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Frequent Contributor
GaTech
Posts: 374
Registered: ‎02-10-2013
0

Re: How many tradelines for a 700-800 club score?

My signature showed my 700+ FICO scores across all three Credit Report Companies.

I only have 2 accounts, AAoA is 1.1 years, and my oldest account is 2 years.

I guess my scores are so good is because I'm just establishing credit and I don't have any baddies.
As of 1/10/2014 EX FICO - 748. EQ FICO - 728. Trans FICO - 755

WellsFargo - $3,000 AMEX BCE - $18,000 Chase Freedom - $4,000



Regular Contributor
mirachi
Posts: 146
Registered: ‎01-05-2013
0

Re: How many tradelines for a 700-800 club score?

Rather than number of tradelines, I think the AAoA + clean report is more important?


Last app 5/7/2014

No apps until 3/31/2016!
Super Contributor
longtimelurker
Posts: 7,677
Registered: ‎04-22-2013
0

Re: How many tradelines for a 700-800 club score?

The FICO score breakdown is explained on this very site!  See http://www.myfico.com/crediteducation/WhatsInYourScore.aspx

 

So payment history is 35%, amount owed is 30%, AAoA is 15%, new credit (inqs) 10% and credit mix 10%

 

So number of lines comes into credit mix, which is very small.   Keep amounts owed low, pay on time, and don't app very often, and the high scores will come.


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