Cct no experian score but showing tu and eq

[Anonymous]

I signed up for cct today. However it says my experian score is unavailable but did give me my TransUnion score and my equifax score. My question is? Are the scores it did show accurate and will it be a month before my experian shows up if I have no activity before then reporting? Thanks in advance.

[Anonymous]

CCT provides accurate real time FICO 8 scores. 

Is your file very new/thin?  Either CCT is having trouble accessing your EX data, or if your file is very young perhaps you only have 1 account that's reported on your TU/EQ files but it's not reported to EX? 

You don't need "activity" on a certain bureau's data to generate a score.  What you do need is one account to be at least 6 months old in order to get a score.

[iv]

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@Anonymous wrote:

You don't need "activity" on a certain bureau's data to generate a score.  What you do need is one account to be at least 6 months old in order to get a score.

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It doesn't come into play for many people... but you do need activity on a CRA report in the last 6 months for a FICO score to be generated.

Just having a 6+ month old account is not enough - at least one account must have been actively reported to the CRA in the last 6 months. (Usually, most open accounts do report monthly, even without usage, so this is not a common problem for scoring if you have at least one open account.)

• 6+ month old closed account + no open/reporting accounts == no score
• 1 month old open/reporting account + nothing older == no score
• 6+ month old closed account + 1 month old open/reporting account == score
• single 6+ month old open/reporting account == score

 The basic scoring requirements are:

• At least one account opened for six months or more, and
• At least one account that has been reported to the credit bureau within the past six months, and
• No indication of deceased on the credit report

[Anonymous]

Well I’m actually surprised I have a score at this point at all. Let me explain. I was a authorized user on a account 3.5 years ago. That account was closed by creditor also showed a 90 day late payment. Then had one medical for under $75 for 2.5 years ago. Recently I added two secured cards. Discover secured $200 cl. Capital one secured $200 cL. Both accounts open 8/2018. They have both posted to Transunion and equifax. Experian is still showing no score on cct. As of today tu is 633 and eq is 702. So only having cc for 2 months surprised I have score at all. I do wonder what my experian report score will b whenever it does post. Oh one other thing. First got discover card and thought reporting date was different. Anyway I ended up w a 49% utilization. Won’t happen again. Have always paid card in full since. Any tips on what to do know to raise score would b greatly appreciated. Can’t get credit with only two bureaus reporting. Thanks again

[iv]

Either the closed AU account or the medical collection would be enough to fulfill the 6+ old account requirement.  Combined with your brand-new, currently-reporting cards, that's what's giving you a score.

For Experian, either both old accounts aren't reporting there, or the brand-new accounts haven't reported yet. Either is possible.

You'll want to get that AU account with the 90-day late removed from your reports - as it's not actually your account, that's easy. (Just dispute it as "not responsible for this account".)

Other people may have suggestions about the medical collection.

Do you have anything else listed on your reports at all?

[Anonymous]

Nothing else on credit report. Had student loans but those are removed now. Going to try do pay for deletion on medical bill. $74.

[iv]

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@Anonymous wrote:
Nothing else on credit report. Had student loans but those are removed now. Going to try do pay for deletion on medical bill. $74.

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If you get that and the AU account removed, your scores will disappear on all CRAs until the new accounts reach 6 months old... but at that point you'll have a completely clean (if thin and young) file. You should end up with a decent score for your "fresh start", and it should only increase as your new accounts age.

[Anonymous]

This may sound stupid but what do you consider decent? I just wonder if it be worth getting that taken care of just to end back up where I am now?

[iv]

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@Anonymous wrote:
This may sound stupid but what do you consider decent? I just wonder if it be worth getting that taken care of just to end back up where I am now?

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Assuming you keep your card utilization low, and don't go on any new-account-opening sprees? Low to mid 700s on all three CRAs initially, I would expect, and then increasing as the accounts age.

You are seeing 633 and 702 right now, with one or two negative accounts reporting. (I'm guessing that the AU with the 90-day is showing on TU, with that 633, and EQ only shows the medical, with the 702?)

Your AAoA will drop very slightly, yes. (Including the negative accounts, it's only 1.5 years right now, anyway.)

But going from having a 90-day late on at least one CRA to no negatives at all is huge.

It's absolutely worth getting both accounts taken care of.

With careful credit use (and perhaps opening a small installment loan and one additional card), you could easily hit the 800s within two years.

[Anonymous]

Oh wow. I forgot I do have a small secured loan ($521) pays off in 7 months. It started just two months ago also. Already paid the bill for this month. Out of sight out of mind.
That would be awesome to start with credit scores starting in that range across the board. Thank you very much for your input and knowledge.