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Opened first card in Sep 23 then closed

tag
NoCredit
New Visitor

Opened first card in Sep 23 then closed

I opened a ssecured card in sep 23, 4 ish months ago. I know the FICO generates when you have 6 months of history. Even though the card is closed, will I still get a Fico score to generate? (closed positive 0 balance didnt like the lender. Opened new card with OpenSky, not yet reporting recently. Or will I have to wait for the OpenSky for 6 months and wait 6 months ?

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3 REPLIES 3
K-in-Boston
Epic Contributor

Re: Opened first card in Sep 23 then closed

The closed account will remain on your credit reports for up to 10 years after it is closed.  For all of the metrics where it still counts, it will, so you will have 6 months of credit history in March.

Message 2 of 4
SouthJamaica
Mega Contributor

Re: Opened first card in Sep 23 then closed

You won't have to wait another 6 months. Your closed card is as much a part of your report as the open card.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 699 TU 696 EX 682




Message 3 of 4
pizzadude
Credit Mentor

Re: Opened first card in Sep 23 then closed

Moving to Understanding FICO scoring

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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