Question*: Are there Americans who have SSNs like normal that really have no FICO score at all? Or is it usually a neutral one like 600–650 that is assigned at say age 18 before the person takes any credit out.
*from my YouTube channel.
Answer. This is a great question!
Initially, 18 year olds have no credit score. There is not a neutral score. There is not an assigned 600-650. There is just a void of you’re 17.5 years old to 20+.
The initial act of applying for credit involves a bank, financial institution, industrial loan corporation, or/and Victoria’s Secret just taking a big chance on you for $300.oo. Ditto, Home Depot.
Pay them back.
Paying the first person to credit underwrite you will build your FICO to 800.
Starting a FICO score is amazingly hard. If you apply for credit and get rejected, you’re starting off with one very, very large strike against you.
Duck9 is a credit score prep program that is like a Kaplan or Princeton Review test preparation service. We don't teach beating the SAT, but we do get you to a higher credit FICO score using secret methods that have gotten us on TV, Congress and newspaper articles. Say hi or check out some of our free resources before you pay for a thing. You can also text the CEO:
