Not enough revolving debt experience. [Equifax]

Anonymous · ‎03-28-2008

Hi everyone, can someone tell me what this means? It was on true credit of things hurting my score. don't really care about the score b/c its fako's but was curious what this ment.

Not enough revolving debt experience. [Equifax]

MidnightVoice · ‎03-28-2008

Probably "too short a history of credit card use"

Low age of average account, oldest CC not very old?

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid

cobra19 · ‎03-28-2008

laila..............means you need more credit cards (revolving debt) and/or your file is too young (lucky you).

You need to show, over a period of time, you can responsibly manage debt.

Message Edited by cobra19 on 03-28-2008 12:50 PM

New York Yankees - 2009 World Series Champions. 27... and counting.....

llecs · ‎03-28-2008

Looks like that comment came from TrueCredit. I don't put any trust or faith into their comments.

Anonymous · ‎03-28-2008

laila08 wrote:

Hi everyone, can someone tell me what this means? It was on true credit of things hurting my score. don't really care about the score b/c its fako's but was curious what this ment.

Not enough revolving debt experience. [Equifax]

As you know, the score is FAKO. So is the advice.

The only thing you should be looking at on TC is the actual reports.

Anonymous · ‎03-28-2008

Thanks for all the replys guys! You guys rock. I think my stuff is to young I am in the aging mode right now and paying off some debt. I think i have plenty of cards. well for me anyway. I don't plan on apping for anything new till next year. (Watch out PenFed!!

)

My cards are:

Amex blue

BoA plat

Wamu visa(AU)

Juniper(AU)

Discover Open Roads

Not to shabby?