@Anonymous wrote:Greetings everyone!
I have a question about the exact date in which one can obtain a credit score. I am looking to go on an app spree however I don't want to waste inquiries if I will get denied for not having a credit score/thin file. As I understand, the line is arbitrarily set at 6 months before one can obtain a FICO credit score and get rid of the "thin file" stigma. I graduated HS this year and my parents cosigned a car for me on April 21. According to my CK credit report, that is the first item reported to my credit file. However, that account reports every month on the 30th which means it has only reported 5 months of payments. So my question for everyone is: Which date will be used to determine when I can officially obtain a FICO credit score? Will I be at 6 months on 10/21 or 10/30?
Score is different than thin file (which is a number of tradelines metric used in mortgage underwriting traditionally, 4 or more FTW) FWIW; however, I think it's after the lender makes the 6th reported payment so likely 10/31ish.
Happy Halloween!
