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Honeycombe8

(37,648 posts)

18. You left out paying on time...paying late or missing payment is HUGE ding on score.

Reply to demtenjeep (Reply #11)

Sun May 27, 2012, 11:02 PM

May 2012

It's one of the biggest.

Also, foreclosure.

I don't think the credit cos. know your income, do they?

Ratio of debt to SOMETHING, though, is taken into account.

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27 replies

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Credit score a mystery to many consumers [View all] mfcorey1 May 2012 OP

Get 1 of each, Visa, Master, Discover, Amex and put your utilities on autopay... L0oniX May 2012 #1

truth is the public does not know exactly how the # is derived Mosby May 2012 #2

And they're doing a good job of keeping us in the dark about how really to improve your credit score Initech May 2012 #8

some of those are relevant, at least indirectly. age, for instance. unblock May 2012 #3

The reason the whole credit score thing is bogus is because others can affect your score CreekDog May 2012 #4

the data quality problem is even worse. unblock May 2012 #6

annualcreditreport.com....One free every year mfcorey1 May 2012 #7

not your score --not free CreekDog May 2012 #10

Your report is free. There is a charge for the FICO score. I have nothing to sell. mfcorey1 May 2012 #13

And your post was about credit scores --please don't act like I'm the one that brought it up CreekDog May 2012 #14

Geeez! A simple post can become so controversial. Thanks for your intelligence. Moving on. nt mfcorey1 May 2012 #15

DoubleJeeze!!! You never mentioned "credit score" at all..... Some knuckleheads love.... winstars May 2012 #22

If you don't have a payment history you have no score whether you're 21 or 51 high density May 2012 #16

i'm not saying the credit bureaus are wrong on this particular point -- more than the question is. unblock May 2012 #17

It is no mystery to me zeemike May 2012 #5

Bingo. Robb May 2012 #9

factors affecting credit score demtenjeep May 2012 #11

You left out paying on time...paying late or missing payment is HUGE ding on score. Honeycombe8 May 2012 #18

Checking and saving accounts have 0% to do with your scores... winstars May 2012 #23

That list isn't right FreeJoe May 2012 #25

the list is right demtenjeep May 2012 #27

Open a free checking account wendylaroux May 2012 #12

Why not just leave a buffer $50 in your used checking account? nt Honeycombe8 May 2012 #19

Won't help your credit score FreeJoe May 2012 #26

I could give a flip about my credit score IDemo May 2012 #20

I'm in your position, as well. But don't forget that it's used for auto ins rates... Honeycombe8 May 2012 #24

It's getting exciting now, two and one-half. hunter May 2012 #21