Approximately 35% is based on this data, which includes:

1. Credit cards, retail accounts, installment loans & finance company loans.
2. Reports of public record and collection items: bankruptcies, foreclosures, lawsuits, wage attachments, liens & judgments.
3. Details on late or missed payments, also known as delinquencies.
4. The number of accounts showing no late payments or paid as agreed.

About 30% evaluates how much debt you have:

1. Amount owed on all of your accounts.
2. What you owe on different account types.
3. Whether you show balances on certain accounts.
4. The number of accounts with balances.
5. The percentage of your total credit line (credit cards & other revolving accounts) in use.
6. How much you owe on your installment accounts, compared with the original loan amounts.

10% is calculated by this information. Research shows that opening several credit accounts in a short time period represents greater risk.

1. How many accounts you opened.
2. How long since you acquired a new account.
3. How many recent requests for credit you've made.
4. The last time lenders inquired about credit.
5. If you have a good recent credit history, despite any past payment problems.

15% is about this topic. A more extensive credit history generally increases your score.

1. How long your accounts have been open, including the age of your oldest and the total average age.
2. How long specific credit accounts have been established.
3. How long it has been since you used certain accounts.

FICO® Scores are about 10% related to your mix of credit cards, retail accounts, installment loans, finance company accounts & mortgages. It's not necessary to have one of each.

1. What kind of credit accounts you have & if they are comprised of both revolving (credit cards) and installment (fixed amounts and payments).
2. How many account types you have.

The score provided by America First is the Fico®Score 9 based on Experian data.

It varies by the institution. For example, an auto lender may offer lower interest rates to people with FICO® Scores above 680, another may use 720, and so on.

The score provided by America First is the FICO®Score 9 based on Experian data, which has a range between 300 and 850.

When a lender receives your FICO® Score, key factors are also delivered. Take a close look at them to help you understand your finances. Addressing some or all of these topics can help you manage your financial health over time.

FICO® Scores take into account only voluntary (hard) inquiries that result from your application for credit. Typically, inquiries carry less importance than late payments, amounts owed & your history.

Your FICO® Score is calculated separately by each of the three CRAs using a formula FICO® has developed. It's normal for your score at the three agencies to be slightly different.

When you apply for credit, you authorize those lenders to obtain a copy of your report from an agency, creating an inquiry. The only inquiries relevant to your score are credit checks when you've applied for new loans.

No. Lenders will look at your score, the amount of debt you can reasonably handle given your income, your employment history, your credit history & other variables.