A credit score, sometimes called a “Fair Isaac” or FICO score is calculated based on the number of credit accounts you have, your payment history, and your personal information. It is made from a calculation so complex that there is no exact formula, but the scoring ranges from 350 to 900.

You can improve your score by paying your bills on time; not maxing out your credit cards; limiting inquiries on your credit reports (by not letting prospective creditors pull your credit reports unless it is absolutely necessary); deleting negative credit items; deleting inquiries; and doing your best to settle outstanding debts, collections, and judgments.