Which is NOT a main factor influencing credit score?

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Multiple Choice

Which is NOT a main factor influencing credit score?

Explanation:
Credit scores are built from how you handle credit: paying on time, how much of your available credit you’re using, and your recent credit activity. Your annual salary isn’t used in calculating the score because the model focuses on behavior with credit rather than income level. Paying on time builds a positive payment history, keeping balances low relative to credit limits improves your utilization, and avoiding too many new credit inquiries helps keep the score stable. Income may influence your overall loan decisions, but it doesn’t directly change the score itself.

Credit scores are built from how you handle credit: paying on time, how much of your available credit you’re using, and your recent credit activity. Your annual salary isn’t used in calculating the score because the model focuses on behavior with credit rather than income level. Paying on time builds a positive payment history, keeping balances low relative to credit limits improves your utilization, and avoiding too many new credit inquiries helps keep the score stable. Income may influence your overall loan decisions, but it doesn’t directly change the score itself.

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