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Accounts for 10% of the score, more diverse credit types can lead to a higher score.

The most significant component, accounting for 35% of the credit score, indicating the risk of late payments.

Having a variety of accounts (revolving, installment, open) can improve scores, indicating more experience and reliability.

Older accounts contribute to a longer credit history, which can enhance credit scores.

High total debt can lower credit scores, though some types like mortgages are treated more favorably.

Making more frequent payments can be seen as positive behavior, reducing outstanding balances and possibly improving credit utilization.

The age of your newest and oldest accounts and the average age across all accounts can influence your credit history's length.

High outstanding debt relative to your income can lower your credit score by indicating potential financial stress.

Represents 30% of the credit score, measures the amount of credit used relative to credit available.

Comprises 10% of the credit score, too many new accounts can signal greater risk.

Hard inquiries from lenders can lower scores, especially several in a short time, as they can imply credit seeking behavior.

Bankruptcies, foreclosures, and liens can significantly decrease a credit score and affect creditworthiness.

Contributes 15% to the credit score, with longer credit histories generally being favorable.

Recent activity, such as credit applications or debt levels, is monitored and can affect scores.