Only one Fico score???

[Anonymous]

I have been overseas for two years and am now back and need to buy a car. I don't have a credit card, only a debit visa. Before I left I had my dad put me on one of his good credit cards as an authorized user to get my scores up, which really worked. I have just purchased the Suze Orman Fico kit to find out what my scores are and the Experian came back 745, but the Transunion and Equifax came back with a message saying there wasn't enough information to calculate a score! OMG what do I do now? Can I still get a car loan with just one FICO score? Should I apply for a credit card or something to activate my other credit scores? I have no idea what to do from here....help please!

[RobertEG]

It depends on who your prospective creditor pulls their qualifying CRs from.  Talk to them, and explain the same that you posted on here.

Message Edited by RobertEG on 07-01-2008 04:23 PM

[Anonymous]

I definitely recommend applying for a couple of cards with your Experian score before FICO 08 is released and widely used by lenders because at that point you will no longer have a credit history (as the new formula will discount AU accounts) and will be unable to get prime cards from many lenders. As it stands your score is very good and with the right explanation you might be able to get a couple of cards that will grow with you over the next few years.

[CreditBob]

I would check with the specific lender before because more & more of them will not even take into account an authorized user. Chase & Wells Fargo will not. They have branches here in my area.