Credit Score rant of the week….
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Ok, like many of you I check my credit report on a Dailey basis. Its addicting I know. On of the negative factors on my report is “length of Credit History”. Which is crazy, I have had credit for by 10 years. That to me seems to be towering ample to see whether I pay my bills on instance. I have colleagues who are in there mid to late 40’s and they additionally suffer from thin file syndrome. Which is another fancy term for lenght of credit history. Ok certain
I had some friends by the other night, they had there frist child a little less than a year ago. I was joking with them that the should start a credit file on the little one. That way possibly, just myabe she will have decent credit history in her lifetime to avoide the dreaded lentgh of credit history…
Ken
Orginal post by Ken
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