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3 years ago
Tue Oct 19, 2021 3:08 pm
Cassie
DeveloperLoves long talks on the beach
Cassie has been gardening for over 2 years.
The friend of a friend that I took to Bank of America for her first credit card just got her first credit score ever.
She called me to ask about something and I told her to create an account with Credit Karma. I did it for her on my computer and got the following:
I checked everything to see why there is a difference on TU and EQ, and I can't see anything anywhere EXCEPT for the 'Last Payment Date' which shows August 17 on TU and August 1 for EQ! 15 point difference....very strange.
I just realized why....the single inquiry on TU whereas EQ has zero! -15pts for a single inquiry, which is right around what I experienced with my first inquiries on a new credit profile.
Here's the really cool thing: there is $0 reporting and the single account age is only 2 months.
That 3 month boost on VS3 is very real and very good. I saw it myself when I got my first credit card and it reached 3 months age in April 2019. It was +44 points across the board with very little change in aggregate balance from 2mo to 3mo, same 2-of-2 reporting a balance, 6 to 5% aggregate change, $510 to $425 total balance.
All she has to do now is put a small charge on it and let that report along with the new 3mo age. This is going to be good!
Click images to enlarge them.
TCL: $64,000 ACL: $16,000
- Tagline Loves long talks on the beach
- Score data EQ8:790 TU8:790 EX8:795
- Classic 8 Scorecard CLEAN/THICK/MATURE/NO-NEW-REVOLVER
- Mortgage Scorecard CLEAN/THICK/MATURE/NO-NEW-ACCOUNT
- AoOA 6y9m
- AoORA 5y9m
- Date of Last Inquiry and/or New Account Opening February 14th, 2020