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Posted in Paying Your Bills
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olenoah38

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If I pay all my bills on time, why is my credit score this low

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Paying your bills on time counts for 35% of your credit score. Other factors such as credit card utilization will count for 30% of your credit score, so even though you pay your bills on time, high credit card utilization can significantly bring down your credit score as would derogatory marks if you have any. Mix of credit, hard inquiries, and average age of accounts will count for the rest of your credit score (they aren't as significant).

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