ing Student Loans When You Don't Have Anything Else on Your Credit Report
09-30-2012 05:30 PM
A couple of thoughts:
Scorewatch may not be showing you everything. Have you pulled your reports from AnnualCreditReport.com? I'd be very surprised if your judgement wasn't listed; given your scores it's possible it's factoring into your FICO score.
You'll also want to get some positive tradelines going. Not having credit cards at all can hurt your score. Lenders want to see you can use credit responsibly, so think about a secured card or two if you're serious about wanting to get your scores up.
I agree wholeheartedly with the advice not to consolidate. With no other tradelines, your AAOA is going to tank. That is 15% of your score, admittedly not a huge percentage but given that you have no positive revolving tradelines, that's going to hurt.