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A variety of factors can impact on your credit score and details of debt consolidation loans for credit card debt Generally speaking, lenders love stability more than anything else. Paying amounts owed on time is but one of many variables. It could be that you?ve lived in more than one address over the preceding three years; or having borrowings with a variety of institutions. It could even be down to the fact that you?ve got too much credit already at your disposal. But just what goes into your credit score? A report by the analytics experts Fair Issac recently broke credit scoring down into five categories and assessed their importance on the final rating. Most important was how you had paid you bills in the past with the most emphasis on recent activity. Naturally, paying all your bills on time is good; paying them consistently late is bad. Having accounts that were sent to collection agencies is even worse, though nowhere near as bad as declaring bankruptcy. Paying your bills in a timely and consistent manner contributed to 35 percent of the score. Next most important was the amount of money you owe and the amount of available credit at your disposal. The assessment of outstanding debt fell into several categories, and included credit cards, car loans, mortgages, home equity lines, and so on. Also given consideration was the total amount of credit available. If a customer has 10 credit cards that each have $10,000 credit limits, that totals $100,000 of available credit. Generally speaking, people who have a lot of credit available tend to use it. This makes them a less attractive credit risk. This amounts to 30 per cent of the total credit score. Also impacting on credit scores is the length of credit history (15 percent). The longer a customer has had credit ? particularly if it's with the same financial institution ? the more points they get.