how does experian calculate credit score?
Hi,
Experian calculates credit score considering some factors like payment history, credit type,credit age, credit utilization history, etc. They check things like whether you pay your loans and credit card bills on time, how much of your available credit you are using, and how long you’ve been using credit. All these details are put together into a three-digit number that shows how trustworthy you look to lenders. A higher score usually means you manage credit well and are more likely to get loans or cards with better terms.