One's credit is comprised of their credit history, debt-to-income ratio, LTV ratio and employment history.

A credit history is a record of how money owed has been repaid. It is negatively affected by late payments, too much open credit, debt, too many credit checks, collections or judgments against the individual, and bankruptcies. 

There are three major credit reporting agencies and each may have differing information about your credit history in their reports. These are Equifax, Experian & Trans Union. It is recommended that individuals review their credit reports at least once every couple of years.   

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