How much credit do you start of with?

Does the credit bureau start you off with some credit and you build it? 

Or do you start from zero and build it?

4 Answers

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  • 1 month ago

    No and no. You do not start with some and you do not start with zero. You start with "no credit", which is not the same as "zero". After you do enough building in, then they calculate your first credit score, which will not be zero, but is not a specific starting amount, it is based on what you did to build it.

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  • A.J.
    Lv 7
    1 month ago

    You start with NO CREDIT SCORE. No history of credit means nothing to calculate it on. Early scores will vary wildly by each action. Get credit and miss a payment and score crashes. When you have a credit line, percent in use is a factor.

    There are a few ways to build a score. One good way is if a parent has a decent score and pays bills properly, they can add you as an authorized user of their credit card. You don't need to use the card. But the payment history from that point counts in your credit score, allowing you to get your own card when you have a job.

    An automobile loan also is a common start.

    Or, a secured credit card. You deposit $200 into a savings account that cannot be touched and is used as collateral for a credit card. Proper use of the card raises your score and allows you a card with no security getting the money back.

    Rent can go through an agency that reports it as credit for a fee. You often need a cosigner to get the apartment.

    College students can get credit cards often.

    Scores are 300-850 once you have a score.

    Often you can get to 600 to 650 with what I show fairly fast.

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  • Pearl
    Lv 7
    1 month ago

    i would ask the place where youre getting your credit card about it

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  • Anonymous
    1 month ago

    ZERO........................

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