Where Does My Credit Score Come From?

/ BY / Credit Score

Your credit score is like a lost puppy—it follows you wherever you go. Whether you’re trying to open a new credit line, get a loan for a home, or purchase a car, everyone wants to know your number.

How often have you asked yourself questions like, “If I make a late payment, how much will that affect it?”, or “Will opening a new card hurt it?” Your credit score can be a confusing thing, which is frightening because we all know how much it means to creditors. Take a look at our infographic below to see a specific breakdown of what goes into your credit score—and how you can position yourself back on the road to good credit.

Don’t forget to check out the rest of our blog, where we offer tips on many other credit-related subjects, helping you finally move toward financial health.

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Please note your financial situation is unique and our tips & advice presented here may not be appropriate for your situation. CreditCardXpo.com recommends that you seek different advice & opinions from your own accountant or financial adviser who understands your individual circumstances before making any important decisions or implementing any financial strategy.