Cryptocurrency Q&A What do lenders look at for credit score?

What do lenders look at for credit score?

Fri Jan 10 2025 | 6 answers 1322
I want to know what factors or criteria lenders consider when they check a person's credit score. What are the specific items or aspects they look into to determine creditworthiness? What do lenders look at for credit score?

6 answers

Sun Jan 12 2025
Lenders prioritize getting paid back above all else.

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Sun Jan 12 2025
A borrower's history of timely payments is crucial for lenders.

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Sun Jan 12 2025
This payment history serves as a key indicator of a borrower's creditworthiness.

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Sat Jan 11 2025
In the process of calculating a person's FICO score, payment history holds significant weight.

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Sat Jan 11 2025
Specifically, payment history accounts for 35% of the total FICO score.

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