Understand Your Credit Score

Disclaimer: This is an estimate based on simplified assumptions. Actual credit scores depend on detailed credit reports.

Our Credit Score Calculator estimates your credit score based on key financial behaviors. Enter your details to understand your financial health.

How to Use the Credit Score Calculator

1. Select your payment history (e.g., No missed payments).
2. Enter your credit utilization percentage (e.g., 30%).
3. Input the average age of credit accounts in years (e.g., 5).
4. Enter the number of new accounts opened in the last 12 months (e.g., 2).
5. Select your credit mix (e.g., Diverse).
6. Click Calculate Score to view your estimated credit score and range.

The Logic Behind It

The calculator estimates your credit score by:
- Assigning weights to key factors: Payment History (35%), Credit Utilization (30%), Credit Age (15%), New Accounts (10%), Credit Mix (10%).
- Scoring each factor based on your inputs and combining them for a total score (300–850).
- Categorizing the score into ranges: Poor (<580), Fair (580–669), Good (670–739), Very Good (740–799), Excellent (800+).
The gauge chart visualizes your score with a needle indicator.

Benefits of Using the Credit Score Calculator

• Clarity: Understand factors affecting your credit score.
• Planning: Identify areas to improve your score.
• Insight: See how your financial habits impact your credit health.
• Visualization: View your estimated score on a gauge chart.