5 Factors of Your Credit Score | Oversimplified
In this video I will be explaining in depth, but easy to understand, each of the five factors of a credit score. How much each factor weighs on your credit score. And what the studies conclude about about lifespan and credit scores. There are many studies linking credit scores and life spans. The lower the credit score the lower the life span and the higher the credit score the longer life span. If that’s the case why isn’t credit scores more understood? It could actually affect, not only your financial health, but maybe also could effect your physically health.
0:20 Factors of Credit Score
1:05 Payment History
2:29 Credit Use
4:19 Credit Age
5:41 Types of Credit
6:33 New Credit
7:13 Credit Score Correlation
#creditscore #creditscoretips #creditscores
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