Re: Walmart Credit Card Users: FREE Fico Scores are available!
07-19-2011 07:00 AM
Thanks for telling us. I just checked my husband's (and then told him about it, ha ha - he doesn't mind, he was getting ready for work and he was just thrilled to see it - he has a WM card and I don't, also) and his score is 720.
That may not sound like much to some of you, but for someone who has seen numbers like 615 in the last few years, it's huge. It's reason to have a party. He just paid off all his cards, remember. He has a debt to credit ration of like 1% right now.
The reasons given as "factors that detract from your score" were "public record" and "account age too new." He has a BK from 2004 and two PAID tax liens from 2005. How long will it take until these stop holding him back, does anyone know? And how much do they hold a score back? His account age is like 4 years, I think, due to too many new accounts in the last few years.
Anyway, 720 is still awesome since I don't think we've ever seen anything int he 700s for either of us since we started tracking, and since each of us went through separate BKs in 2002 and 2004.
Too many accounts; too many debts; lots of open credit, and lots of utilized credit. Scores somewhere in the 600s - I have no earthly idea exactly what number, but not 700 like it was, briefly.