Initial FICO Score
Jun 22nd 2018, 7:06 pm
#1
Forum Regular
Thread Starter
Joined: Mar 2016
Posts: 119
Initial FICO Score
Hi guys,
I've been given an initial FICO score of 670.
Is that a normal initial score?
Cheers.
I've been given an initial FICO score of 670.
Is that a normal initial score?
Cheers.
Jun 22nd 2018, 7:20 pm
#2
BE Forum Addict
Joined: Dec 2005
Location: Colorado Springs
Posts: 1,214
Re: Initial FICO Score
That seems slap bang mediocre, so probably about right.
Your lack of history will be more of a deciding factor for certain types of credit.
Your lack of history will be more of a deciding factor for certain types of credit.
Jun 22nd 2018, 7:34 pm
#3
BE Forum Addict
Joined: Mar 2015
Location: NC, USA (ex Yorkshire)
Posts: 4,375
Jun 22nd 2018, 7:38 pm
#4
BE Forum Addict
Joined: Aug 2013
Location: Athens GA
Posts: 2,134
Re: Initial FICO Score
It depends on how long you have been here. Be aware that there are about 50 different FICO scores.
Keeping credit used as a low (10%) proportion of credit approved, prompt payment and length accounts have been held are all significant factors.
Keeping credit used as a low (10%) proportion of credit approved, prompt payment and length accounts have been held are all significant factors.
Jun 22nd 2018, 8:21 pm
#5
BE Forum Addict
Joined: Feb 2010
Location: Temecula, CA
Posts: 4,759
Re: Initial FICO Score
The first time I saw my score it was something like 750. Six years later and lack of history is still a big factor.
