Your credit score is affected by your salary and how much money you have in your bank account. True or false?

Credit scores from FICO and VantageScore are calculated exclusively from the data in your credit report, which tracks credit accounts, payment behavior, balances, inquiries, and public records. Nowhere in this data is there information about your income, net worth, savings balances, or employment income. A millionaire with poor credit habits will have a lower score than a minimum-wage worker who manages credit responsibly. Lenders consider income separately when making approval decisions, but it is never part of the score itself.