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What are the minimum requirements for a FICO score?

Billy Alt - Wednesday, November 15, 2017

What are the minimum requirements for a FICO score?

In order to receive a valid FICO Score, the credit report must have:
• At least one account opened for six months or more, and
• At least one account that has been reported to the credit bureau within the past six months, and
• No indication of deceased on the credit report

Small, secured and non-secured credit cards  do not effect the FICO scores as quickly, and sometimes at all,  as they  have in the past. And, the accounts much age. 6 months OR MORE.

We also see the FICO score codes now listing not having accounts OVER $2,000.00 as a negative score factor.

At 700 Credit Repair, we have GUARANTEED RELATIONSHIPS with multiple credit card companies who guarantee our clients up to $5,000.00 in UNSECURED credit cards. 
Check out our Credit Builder Plan by clicking here >>>>>   TELL ME ABOUT THE CREDIT BUILDER PLAN!

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