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I’m proud to say that as a 20 year old student, starting my credit history 2 years ago as an 18 year old (with no prior authorized user accounts), I’m now part of the 800 club!
Transunion FICO 8 score shows 801! Thank you MyFICO forums for all the help with credit! I couldn't have gotten here without the help from all the knowledgeable individuals on this forum.
@Anonymous wrote:
I’m proud to say that as a 20 year old student, starting my credit history 2 years ago as an 18 year old (with no prior authorized user accounts), I’m now part of the 800 club!
Transunion FICO 8 score shows 801!
Congratulations!
Pics or it didn't happen
Congrats!
It always good to see a data point out there where someone references an 800 score with 2 years of credit history and no AU accounts. My next question for you would be to give us a bit more data surrounding your file...
Answering the above bullet points will give us a really clear picture surrounding your file and what exactly is going into that 801 score.
@ScoreSizzle wrote:Pics or it didn't happen
Congrats!
Couldn't attach a picture until I got to my laptop but here it is!
@Anonymous wrote:It always good to see a data point out there where someone references an 800 score with 2 years of credit history and no AU accounts. My next question for you would be to give us a bit more data surrounding your file...
- How any total accounts (open or closed) appear on your CR?
- 6 open Accounts (not counting CSP I just applied for), no closed accounts
- In months, what's your AoOA?
- Oldest = 31 months (yes it's a bit above 2 years, since I'm almost 21)
- In months, what's your AAoA?
- Average = 22 months
- In months, what's your AoYA?
- Youngest = 7 months
- How many inquiries do you have in the last year on your TU file (since that's the score you referenced).
- 1 Inq, 1 just dropped last month
- How many total open revolvers do you have? What's your individual/aggregate utilization on it/them?
- 5 revolvers - Most are $0 utilization, I report 1-2 per month, indiviudal util varies 1-5% but overall util stays at 1% because of my aggregate limits
- Do you have an open installment loan? If so, what is its utilization... basically the current balance divided by it's original balance.
- Yes, 1 Auto Loan, 31% Util right now
Answering the above bullet points will give us a really clear picture surrounding your file and what exactly is going into that 801 score.
Thanks for the info. I'm quite surprised by your score considering the stats you provided. You've got probably 10-15 points coming your way when the auto loan reports at < 8.9% and 15-20 points when your AoYA reaches 12 months. That being said, if you were to add 25-35 points to your score, you'd be at 826-836, which at an AoOA of 31 months seems next to impossible. With your recent app though, of course your AoYA will drop to 0 months making it another 12 months after that before those AoYA-related points could be had again... of course assuming you opened no other new accounts during that year.
congrats!!! Keep up the good work!
Uh_oh_Wells it is a good feeling to see the 800s. In truth, it has been said that most doors are open in the mid 700s but, with the 800s it is a matter of feeling some form of accomplishment (or for me it was after all the years I spent bottom feeding). A big Congratulations!