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New Visitor
Posts: 1
Registered: ‎05-03-2011
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Help a noob out please...........

I just paid my first statement on my secured cap one card. $84.93 balance on a $300 limit. I have one collection acct for $85.00 that will paid soon. I have student loans that are all paid and thats it. No other credit cards. Just a lease,cell,electric and comcast in my name. Before i got the cap card i had a thin file and no score. When can i expect to achieve a score? What should be my next move as far as another card? I only have 3 inquiries on my report. 2 of which will drop off in september. I have plenty of patience and definately am not someone who will go on a app spree. I appreciate all input. Been a longtime lurker who has gained a lot of knowledge from this site.

Frequent Contributor
Posts: 309
Registered: ‎07-19-2010
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Re: Help a noob out please...........

Welcome to the forum!  I'm not sure why you would not have a FICO score from at least one of the agencies but probably from all three (with the usual caveat on Experian) because you do have transactions on your credit file(s).

Valued Contributor
Posts: 2,292
Registered: ‎10-23-2007
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Re: Help a noob out please...........

In order to generate a score you need to have atleast 6 months of positive reporting.

I'm not a kid anymore, I've done a lot of growing up! Smiley Happy
Starting Scores Sept '15- EQ-555, TU-542-EX-536
Current Scores as of June '16 - EQ-592, TU-635. EX-629
Gardening since June2016
Senior Contributor
Posts: 3,528
Registered: ‎01-19-2009
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Re: Help a noob out please...........

Schoolbuskid wrote:

In order to generate a score you need to have atleast 6 months of positive reporting.

So Are you saying if you have 6 months of mixed reporting you have no score at all?

Established Contributor
Posts: 736
Registered: ‎07-07-2010
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Re: Help a noob out please...........

I'm surprised noone has yet to say, Don't pay a collection acount without pfd 'in. just search pay for delete or pfd to find out more

01/11/2011: FICO:TU: 746
12/14/2010: FICO:EQ: 744
08/12/2011: FICO:EXP: 766

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