How is my credit score determined in the first place?

Basically, your overall credit report is determined by your standing with three major consumer reporting agencies. They are Equifax, Experian, and TransUnion. Each of these companies utilizes different sources of information in order to determine your credit score, so it is very important to keep yourself up to speed on what all three are saying about you. However, different factors that can go into determining your credit score include whether or not you pay your bills on time, whether or not you owe back taxes or child support, how many open credit accounts and loans you currently have attached to your name, whether or not you’ve filed for bankruptcy recently, and so forth.