Your credit score has a significant impact on your life. It affects whether you can get a car loan, buy a house or qualify for an apartment. It determines how much interest you pay on credit cards and loans and how much you’ll pay for car insurance. If you have a low credit score, you may not qualify for credit cards or loans at all. The following five factors determine your credit score. By knowing all five factors, you can build a solid credit score. 1. Your Payment History As your payment history accounts for 35% of your credit score,…