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Positive tradeline value?

Discussion in 'Credit Talk' started by charlieslex, Aug 10, 2002.

  1. charlieslex

    charlieslex Well-Known Member

    What is a 10 year old positive tradeline worth point wise? I would figure that it is probably worth 40 to 50 points. Anyone know? Charlie
     
  2. charlieslex

    charlieslex Well-Known Member

    Bump,please!! Thanks Charlie
     
  3. jambe

    jambe Well-Known Member

    Wasn't there some info about such things in the Fair, Isaac presentation to the FTC or whatever? There should be a presentation on the FTC site somewhere...
     
  4. Nave

    Nave Well-Known Member

    http://www.ftc.gov/bcp/creditscoring/present/sld030.htm

    Not sure of the actual score in a number, but your score is determined approximately 15% from "length of credit history". A 10 year old account with no delinquencies will have a nice positive effect on your score.

    -Peace, Dave
     

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