@smallfry wrote:
Totally clean report. 29 total accounts. 7 open accounts 5 credit cards 1 store card 1 open car loan with balance of $100.
Oldest account 12 years. AAofA 5 years. 2 accounts with balances. Utilization 1%. No inquiries. Most recently opened account 3 years ago.
The items potentially holding back 800:
1. 12 year oldest account. 19 years is the sweet spot, but 800 is still possible with your stats.
2. 2 accounts with a balance. As you approach 800, I have found that only a single account with a balance provides best FICO tweak.
3. What is the age of newest account?
4. How many inquiries in past 12 months?
5. Any derogs whatsoever?
In most cases, I have found that your score will be somewhere in the middle to lower half of the range. I have never seen a case in which you obtain the high end or max of range from the estimator/simulators.
I would guess if show 760-810, that you will probably actually be 770-790. If 770-820, then around 780-799. 800, in my experience, has some resistance, but you could possibly achieve.
Why don't you run a MyFICO? At this point, using a discount code of 20-25%, you can get both scores for about $25.
Message Edited by txjohn on 05-16-2009 10:31 AM
