recently we were told my husband’s credit report with Experian was not reporting and that his credit score is not available. We received a message that says “Factor...

Authorized User Accounts and Credit Scores

April 24, 2013

Dear Experian, Do items on my credit report in which I am listed as an "authorized user" contribute to my score? - DRH

Lack of Mortgage Loan as Credit Score Risk Factor

November 21, 2012

Dear Experian, I was looking at my credit report and it stated, "You do not have a mortgage account in good standing.” What does this mean? I do not own...

Checking Your Credit Report Will Not Hurt Your Score

July 4, 2012

Dear Experian, Will checking my own credit report through Experian lower my score? - MZN

Lack of Revolving Accounts Hurt Credit Score

February 15, 2012

Dear Experian, My credit report says my score is reduced because I have no revolving credit accounts. Would it help my score to apply for and use a credit card? -...