Understanding Credit Score Factors: Insights from HL Hunt

A credit score is more than just a number; it’s a reflection of your financial habits. HL Hunt breaks down the key factors influencing your score and how to improve each one.

The Five Key Factors

1. Payment History: The most important element, making up 35% of your score.
2. Credit Utilization: Keep it below 30% to maximize points.
3. Credit Age: Learn how to build a longer credit history.
4. Credit Mix: HL Hunt helps diversify your credit portfolio.
5. New Inquiries: Avoid excessive applications to maintain stability.

Master these factors with HL Hunt’s expert insights.