When a person applies for any type of credit (such as a mortgage, credit card, or an automobile), the risk of that potential borrower must be evaluated. Using credit scores is a significant tool most lenders rely on in this evaluation. This course will present the five factors that make up a borrower’s credit score and how certain actions taken can impact the score. Explanations for the reason codes that appear on a borrower’s credit report along with the effect of derogatory accounts in credit analysis are provided. Definitions for the several types of bankruptcies are presented along with an explanation of extenuating circumstances that might have impacted the borrower’s credit. Finally, nontraditional credit is described as an option for borrowers without a credit score or with thin credit.