Are Credit Scores based solely on Credit History or is your income also a determining factor?

What I'm asking is: If you are poor and have an excellant payment history, never late on a credit card payment or house payment, etc., would you have as high of a credit score as someone who is 'well to do'? I'm not asking if a poor person could get a million dollar loan, I'm sure income is a factor there; I'm asking if their credit score would be the same, based on a perfect credit history. Please help me with an answer. Thank you.

Public Comments

1. Your income does not affect your credit score.
2. income is a factor They do a debt/how much money you make ratio say you have a 200 dollar car loan and 50 dollars for insurance but only make 300 a month buy wanted a loan that would take the other 50 dollars you wouldnt get the loan because they would know this would leave you nothing to live on and there is a very good chance you will not be able to pay this back
3. ist of all your income is a determining factor allowing you to pay your bills, ............second of all, your credit history determines your credit score simply by just paying all your bills on time.... Yet the one time you are deliquent on a payment, or you don't let them know it will be late, your good clean record is flagged, or marked as bad credit on that one missed payment.....No matter how rich or poor you are, everyone has to pay their bills on time.....And very few people get a milllion dollar loan...You may need to put up some collateral, say your home, your cars, anything you own that they can take away from you if you default....
4. Please refer to www.myfico.com for the answer to what your FICO is based on. Good luck.
5. Credit scores are based strictly off of your credit history. LENDERS might consider your debt to income ratio before granting you new loans, but since wage information is not included on your credit report (it's not on mine) there is no way they can be using wage information to determine your credit score.
6. Yes your income affects it a little. Your credit score is based on your income to debt ratio. If all of your income goes toward your indebtness, banks, companies see that and know that you have to pay things not on that list like, utlitites,phone, cell phone, insurance, things like that not listed on a credit report. So yes, it has some to do with it...