When are you are a "THIN FILE" or "New To Credit" or a "Scorable" Credit Score, according to FICO?



Exact numbers! [Click “See More” for Advertiser Disclosure] You can support our channel by choosing your next credit card via one of the links below (in other words, we make money if you get approved):
.
– CardMatch™:
– Cash Back Credit Cards:
– Travel Rewards Credit Cards:
– Credit Cards For Good Credit:
– Credit Cards for Fair Credit:
– Or, use our Amazon.com link: (As an Amazon Associate, we earn from qualifying purchases.)
.
ADVERTISER DISCLOSURE: Unless otherwise noted, this channel receives compensation from our partner sites when you click through and are approved for a credit card through the links you see above. Compensation may impact how and where we place these links. While we try to include information on a wide variety of financial companies and products in our videos, we definitely can’t guarantee that we’ve included every company or every available offer.

NOTE: Credit card information in this video is not guaranteed; we have attempted to confirm all information to the best of our ability but we could simply be wrong or the information could be outdated by the time you watch this video. We are doing our best here, but check our work!

Our site:
Contact: Adam Jusko adam@proudmoney.com
(for business/media inquiries only; unfortunately I do not have the time to offer thoughtful answers to the many individual credit & money questions I get by e-mail — but I do read them and try to incorporate answers to common questions into future videos.)

#FICO #creditscores #credit

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33 Responses

  1. Rafael says:

    I haven’t paid my full balances on both my cards in 2-3 months, and my score for transunion, equifax experian went up 20-25 pts but my fico still is 20 pts below the others. I’ve been having credit for 10 months now

  2. Games says:

    What about BOA credit card they don't have my SSN, So it will show up on fico report?

  3. Paul K says:

    I'm new to credit but I am now also an authorized user for 2 cards and my credit scores. My credit score is now really high because of it (myFICO says 780 average between the 3 bureaus on FICO 8 score). How many months do I need with my own credit cards to start getting the best rates and stop getting denied for non-secure credit cards?

  4. Ignited Fist says:

    If I am overweight can still be called thin file? Please help

  5. Ariana Sherry says:

    Cool

  6. EKV 12 says:

    3 years is excessive , 2 years is understandable

  7. Kaz Visk says:

    Are you new to credit if you have an authorized user trade line that’s older than 3 years?

  8. Michael Hauser says:

    Remember that a credit score has nothing to do with the approval process..

  9. NCKyle1980 says:

    I think I'm just surprised as you are by three year being considered new still. Hopefully people who feel no need for credit wouldn't be on YouTube watching your content to begin with tho, good sir. hah Happy Friday, Mr. Adam. Have a great weekend, sir.

  10. J. Lyon Layden's The Looters Revue Show says:

    I've got a 757 Experian and a 719 FICO up from N/A after only 6 months, but I'm actually more likely to get denied than when I had a 690 because it took me 25 inquiries to get there and I'm still new credit.

  11. Ray Beliveau says:

    With Self (at the time Self Lender) and NFCU cashRewards, it took ~9 months to go from nothing to mid-700s.
    Adam's shirt looks like the Custom Cash card.

  12. Sam Villanueva says:

    Well now I will forever wish to become a Thicccc file

  13. Michael Swaim says:

    Middle FICO 8 score of 762, 15 months with a trade line reporting.

  14. Mitchell. says:

    Awesome!

  15. D L says:

    I have 2 cards. Wells Fargo Platinum card that is 4 years and 7 months old. Navy Federal More Rewards Amex Card that is 2 years and 8 months old. Thin file because of only 2 cards. I also had a rent payment service that reported a few of my rent payments to the credit bureaus, when i made by payments online. That's a closed account though.

    No hard inquiries.
    I have 3 collection on my credit profile that is 5 years old, but will fall off in 2 more years.

    Do I add 1 more credit card to make my file no longer thin?
    I am not interested in buying a house yet. I need 2 or 3 more years of savings. I have the down payment but I want to wait until I can pay off the majority or at least half of the mortgage.

    Do I get a new credit card now or keep treading water with my 660 credit score?
    How do I get to 750 and above from where I am in my credit and finance journey?
    I'm a truck driver working hard out on the road. (And yes, I'm tired…lol.)

