...history hurt you? Really? I see all the "vets" on the board with probably 20 years of history, and getting "elite" cards like Amex, Chase, BofA, look like they are easier to get than us "younguns". I want to apply for at least one of those "elite" cards when I'm finshed cleaning up my credit soon, and was wondering if my short history (five years) would hurt. I guess my point is, how can you have a high FICO when you're young? And how do creditors (like the elite companies) view short histories? Interested in hearing from the "vets". Thanks.
NOT ALWAYS... 7+ YEARS NO CLI MBNA HAD TO DO BDD TO GET CITIBANK 4 YEARS NOTHING FROM AMEX DENIED I DON'T KNOW HOW MANY "PRE-APPROVED" ACCOUNTS 25+ YEARS UYGF "SOME" under 5 years have had BETTER luck than I have!!!
Thanks George. Well, if too little history is considered negative, how can a young person "get" a great score? Hmmm...
Re: Re: How much does having a short... If your parents have good credit, have them add you as an AU (authorized user) on one of their older cards. Make sure they report. ex - I know JC Penneys does. You will get the benefit of their entire history. Oh yea, and tell Dad you don't have to have a card or even know the number