5 Factors That Decide Your Credit
Score
Credit scores range between 200 and 850. Scores above 620
are considered desirable for obtaining a mortgage. These factors will affect
your score.
- Your
payment history.
- How
much you owe.
- The
length of your credit history.
- How
much new credit you have.
- The
types of credit you use. Generally, it’s desirable to have more than one
type of credit