Frequent Contributor
Posts: 259
Registered: ‎03-13-2007

If you have no credit do you have a score

If you dont have any credit at all is your score like 0 or what. Once you get a CC or loan of some sort how low will your score start out if you dont have one right now?
Moderator Emeritus
Posts: 16,373
Registered: ‎03-12-2007

Re: If you have no credit do you have a score

No accounts = no file, and no file = no score, not a score of zero. Your best bet might be your bank or a credit union. A secured card is certainly possible. Once a TL reports for six months, you should have a score. What the score will be, I haven't the faintest idea.
Credit Profile -
FICO 08 Scores (11-08-2014): EQ 818, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1

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