Whether you’re looking to boost your credit report score, or you’re just looking for factors that decrease, or increase your score, I’ve compiled a list from a majority of sources online, and came up with a handful of factors that impact your credit score.

Now, keep in mind that there are three reporting agencies.   These agencies include Equifax, Experian, and TransUnion.  While they are all very similar, they all work in different ways.

• Having too many accounts.
• Your debt to income ratio is too high.
• Missed too many payments.
• Too many accounts with balances unpaid.
• Your credit history is too new.
• Inquiries within the last 6 – 12 months.
• Too many accounts opened.
• The length of your accounts.
• Delinquency on accounts.
• Inquiries within the past month.
• Being past due on an account.
• Bankruptcy filed.
• Number of accounts opened.
• Lack of information.

Now, there’s more than just these factors when it comes to credit report risks.  Most of the time, you’ll find that as long as you have a clean profile, you pay your bills on time, and you don’t have too much debt, that your score will stay relatively high.

Most of these risks listed above are very easy to avoid.  Like I mentioned, if you’re responsible with your credit, you shouldn’t have a problem with your credit score.  If you’re wondering why your credit score is low, it could be due to some of these risks.