Re: Getting discouraged

Anonymous · ‎02-25-2016

Credit One finally reported the 6th month, but still no score. Does anyone have any idea why that would happen? Making all sorts of progress with hubby's credit, but none on mine, other than getting my reports clean.

Anonymous · ‎02-25-2016

@Anonymous wrote:
Credit One finally reported the 6th month, but still no score. Does anyone have any idea why that would happen? Making all sorts of progress with hubby's credit, but none on mine, other than getting my reports clean.

Not a fan of Credit One and the more I read the less I am. Glad I never went that route!!! I got their mailers all the time and put them in the round file. LOL

What open lines do you have? I know you are here all the time but your siggy is blank so it's hard to make suggestions without info...

Keep cleaning!!!

Anonymous · ‎02-25-2016

@Anonymous wrote:
Credit One finally reported the 6th month, but still no score. Does anyone have any idea why that would happen? Making all sorts of progress with hubby's credit, but none on mine, other than getting my reports clean.

Where are you pulling your scores from?

Anonymous · ‎02-25-2016

Score is from CCT. Accounts are Cap1 Platinum Secured, Cap1 Platinum, Cap1 QS1, fingerhut. AU on hubby's 3 Cap1 cards, secured, QS1 and QS, Walmart, Lowe's, Overstock, Victoria's Secret, Express, and Credit One

Anonymous · ‎02-25-2016

@Anonymous wrote:
Score is from CCT. Accounts are Cap1 Platinum Secured, Cap1 Platinum, Cap1 QS1, fingerhut. AU on hubby's 3 Cap1 cards, secured, QS1 and QS, Walmart, Lowe's, Overstock, Victoria's Secret, Express, and Credit One

What is the open date of each account?

Anonymous · ‎02-25-2016

My platinum secured is 11/15, the other 2 are 1/16, fingerhut is 1/16 (fresh start 11/15 to 1/16, graduated), credit one 9/15, hubby's cap1 secured 10/15, all 3 comenity cards 11/15, Walmart 12/15, Lowe's this month

Anonymous · ‎02-25-2016

It sounds like your oldest open account was opened sometime in 09/15. Even if that were 09/01/15, it wouldn't be six months yet. Six months would be 03/01/2015.

A profile is not supposed to be scored by FICO until at least six months at least have passed.

You are setting yourself up for epic levels of unhappiness in your credit building journey if something as small as this can cause you to create a post called Getting Discouraged. Work instead on developing patience and a relaxed attitude and the expectation that developing good credit is something that will take a number of years, especially since you have some derogs.

With respect to this particular question, I would give it till seven months have elapsed since the date of your oldest open account -- and I'd add a good 3-4 business days on top of that as well.

Very best of luck....

NattyPButter · ‎02-25-2016

yeah you have to give it time. Also don't feel bad about the credit one account either because ppl are spreading misinformation about them. I've never been charged interest and I use the card. Just make sure to pay it off before statement cut date or when transaction post and you won't be charged interest.

Anonymous · ‎02-26-2016

I'm over the temporary discouragement. Just gets frustrating sometimes especially when hubby is knocking on 700s. We also planning on cancelling Credit One in April but want me to have a score before then

SouthJamaica · ‎02-26-2016

@Anonymous wrote:
I'm over the temporary discouragement. Just gets frustrating sometimes especially when hubby is knocking on 700s. We also planning on cancelling Credit One in April but want me to have a score before then

Hang in there, you'll have your score soon.