May 10, 2022Transcript
Your FICO score is calculated using five main criteria: payment history, amounts owed, length of credit history, new credit accounts, and mix of credit types. Depending on the lender or product, each may be weighted differently to determine your borrowing potential.
This information provided is for informational purposes only and does not substitute consultation with a legal, tax or investment professional for important financial decisions. Laurel Road assumes no liability for loss or damage incurred by use of the information provided. Please visit laurelroad.com for full product details, terms and conditions.
All Laurel Road lending products are subject to credit approval.