Score Watch Score Summary Page - Amount of New Credit?

[DaveSignal]

The first three items are pretty self-explanatory, but the last one, "Amount of new credit", is a little bit vague.  When I started rebuilding my FICO, I had almost no new or open accounts, only stuff that was closed or charged-off years ago.  At this point, 'amount of new credit', was marked as 'Bad'.  Since then, I opened a few credit cards and my score increased dramatically.  'Amount of new credit', however, was still marked as 'Bad'.  Now, I have about 10 current accounts, all within the last year, and 'amount of new credit' is still marked as 'Bad'.

So, where does myFICO get this rating?  How do I get something other than 'Bad' for this scoring factor?

[llecs]

Provided you remain app-free and new account-free for more than a year, that'll move to "very good" or "great".

ETA...I'll add that you'll also see gradual score increases, especially by the time your newest TL hits a year old, assuming there are no new accounts before then.

[DaveSignal]

awesome.  thats my plan anyway.  Hopefully, they don't pull my credit reports in UK when I move into a new apartment as I am scheduled to move there in August.