Credit Score Range
Information such as length of employment or residence can also fall under this category, so if you have a very stable life, you'll have a better score than someone who moves around often. Even if you repay these past debts, they will still show up on you credit history as bills that were late. However, there are some factors you can take into consideration if you want to roughly estimate your own credit score. Bills that have gone unpaid or debts that have defaulted will hurt your credit score for 7 to 10 years before they are erased, so remember that the bad choices you make today can hurt you in the future. Another 15% of your credit score is based on new accounts. Even if you are not late on bills, if you have many loans out already, it may be possible that you are denied another. About 30% of your score depends on what you currently owe. While this is not considered bad credit, it is almost as hard to get a loan with no credit as it is with bad credit.. Therefore, it is important to only take out the loans you really need and to repay them on time or early if at