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?

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micahm · Answer

Credit history - Wikipedia, the free encyclopedia https://en.wikipedia.org/wiki/Credit_history Wikipedia However, lenders make credit granting decisions based on both ability to repay a ... These factors help lenders determine whether to extend credit, and on what terms. ... efforts to make their payments so their asset is not repossessed by the lender for ... Hard inquiries can, but do not always, affect the borrower's credit score.