Credit scores take into account various factors in a person’s financial history. Although the exact formulas for calculating credit scores are closely-guarded secrets, FICO has disclosed the following components and the approximate weighted contribution of each.
There are three main credit reporting agencies where you can obtain your credit report, Equifax, Experian, and TransUnion. Each of these institutions gathers the information on you from a host of sources and they put it all together into a readable document. You can obtain a free credit report from these agencies once a year through www.annualcreditreport.com.