5 Factors That May Affect Your Credit Score

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What Factors Affect Your Credit Score?
Payment history (35%) Debt amounts owed (30%) Length of credit history (15%) New credit/recent inquiries (10%) Credit mix (10%)
Your Payment History
How Much Debt You Owe
The Length of Your Credit History
New Credit/Recent Inquiries
Your Credit Mix
What Hurts Credit the Most?
What Helps Credit the Most?
Does Personal Credit Impact Business Loan Applications?
The Takeaway
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About the Author
Lauren Ward is a personal finance expert with nearly a decade of experience writing online content. Her work has appeared on websites such as MSN, Time, and Bankrate. Lauren writes on a variety of personal finance topics for SoFi, including credit and banking.
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