The credit report will compile all of this information and present to lenders as a single score, with generally speaking, the higher the score, the better the chance that you will repay the loan. If all the information compiled on you leads to a low score, you will be classed as a bad credit loan applicant and the terms at which lenders will be willing to lend to you will be less attractive, if they will lend to you at all. You can see your credit report for yourself and if there are any mistakes on it that you think will worsen your score, you have a right to have them corrected.