Question

What are some factors that influence a person's credit rating or their ability to get credit? How do each of these factors influence the extension of credit?

Answer 1

Factors that affect credit scores are: Payment history, amount of outstanding debt, amount of time that the debt has been open, and the amount of new credit. Credit scores can also be affected by what types of credit you have (ie consumer, student debt, mortgages).

Answer 2

bye

Answer 3

Thank you so much!!!

Answer 4

welcome :)