Just got my first credit score
- Thread starter smit0847
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Last year because I had access to it cheap I got one of the Veda packages so I could track the impact of applications on score, it takes almost exactly 6 months for the score to recover from a CC application hit and I did this twice so this was consistent.
725 is fine by the way, they will still lend normally with a score like this.
What will happen when Comprehensive Credit Reporting happens is anyone's guess, but certainly applications will become less important and repayment history and total limits will become more important.
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Can anybody beat my score? 56 CC Applics since May 2010 
Do I win?
Do I win?
Good gosh- doesn't that worry you?!?
TomVexille
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I am certain it doesn't bother him at all as he sips his Krug on SQ
It would/will be a wory, if/when he's looking for a home loan!
However if he's applying for CC's and some/most are still giving them to him am unsure why he's be so worried. Also, as I noted when CCR comes in no. of applications will take on a lower importance (I'm assuming he does actually pay bills on time and has cancelled many of these cards applied for).
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Not in the least.
get me outta here
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Haven't had time - too busy flying up pointy end on FREE FF pts!Have you totalled up the sign on bonuses?
get me outta here
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Veda will give you a score. And, search on here as there is a currentish thread or two on credit scores what it is, how to get a good one and how to keep it.
zainman
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Barclays and Citi in the US will also give you free access to your credit score (can't remember from which Credit reporting agency). 790 should mean instant approval for at least 5-6 cards
JohnK
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It certainly wouldn't worry me and I suspect my credit score is lower although I can't find out my credit score due to DOB discrepancy which won't get fixed this century.
My score took a hit a few months back with a new CC application but has been steadily recovering since (it increased 34 points to 633 last month).
Just got my score for this month. It has stayed exactly the same as last month?! Absolutely no changes to my file at all. I dont get it!!!
TomVexille
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Mine has changed once in the last ten months.
FreddyFattler
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I'm going to do the American thing and start advertising it in online dating profiles..
In reality it just means i haven't applied for enough cards ;/ score has jumped roughly 150 points in the 15 months since my last application.
This part is going to be the big killer of many peoples scores when it becomes active i think
In reality it just means i haven't applied for enough cards ;/ score has jumped roughly 150 points in the 15 months since my last application.
This part is going to be the big killer of many peoples scores when it becomes active i think
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