Which factor does NOT typically impact your credit score?

Job stability is a factor that does not typically impact your credit score. Credit scoring models, such as those created by FICO and VantageScore, focus on aspects of your credit behavior and usage, rather than employment conditions. The main components that are considered in calculating a credit score include factors directly related to credit management, such as payment history, the amount owed on credit accounts, and the length of credit history.

Payment history reflects whether you have made on-time payments on credit accounts, which is crucial for demonstrating your reliability as a borrower. The amount owed considers your total outstanding debt compared to your available credit limits, which helps to assess your credit utilization. Length of credit history pertains to how long your credit accounts have been active, indicating your experience in managing credit over time. These elements collectively help lenders evaluate your creditworthiness, while job stability does not directly influence your score.