My Credit Score?

[Anonymous]

I already knew I was declined for a Discover card, but they sent me a notice in the mail anyways...

I looked at it and it says:

Type of credit score: L2C

Your credit score: 710

Key factors that affected your credit score were as follows: Insufficient credit experience, applicants identity cannot be verified.

Yet Experian and Transunion say I have a 0 score, Transunion reflects 11 inquiries, Experian reflects 1...

I know my credit history is thin, but I thought that meant my score was 0 until they gathered enough information... and also, my identity is brand new to credit that it hasn't been 'verified', if you will, yet.

I'm CONFUSED!

Can anyone enlighten me, please? I wasn't expecting to get a score for another 3-6 months...

[coldnmn]

L2C is a score model from TU for people with very thin or no credit history.

[Anonymous]

OK, so the score that they gave me is inaccurate for that reason?

[09Lexie]

The score is accurate, L2C is an alternate source.  If your credit profile has not had at least 2 TLs open for a min of 6 mos, your score will not generate. There are others factors, as well but it sounds like you are new to credit with little or no TLs reporting for less than 6 mos. 

[Anonymous]

Thank you Lexi! That makes perfect sense to me now.