Credit scoring systems are complex and vary among creditors or insurance companies and for different types of credit or insurance. If one factor changes, your score may change but improvement generally depends on how that factor relates to others the system considers. Only the business using the scoring knows what might improve your score under the particular model they use to evaluate your application.
What Is Credit Denial And What Can You Do About It?
If you apply for a credit card or a loan and the company turns you down, they must send you a written notice within 30 days.