Credit Cards

[pat0812]

i just activated my walmart card online and i went to the free FICO score and when i try to enroll for the service i get this message

We are unable to access your FICO® Score information at the Credit Bureau. 

If you have placed a security freeze or lock on your credit report at the Credit Bureau, you must remove it before we can access your FICO® Score information and display it on this site. 

Is it because i don't have 6 months credit history yet ? because also when i tried to sign up for MYFICO services, it doesn't let me, and at MYFICO they told me i need to have at least 6 months credit history and 1 year a social security number.

Do you think it's the same with TU ? they need to have at least 6 months of history to generate a score ?

[maiden_girl]

If you're new to credit...you will not have a score to calculate for at least 6 months of having your first account. You need a history to report to any of the bureaus.

[LS2982]

Yea you need to get 6 months under your belt and you'll be ok.

[wealthcreator]

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maiden_girl wrote:

If you're new to credit...you will not have a score to calculate for at least 6 months of having your first account. You need a history to report to any of the bureaus.

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+1 

same happened with my wife when she had less than 6 month history. I added her onto my oldest card and it worked like charm.

[pat0812]

will everything work for me (MYFICO and TU WALMART SCORE) after 6 months exactly ? or it might take 8-9 months

Is it 6 months since i opened my first account or 6 reported months on my accounts that have been paid (7 months, because my first payment was 1 month and half after i opened my account)

[Revelate]

6 reported months. Depending how that breaks it could be 5 and change or even seven months after you opened your first tradeline before you can generate a FICO score.

Walmart and myFICO should both be available at that time as others posted.

[maiden_girl]

Well when I first got started with credit...I didn't have a FICO score at all. I just had a report with no score. I could order reports with some history and inquires...but there wasn't enough information to generate a score. It wasn't until almost a year of having my credit card that I generated a FICO score and it was LOW. LOL. But I had one.

[ReaLiLJ]

@ path0812 Yep thats correct, and It is after 6 reported scores, if your new to credit and just starting out, I would recommend that you apply for a Cap1 card (the approval usually goes through with no credit, with a CL of $300) and to add to that, to just continue to establish your credit by following the 16% card rule and paying in full for the next 6 months. After that request your scores, and stay away from seeking out new credit until your 9-12 month margin; a year preferably; but only if you really need to, and your credit scores should get up to the fair level! 
Warning: Don't use your full balance in those 6 months, or else it will look very bad!
& Remember you have plus scores, fico scores, risk scores, vantage scores, and FAKO scores stay away from anyone reporting FAKO scores. And use the trials from the credit bureaus wisely, as they come in handy! 

~hope this helped