  16. Joseph Lupo says:

    Wait until they start adopting the commie social credit score model then you'll know America is completely gone.

  17. Joseph Lupo says:

    Interesting.

    I keep getting a not enough installment loan or no loan activity from FICO even though I have no outstanding loans. I'm convinced that is the only thing that is keeping me from an 850.

  18. Shakaama says:

    I had a banker say they assume EVERYONE is literally a criminal. and THEN the person, their customer, their potential customer, has to prove they aren't.

  19. Roma Pavelko says:

    I reached 760 in exact 2 years starting from scratch (moved to US in 2019). I have one fully paid off 24 months car loan and 5 credit cards.

  20. Octavio Luna says:

    How true is it that a bank can deny you for a loan if you have a lot of credit cards, even if they are in good standing and on 0%? And how many is "a lot of credit cards" in their eyes for that to happen? I've been told that from other people when I talk about the pros of having credit cards

  21. Katrina says:

    Yup I’m listed as new to credit because I have less than 2 years credit history but with 7 credit cards and 1 auto loan my file isn’t thin.

  22. Peter Washington says:

    Im at 745 fico. Never collections or late payment. Im exceptional in that area. My file says thin because im 4 out of 5. Its says I need a credit card. What are my chances of getting chase sapphire preserve? I want that as first credit card.

  23. Stan Lee says:

    "But I want to be called a thick file…"

  24. MC Bc says:

    Very informative video. I'm still in "new to credit" territory and have 3 credit cards. I have a little over 1 year to go but would like to add to my card collection. In your experience, is it possible to get a US Bank altitude Reserve card while still being "new to credit" with a 720's fico and no inquiries in last 5 months?

  25. Andrew Jin says:

    More content on YT should be modeled after this. Top quality stuff. Thanks!

  26. Justin Zhao says:

    It’ was really annoying in the beginning. Credit 2 years now. 6 cards. 3 in the last 2 months lol

  27. BrunoRatedR says:

    Wow what a coincidence! just when I had questions on this topic, what great timing haha Great video as always!

  28. Neno says:

    You’re the best!! Saving & archiving vid good info

  29. katieqt37 says:

    I'm not even a newbie anymore but I still enjoy your video! Always explain everything so clearly and good topics!

  30. esoterical73 _ says:

    I have one credit builder loan from 9 years ago and 2 credit cards with 3 months or less. I'm absolutely terrified the credit builder loan will fall off fico before purchasing my first home. Going from 660 to 726 to 765 then back to low 600's and not being able to buy a house could happen -_-

  31. Alberto Zarate says:

    Awesome video like always, thanks to this videos i have managed to rebuild my credit, I do have a question that’s not related to this video, is the amex gold a charge card?

  32. emilio bustamante says:

    Great video

  33. ProudMoney - Credit Cards & Personal Finance says:

    You can support our channel by choosing your next credit card via one of the links below (in other words, we make money if you get approved): [Click "See More" for Advertiser Disclosure]
    .
    – CardMatch™: https://rebrand.ly/p70ubk
    – Cash Back Credit Cards: https://rebrand.ly/8tz84x
    – Travel Rewards Credit Cards: https://rebrand.ly/27jk4y
    – Credit Cards For Good Credit: https://rebrand.ly/yi47oz
    – Credit Cards for Fair Credit: https://rebrand.ly/956h4w
    – Or, use our Amazon.com link: https://amzn.to/2PpQWoB (As an Amazon Associate, we earn from qualifying purchases.)
    .
    ADVERTISER DISCLOSURE: Unless otherwise noted, this channel receives compensation from our partner sites when you click through and are approved for a credit card through the links you see above. Compensation may impact how and where we place these links. While we try to include information on a wide variety of financial companies and products in our videos, we definitely can't guarantee that we've included every company or every available offer.

    NOTE: Credit card information in this video is not guaranteed; we have attempted to confirm all information to the best of our ability but we could simply be wrong or the information could be outdated by the time you watch this video. We are doing our best here, but check our work!

    Our site: https://www.ProudMoney.com
    Contact: Adam Jusko adam@proudmoney.com
    (for business/media inquiries only; unfortunately I do not have the time to offer thoughtful answers to the many individual credit & money questions I get by e-mail — but I do read them and try to incorporate answers to common questions into future videos.)

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