Real Estate Videos July 7, 2022

Are you interested to figure out what is affecting your credit?

Lenders use credit scores to figure out how likely you are to pay back your debt—thus those scores are often the deciding factor in whether you will get a loan.


Here are 5 Factors that impact your credit the most and their percentage in terms of importance:

1. Payment History – 35%
2. Credit Usage – 30%
3. Age of Credit – 15%
4. Credit Mix – 10%
5. Credit Inquiries – 10%

As your financial profile changes, so does your score, so knowing what factors and types of accounts affect your credit score gives you the opportunity to improve it over time. If you have any questions or is looking to begin your home buying journey, let’s connect! Call or DM us now and let us guide you 𝓗𝓸𝓶𝓮 with Aloha!