Creditors consider several factors in determining whether you receive credit. These factors include your income and ability to repay debt, your creditworthiness and credit history, your job stability, and your assets. The higher your income level, the more likely that someone will take a chance and extend you credit. If you have a history of missing payments or making late payments, that reflects poorly on your credit history and makes you less a creditworthy individual. Likewise, if you have worked at the same job for a period of time, that stability could be factored into the credit loan decision. Also, if you have assets (a car, a house and other property), those could be considered in the credit process.