01
A credit score is a prediction of credit behavior, including the likelihood of repaying credit on time, based on information from credit reports.
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02
Consumers can have multiple credit scores because scores vary by scoring model, data source, loan product, and when the score is calculated.
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Common credit-scoring factors include payment history, unpaid debt, account types, account age, credit usage, new applications, and serious negative events such as collections or bankruptcy.
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