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

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

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

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

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

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

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

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

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.

The amount owed on past due accounts can negatively impact the score, with larger overdue amounts being more detrimental.

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

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

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