Most lenders use one of two primary scoring systems to evaluate your financial health: : The industry standard since 1989.
Learn about your credit report and how to get a copy | USAGov creditscoreinformation
: How long accounts have been open.
: Variety of account types (e.g., credit cards, mortgages). 10% New Credit : Recent inquiries and newly opened accounts. How to Access Your Information Most lenders use one of two primary scoring
You can monitor your credit information through several official and free channels: creditscoreinformation
: Created collaboratively by the three major bureaus (Experian, TransUnion, and Equifax ) in 2006. Score Ranges (General) Exceptional/Excellent : 800–850 Very Good : 740–799 Good : 670–739 Fair/Average : 580–669 Poor : 300–579 Factors Influencing Your Score