Understanding How Your Credit Score is Calculated

Subscribe To Our Newsletter

By clicking submit, I authorize Mint Market Online and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here.

If you want a high credit score – and we all do – then it’s essential to understand the factors that make up your score. These five factors are payment history, credit utilization, length of credit history, new credit and credit mix. What do they all mean, and how can you improve upon them? Read on to learn from the experts.

Image via Unsplash/Stellrweb

Continue to original source.