05-03-2011 06:20 AM
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.
05-03-2011 06:37 AM
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).
05-03-2011 02:04 PM
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?
05-03-2011 03:29 PM
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
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