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Too new to rate.... a 10 year old account?

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AndySoCal
Valued Contributor

Re: Too new to rate.... a 10 year old account?

I would say ratings 1 thourgh 6 are increasing in severity yes. As for ratings 7 through 9 I do not think one is worse than another. Those types of situations  covered in those ratings needed to be included and where assigned a number in my opinion. All three will lower your score considerably.
FICO Scores XPN v8 802 V2 831 (SDFCU) TUC 803 v8 EFX 807 (10/2023)
Discover 09/90 19,000, JCPenney 10/2008 4,700 US Bank Cash 12,000 Citibank Custom Cash 5/2015 11,100 State Dept. FCU 15,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 Banking: Ally Bank Credit Unions: Lafayette FCU Fortera FCU State Department FCU Pelican CU

Pelican State CU Redstone FCU

Message 11 of 12
AndySoCal
Valued Contributor

Re: Too new to rate.... a 10 year old account?

Judgements and most public records are not covered with a rating. The only exception is the bankruptcy currently.
FICO Scores XPN v8 802 V2 831 (SDFCU) TUC 803 v8 EFX 807 (10/2023)
Discover 09/90 19,000, JCPenney 10/2008 4,700 US Bank Cash 12,000 Citibank Custom Cash 5/2015 11,100 State Dept. FCU 15,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 Banking: Ally Bank Credit Unions: Lafayette FCU Fortera FCU State Department FCU Pelican CU

Pelican State CU Redstone FCU

Message 12 of 12
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