What credit score do you start with?

“Starting credit score” doesn’t exist

[{"selector":"#anim-0957385a-0ac9-4e92-860a-36de06302089","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-384ca66d-2031-46b2-9874-3b7042d30188","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] There’s no zero or 300 score you start with. If you haven’t used credit yet, you just don’t have any.

Minimum scoring criteria

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Minimum scoring criteria

[{"selector":"#anim-3cf21c3a-8b4c-4f89-af0f-66d4b895999d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] According to FICO, there are two minimum scoring criteria: 01. Have at least one account opened within at least 6 months 02. At least one of them has been reported to one of the three major credit bureaus within 6 months.

Credit score calculation

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How to boost your credit score

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How to boost your credit score

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How to boost your credit score

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How to boost your credit score

[{"selector":"#anim-02da645c-dd4c-407c-ad26-e422feabf693","keyframes":{"transform":["translate3d(675.75742%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-454a9c3e-dd88-415d-9619-3d1f35477ae3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9d975c3c-0642-4d1a-a05e-6f648398d19b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-35c0e316-67d5-4ba9-8153-add663fd484b","keyframes":{"transform":["translate3d(112.04820%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ce0ec56-bf1b-4117-b0d0-96b961a7cbcb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e42bea84-f4c6-4655-8112-4721e12e67f9","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Here are a few credit-building tips: Pay your bills and loans on time. Take out a credit-builder loan or a secured credit card. Wait 3 to 6 months between credit card or loan applications. Try to use no more than 30% of your available credit. 01 04 03 02