Credit scores are calculated using data from your credit reports provided by the three major bureaus: Equifax , Experian , and TransUnion. Core Calculation Factors (FICO Model)
: Recent credit inquiries and newly opened accounts. credit sore
: Your record of on-time or late payments. Credit scores are calculated using data from your
A credit score is a three-digit number representing your creditworthiness and the likelihood that you will repay debts on time. Most models, such as those from FICO and VantageScore , use a range from 300 to 850. Anatomy of a Credit Score credit sore
Lenders use these scores to decide on loan approvals and to set interest rates. Anatomy of the credit score - ScienceDirect