New Member
Posts: 12
Registered: ‎01-04-2013
Could a person who just charges a few dollars a year once or twice a year get a 800+ FICO score?
[ Edited ]

Lets say there were two different people: 


Person number one has two credit cards for twenty years and just occasionally uses his card for small purchases under $10, maybe twice a year.  He always pays his bills on time but only charges once every six months. He has maybe charged $500 worth of stuff in his whole life in twenty years of having the credit cards. 


Person Number Two also has just two credit cards and also has had each of them for 20 years.  He charges everything to his two credit cards and has available balance of $50K on both cards.  He keeps his utilization below 30% but has charged hundreds of thousands of dollars on his card over the last twenty years.


Both people pay their full balance every month by the due date.  Both only have  two credit cards on their credit report, with no other uses of credit.  Both got their credit cards the same year.   Who of the two men would have a higher FICO score?