Why don't I have a credit score?

Credit scoring models cannot generate a score if there are not enough “qualified” credit accounts. Traditional credit scores require at least one active account, reported to the national credit bureaus within the prior six months (qualified credit account). If you do not have qualified credit accounts that are being reported to the national credit bureaus, or if you have a file at the bureaus with old or inactive accounts (commonly called a “thin” credit file), you may not have a credit score.

However, if you pay monthly or regular bills such as phone, internet and utilities, you have what is called “Alternative Credit” and could have a “Credit Score” by allowing eCredable to report this information to participating NCRAs on your behalf.