A credit report is considered "thin" when there is not enough credit history to generate a credit score. In order for credit scoring algorithms to generate a score, they need some reported payment history for accounts appearing on your credit file. Although it can vary based on the credit score being used, you should expect to need at least 1 reported account with a 3-6 month payment history. Modern credit scores like the Vantage 3.0 score used on Credit Sesame can score with a little as 3 months of payment history.
Articles in this section
- What types of accounts typically report on my credit report?
- What is a "thin" credit file?
- Why doesn't my account appear on my credit report?
- Why is the balance on my account incorrect on my credit report?
- What is a collection account?
- I don't recognize accounts appearing on my credit report?
- Where can I get my TransUnion credit report?
- What is credit utilization?
- Why is my credit score important?
- How do I remove an account or negative remark that has been paid off or resolved?