I just had to check… I’ve been paying bills and shit on time for 15+ years and I am barely at 748. I even have like 60k USD in available credit. How the fuck do they have a minimum of 750 like wtf.
On another note, something also crazy is that I noticed that when I bought my first home my credit dropped 100 points. The banks actually lowered my credit score on buying a house…
Age of accounts and utilization are huge factors, so if you’ve opened and closed a lot of accounts, and if you’re over 10% utilization then your score will come down. Leave accounts open even if you don’t use them. The age will help.
I just had to check… I’ve been paying bills and shit on time for 15+ years and I am barely at 748. I even have like 60k USD in available credit. How the fuck do they have a minimum of 750 like wtf.
On another note, something also crazy is that I noticed that when I bought my first home my credit dropped 100 points. The banks actually lowered my credit score on buying a house…
Age of accounts and utilization are huge factors, so if you’ve opened and closed a lot of accounts, and if you’re over 10% utilization then your score will come down. Leave accounts open even if you don’t use them. The age will help.