Deptisgood,
yeah you make sense, I guess I underestimated the short history as I had a "good" score... but they both go hand in hand, I learned that a good score with short history is not really good.
So I would say the FICO scoring is flawed (in a way), I should not have got scores that "high" with short credit history, its misleading to me, makes sense?
btw,
I have
1000cl Wells Fargo Secured Card Visa, 8 months old
500 Capital one, 0 AF, MC, 3 months old
400 Mervysn, 0 AF, Store Card, 3 months old
10k Auto Loan with Honda Finance for 36 months. 6 months old.
I have been paying them regularly, my avg util used to be around 40-50% before I realised that that is not a good util, for past 2 months my util is around 10-20%.
-void