So I've just moved out and I have 1 card. No loans. No payments. Just the 1 credit card. I've now had it for 4 months and I've never missed a payment. Is a score of 658 okay for my to have?
Is a score of 658 okay for a new score?
byu/AttiBlack inCreditCards
Posted by AttiBlack
2 Comments
Credit only matters when you’re attempting to purchase something. If you’re not trying to purchase anything, don’t even think about it and just pay your bills like normal. It’ll go up.
If you’ve only had a credit history for 4 months, you’re almost certainly looking at an irrelevant credit score, probably a VantageScore. The vast majority of lenders use FICO, but FICO won’t calculate a score for you until you have 6 months of credit history.
Also, like the other guy said, just pay your statement balance on time every month and your creditworthiness (and thus score) will rise with time.