AU usage to generate a FICO score

Anonymous · ‎02-20-2018

I understand that adding a AU to my file will generate a FICO score but will the score be based purely off of that AU or will the accounts I have that have not been aged for 6months also play a factor?

HeavenOhio · ‎02-20-2018

As long as the AU reports the account as being over 6 months old, my understanding is that a score should be generated. Once a score is generated, all accounts are included in the computation.

Anonymous · ‎02-21-2018

Whatever is on your credit report is being factored in. When the AU account shows up, it's being factored in. Whatever other accounts you see on there that are yours are of course being factored in as well.

Anonymous · ‎02-21-2018

@Anonymouswrote:
Whatever is on your credit report is being factored in. When the AU account shows up, it's being factored in. Whatever other accounts you see on there that are yours are of course being factored in as well.

In your opinion should I just wait until April 1 for my FICO score to generate manually, in order to get a baseline, or go ahead and be added to DW's (what does that mean lol) now to force the score? I plan on getting added to her account the question is when at this point.

Anonymous · ‎02-21-2018

I don't think it really matters, unless you have a need for a score sooner. But, even if you did have a need for a score sooner because you wanted to app for something for example, having the AU account but nothing else likely wouldn't be of any use to you.

newhis · ‎02-21-2018

I would wait just to see how much the AU helps.

Is the card an Amex card? Amex AU report as new accounts. Most (all?) other AU will report all the history.

Anonymous · ‎02-21-2018

@newhiswrote:
I would wait just to see how much the AU helps.

Is the card an Amex card? Amex AU report as new accounts. Most (all?) other AU will report all the history.

Thanks I am going to wait, I want a baseline to see does an AU really help that much. No it is not an AMEX.