{"id":7983,"date":"2016-05-30T17:56:36","date_gmt":"2016-05-30T21:56:36","guid":{"rendered":"https:\/\/www.duck9.com\/?p=7983"},"modified":"2016-05-30T17:58:24","modified_gmt":"2016-05-30T21:58:24","slug":"majority-of-people-under-20-yo-have-no-fico-score","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/majority-of-people-under-20-yo-have-no-fico-score\/","title":{"rendered":"Majority of People Under 20 yo Have No FICO Score."},"content":{"rendered":"<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><b>Question*<\/b>: 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&#8211;650 that is assigned at say age 18 before the person takes any credit out.&nbsp;<\/span><\/p>\n<div><\/div>\n<div>*from my YouTube channel.&nbsp;<\/p>\n<div><\/div>\n<div><b><i>Answer<\/i><\/b>. This is a great question!<\/div>\n<div><\/div>\n<div>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&#8217;re 17.5 years old to 20+.&nbsp;<\/div>\n<div><\/div>\n<div>The initial act of applying for credit involves a bank, financial institution, industrial loan corporation, or\/and Victoria&#8217;s Secret just taking a big chance on you for $300.oo. Ditto, Home Depot.&nbsp;<\/div>\n<div><\/div>\n<div>Pay them back.&nbsp;<\/div>\n<div>Paying the first person to credit underwrite you will build your FICO to 800.<\/div>\n<div><\/div>\n<div>Starting a FICO score is amazingly hard. If you apply for credit and get rejected, you&#8217;re starting off with one very, very large strike against you.&nbsp;<\/p>\n<p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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&#8211;650 that is assigned at say age 18 before the person takes any credit out.&nbsp; *from my YouTube channel.&nbsp; Answer. This is a great question! Initially, 18 year olds have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7983","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/7983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=7983"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/7983\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=7983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=7983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=7983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}