Credit Report & Scores » Score Advice » Does everyone start out with the same credit score?

Does everyone start out with the same credit score?

In essence, we all start out with no score at all (not zero). You don’t start with a perfect score and go down or start with zero and go up.

Credit scores are not fluid; we don’t have a credit score that’s sitting out there going up or down. A credit score is only calculated at the moment that it’s requested by either a lender or by you.

When you apply for credit the lender will request your report and may ask that a score be calculated for them. The lender might also calculate a score using its own proprietary scoring system. When another lender accesses your report and requests a score, a new credit report will be compiled and a new score will be calculated using the scoring system that lender chooses.

A credit score reflects the information in the credit report at the instant the report was requested. Because information in a credit report is being updated continuously, if a report is requested 10 minutes later, a new score will be calculated using the information in the report at that moment.

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Scoped on: 07/19/2016

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