Q: Why is my credit score so important to a lender? Isn't it more important for me not to have a lot of debt? A: How much you owe is definitely important to a lender. In fact, it's a big part of what goes into your credit score. But other factors come into play as well: Lenders also want to know if you've paid your bills on time and the length of your credit history.

Topics:  important   credit score   lender   factor   time   pay   
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