: The age of your oldest and newest accounts. Longer histories generally result in higher scores.
A credit score is a three-digit number, typically ranging from , that summarizes your creditworthiness. It acts as a "financial report card," telling lenders how likely you are to repay debt on time. 1. How Credit Scores Are Calculated credit scores explained
: Also known as credit utilization . It compares how much you owe to your total available credit limit. Lower percentages (ideally under 30%) are better. : The age of your oldest and newest accounts