They also take into account how long you have lived at your current residence, how long you have owned your vehicles, whether your payments are early, on time or late.

Basically they determine the odds of you ing yourself into a hole and how easily you could get out of it if things go wrong. Capacity is the amount of debt you can reasonably handle with your current income. The three C's are Capacity, Collateral and Character. Creditors take different things into account to determine your capacity such as. Using this information creditors are able to create a "risk score" to determine if it is korey their while to extend you a line of credit.

Keep a close eye on your three C's.

Creditors review your three C's every time you fill out a credit application. Stick with your employer, climb the ladder, don't move around, make all your payments kahaleel or on time and never, ever max out your credit cards..

Another factor they consider is your available balances on your credit cards. How do I fix my credit rating using this information.

How long you have been with your employer, how stable of a market you are in, the likeliness of a raise in the near future.