The number people live and die by: Credit Scores

[AgentJean]

I just did my yearly credit report and I my number.
Is 708 bad?

 

[FoBoT]

sounds good to me

i haven't looked at mine in 3 years, since we bought our house

 

[gsethi]

anything under 709 is bad

 

[AgentJean]

Originally posted by: gsethi
anything under 709 is bad

LOL funny.

I noticed my credit card(my only credit card BTW) isn't on the report(yet their inquiry is on the report). If I got that on the report the number should go up right?

 

[Zenmervolt]

It's pretty good. Generally once your above 720 you can qualify for the best rates.

ZV <-- 743

 

[Zenmervolt]

Originally posted by: AgentJean

Originally posted by: gsethi
anything under 709 is bad

LOL funny.

I noticed my credit card(my only credit card BTW) isn't on the report(yet their inquiry is on the report). If I got that on the report the number should go up right?

Depends. I don't know everything that goes into it, but it should help your debt to credit ratio, which is a good thing if you don't have too many accounts open.

ZV

 

[spidey07]

708 is "mediocre". Not bad, not good either. Get it over 720.

 

[AgentJean]

Originally posted by: Zenmervolt

Originally posted by: AgentJean

Originally posted by: gsethi
anything under 709 is bad

LOL funny.

I noticed my credit card(my only credit card BTW) isn't on the report(yet their inquiry is on the report). If I got that on the report the number should go up right?

Depends. I don't know everything that goes into it, but it should help your debt to credit ratio, which is a good thing if you don't have too many accounts open.

ZV

Well I only have 1 opened account(student loan) and the payment is in deferrment. Other than that I have nothing opened that's being reported.

Guess I'll have to call my credit card company and find out why they are not on my report. If they don't report, they will canceled.

 

[edro]

<insert guesstimate that will make me better than everyone else>

 

[Zenmervolt]

Originally posted by: AgentJean
Well I only have 1 opened account(student loan) and the payment is in deferrment. Other than that I have nothing opened that's being reported.

Guess I'll have to call my credit card company and find out why they are not on my report. If they don't report, they will canceled.

They all report. Sometimes one or two the reporting agencies (there are three) will lag a little, so depending on when you ordered the report and when the card account started you are probably just in the delay period.

ZV

 

[kami333]

Some cards report every month, other cards won't. From what I've seen from mine it doesn't really depend on if you carry a balance or not either. Discover card has been reporting every month for the last 7years even though I've never used it, BoA has skipped a couple of months even when I had a balance on it.

Mine just went down a bunch of points from inquires and opening new accounts.

 

[AgentJean]

The CC has been active for 6 months now and it has not shown up on TransUnion or Experian. I'm wainting on Equifax

 

[Mrfrog840]

Mine is at 727

 

[CrackRabbit]

Be happy mine is a -4.5

 

[SuperFreaky]

805

 

[giantpinkbunnyhead]

I don't live or die by my credit score; probably since I haven't noticed it to be the big fuss everyone makes it out to be. I'm not saying it's not important; just that if I was able to buy a new truck, followed by a new house at 5.8% fixed, with a credit score of 621.... then I think I'm doing all right. I made stupid choices in college which are the reasons behind that score; but I didn't wanna wait for that to straighten out before moving on with my life. I was pleasantly surprised to find that such a low score didn't keep me from much of anything at all. I'm still improving that score but it's not a priority.