Factors that influence your FICO score

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It's a good idea to check your fico score once a year from one of the commercial credit reporting companies to make sure that there isn't anything on your report that is incorrect. That way you will not only find out what affects a fico score but also what affects your fico score in particular. One of the major factors influencing a fico score are:

Past payment history. This is a major indicator that can bring down your score significantly. Being 30 days late a few times ...