A friend of mine has more debt (he's maxed out all his cards and had overlimit fees) and yet his score is still significantly higher because his accounts have been opened for four years now.
I don't think that 695 is accurate. That's the score they gave me with my credit report, but I now believe that that is nowhere near the actual score (the FICO) that they give to lenders. I'm sure it's around 620 like the others...And I'm applying for BU...not a fourth tier school with no employment prospects, so I don't see how that would have a bearing. My only guess is that it's the fact that I'm only 21 and haven't had any accounts for at least 3 years. A friend of mine has more debt (he's maxed out all his cards and had overlimit fees) and yet his score is still significantly higher because his accounts have been opened for four years now.I guess I better start selling some organs and sperm.
My current Experian credit score is 695 (medium risk). I've had no late payments, little to no credit inquiries in the past 3 years (1 more now that I just applied for NA), I have multiple accounts, I've had them for roughly 2-3 years.What should I do? I thought a 695 would be more than sufficient; I gathered that a 650+ score is what lenders were looking for. Anyone else have a similar experience? Anyone with a similar score get APPROVED and have any idea why it didn't go through?Other suggestions for another lender that WILL approve me? This is frustrating.