Fico score 343. How can these be?

[orestrus]

Hi, im brand new to credit game, just opened 2 secured cards along with 2 cap 1s-journey and platinum classic. Well, i had to start somewhere, so did a bunch of apps. In the letter from Web bank my credit score was listed at 342!!! How these can be possible?Again, im brand new, never had any type of credit whatsoever

[CreditCuriosity]

---

@orestrus wrote:
Hi, im brand new to credit game, just opened 2 secured cards along with 2 cap 1s-journey and platinum classic. Well, i had to start somewhere, so did a bunch of apps. In the letter from Web bank my credit score was listed at 342!!! How these can be possible?Again, im brand new, never had any type of credit whatsoever

---

Web Bank is a Fako score provided or an internal score they use.. That isn't your correct Fico score. If you want to see where you stand now, pull all three from this site.

Granted to get a "FICO" score you have to have 6 months of credit history being a CC, a car loan, a student loan, some type of installment loan, AU user on someones else's CC, etc.. One of the following at leat to generate a FICO

[Anonymous]

get the $20 dollar monitoring here on this site and you will see the rise of your scores point by point!  

Good luck! 

[taxi818]

I agree. get your fico scores here to know where you stand. but im thinking. i don't think anyone could get a 342 fico. even if you never paid a bill on time in your life.

[Anonymous]

Actually, my parents started with 800+ credit scores, and with 6 months of missed payments and max out cards, dropped below 450! Then chapter 7 BK dropped it down to 337. Yes 337. So it can happen sadly :/

[taxi818]

---

@Anonymous wrote:

Actually, my parents started with 800+ credit scores, and with 6 months of missed payments and max out cards, dropped below 450! Then chapter 7 BK dropped it down to 337. Yes 337. So it can happen sadly :/

---

Now that is sad. my good friend. has 36 collections. 8 chargeoffs. and about 200 late charges. his score is 554 thats why i thought you can't get that low. he did not have any maxed out cards as they were canceled long ago. i think he has not paid a bill on time in like 10 years. straight degenarate gambler. lol.

[Themanwhocan]

---

@orestrus wrote:
Hi, im brand new to credit game, just opened 2 secured cards along with 2 cap 1s-journey and platinum classic. Well, i had to start somewhere, so did a bunch of apps. In the letter from Web bank my credit score was listed at 342!!! How these can be possible?Again, im brand new, never had any type of credit whatsoever

---

Exactly which cards do you have right now?

[orestrus]

unfortunately i cant pull my score here as i used itin on card apps(no ssn). i have us bank, BofA ( both secured) and 2 cap1s

[newhis]

---

@orestrus wrote:

unfortunately i cant pull my score here as i used itin on card apps(no ssn). i have us bank, BofA ( both secured) and 2 cap1s

---

Hey fellow itin user. If you are brand new to the credit world in the USA then you have to wait for 6 months before a FICO score can be generated. I started with a BofA secured and a regular Discover (I applied by phone) card in 03/14, my 09/14 statement from Discover came with my score (exactly 6 months).

I was able to get my credit reports with the 3 bureaus with itin and no ssn, but I had to request 2 by mail and 1 by phone (TU). I'm not able to open accounts on most of the free credit websites like CK, CS, etc.

My best recommendation is to not apply for anything else for at least 6 months. If you want to get high limits and low APRs you don't apply for at least 12 months. If you can at statement 6 with BofA put more money into your card (5000 or more), this will be a HP, then wait for auto graduation and then you will have a card with $5,000 limit.

[orestrus]

Newhis, can you please describe your journey ? What you applied for and when? I want to follow your steps to insure success and avoid unnecessary HPs. Thanks a bunch!