This is a good question to be asking as you begin to establish a credit history. There are two basic requirements for a FICO® score. You must have at least one account on your credit report that was: 1) opened at least 6 months ago, and 2) reported to the credit bureau within the past 6 months. These requirements can be met by a single account or by more than one account on your credit report.
What's the best way to check your FICO® score if you're just starting to establish credit?
FICO® Standard allows you to order a single Equifax or TransUnion credit report and FICO® score from myFICO®. If you don't yet have a FICO score, don't worry, there's no charge. Checking your credit report and FICO score as you begin to establish your credit history is the smart thing to do!
Satisfy your curiosity with FICO® Standard!
FICO Standard, myFICO's lowest-cost option, provides you with a credit report and FICO® score from either Equifax or TransUnion – or both – and provides information on what's currently impacting your score, a score simulator to predict how certain changes could impact your score in the future, and helps you fix credit reporting errors. Then, having satisfied your curiosity, you'll be able to intelligently shop for the credit products that best meet your needs.
"My advice, especially to young people is to build and maintain good credit, protect it, and if used correctly it will provide you with a better lifestyle." — Benedict, Spring Valley, CA Read More
With FICO® Standard you get:
Your FICO® score from your choice of Equifax or TransUnion. You'll get a full explanation of your FICO score as well as factors causing your score to be what it is. FICO Standard also provides you with a view of how lenders see your specific FICO score when making lending decisions.
Your credit report from your choice of Equifax or TransUnion. Each credit report contains information on your credit accounts, a listing of those companies accessing your credit file and more. We'll also flag any accounts that are hurting your FICO® score.
The FICO® score simulator which analyzes your personal credit information and can help you understand the impact of any of your future actions such as paying off a credit card or opening a new account.
