How is my credit score calculated?
Your credit score is calculated using five pieces of information: payment history, amount of debt, age of credit, mix of credit, and credit inquiries.

Why Don't I Have a Credit Score?
If you have a little to no credit history, you may not have a credit score.

Will Multiple Loan Applications Hurt My Credit Score?
You're encouraged to shop around for the best loan rate. Will multiple loan applications hurt your credit score? They may not.

Who Calculates Credit Scores?
Your credit score is a three-digit number based on the information in your credit score.

How Will a Late Payment Hurt My Credit Score?
A late payment is never good for your credit score, especially since 35% of your credit score is based on your payment history.

How Will Debt Settlement Affect My Credit Score?
You may consider using debt settlement as a solution for your credit card debt. Unfortunately, debt settlement could have a negative impact on your credit score.

Will a Bank Overdraft Hurt My Credit Score?
Payment history is 35% of your credit score, but does that include bank overdrafts? Learn whether overdrafting your bank account will hurt your credit score.

What is a Good Credit Utilization Ratio?
Your credit utilization affects 30% of your credit score. The higher your credit utilization ratio, the lower your credit score. The best credit utilization is 0%. A good credit utilization ratio is below 30%.

What is a Hard Inquiry?
There are two types of credit report inquiries: a hard inquiry and a soft inquiry. A hard inquiry is made on your credit report whenever a business checks your credit report because you made an application for a credit card, loan, or other service. When you check your credit report, you'll see both hard inquiries and soft inquiries. But it's only the hard inquiries that will impact your credit score.

What is a Soft Inquiry on My Credit Report?
A soft inquiry is made on your credit report whenever you check your credit report, a business checks your credit report for promotional purposes, or a business you already have an account with checks your credit report. Soft inquiries don't affect your credit score.