Do you know what information goes into the calculations of the credit scores that determine how lenders see you? When you look at the items that are considered in calculating a FICO® Score* , it's a very specific set of data that's compiled and weighted to arrive at the end result. Your FICO® Score powered by Experian looks at five different values to deliver its expression of your creditworthiness, so be sure you know all five. The second-largest percentage weighed in scoring is the amount you owe.
To learn more about the other biggest factors in the FICO® Score calculation, in addition to the amount you owe, read more here.
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