How is the Credit Score Calculated: 5 Major Factors that Affect Your Personal Credit Score

Debt2Riches > Credit > How is the Credit Score Calculated: 5 Major Factors that Affect Your Personal Credit Score
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Are you interested in knowing how your credit score is calculated? For many there seems to be an ethereal magic at play that somehow determines your credit score and mysteriously causes it to change on a whim. While it may seem that way, there is a science behind how your credit score is calculated.

So How is Your Credit Score Calculated?

Your credit score is calculated based on 5 different factors. We will share you these 5 major factors that are used to calculate your credit score.

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