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What do creditors consider a "new" TL?

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Dw4250
Valued Contributor

What do creditors consider a "new" TL?

OK this has probably been asked before, but I must not be using the right words in the search bar...

 

How old does a tradeline have to be to not be considered "new" anymore?  6 months?  One year?  2 years?

 

And do creditors and FICO have different criteria for what they consider new?

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1 REPLY 1
gdale6
Moderator Emeritus

Re: What do creditors consider a "new" TL?

Underwriters consider it no longer new after 6 months, FICO does consider it new until the 25th month...

Message 2 of 2
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