I don't understand credit score -_-.?

Question

okay. so i don't have a credit card yet, and i am trying to apply for college scholarships but i need to know my credit score for some of them? so is it just zero until i get a credit card?

Answer 1

Why not just check to see what the CRA's have listed under your name and SS#

Here is a free site the FTC promotes to get your yearly credit reports free.  No credit card needed.

https://www.annualcreditreport.com/cra/i...

This will give you some idea of what or if you do have a credit report.  You won't however be able to get your credit score unless you want to pay extra.

Here are some more links to free info on fico and credit

http://www.ftc.gov/bcp/edu/pubs/consumer...

Building a better credit report.

http://www.ftc.gov/gettingcredit/

What you need to know about your credit.

http://www.ftc.gov/bcp/conline/pubs/cred...

Credit and your consumer rights.

http://pueblo.gsa.gov/cic_text/money/cre...

All about FICO scoring.

Hope this answers your question.

Answer 2

not nessesarily, but it might be scored insufficient history or you might be a ghost on credit( you have not ran your credit) but get an application, they run your credit for you

Answer 3

Try this one - http://freecreditreport.hotusa.org

I use it to monitor my credit score during last 3 years. It has free intro service.

Answer 4

Basically, yes, if you don't have any credit or haven't borrowed anything in your name.

Which lender is asking you for your credit score?  I've never heard of one requesting it.

Weird.  I myself have filled out a FAFSA and I don't remember providing my credit score.