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do loans affect credit score

Borrower Profiles and Credit

How Do Loans Affect Your Credit Score?

Logan Sterling / December 30, 2024

Unsure of how loans influence your credit score? Our Q&A provides the insights you need to understand the effects of loans on your credit.

Credit score factors Credit score impact Credit utilization Creditworthiness assessment FICO score changes Loan applications impact Loan repayment history Payment history effect Types of loans

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