FICO scores are calculated by combining the following from your credit history
FICO states that “Your FICO Scores consider both positive and negative information in your credit report. Late payments will lower your FICO Scores, but establishing or re-establishing a good track record of making payments on time will raise your score.”
Credit Scores range usually range from 300-800. While different lenders use different ranges for credit qualification, a score that is above 700 is typically considered good and will qualify individuals and scores below 580 are typically considered bad.