High credit score low credit history!

SonyaC · 10 September 2017 at 10:13AM

I have only recently taken on a mobile phone contract so this is my only form of credit and already my credit score is very high. Should I be wary of this or could it really be so good after only 7 months?

Fireflyaway · 10 September 2017 at 10:30AM

Be careful where you get the information from. I joined the credit club here and my score was excellent which I thought odd as I have defaults. I checked back after 2 months and it had gone down to poor. Must have taken time for the into to be brought across. Not all behaviour is reported to all agencies.

[Deleted User] · 10 September 2017 at 10:50AM

Ignore the scores that the CRAs give out. They don't reflect lending criteria and are too volatile to be of any use.

Manage your credit wisely, and time will do the rest. Consider taking out a credit card that you clear in full each month.

SonyaC · 10 September 2017 at 10:51AM

I got my score through Experian who I thought would be reliable but I've never had any sort of credit before so was shocked by the high score

[Deleted User] · 10 September 2017 at 10:53AM

You can safely ignore it.

High credit score low credit history!

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