Total balance: This is the current amount owed over all lines of credit.An inquiry number of 6 or more is considered poor, but this factor doesn’t have a huge impact on your score. These are often called “hard pulls,” and they happen when you open a new credit card or apply for a loan. Hard inquiries: This is the number of requests that have been made to see your credit history in the previous 2 years.Generally, a ratio under 30% is considered good. You want a low number here - it shows creditors that you don’t max out your available credit. Credit usage (or credit utilization ratio): This is the percent of your current credit limit that you are using.I f you close your oldest account, your score could be negatively impacted. Age of oldest account: It’s good to show that you have been responsible with credit for a long time, so your oldest account’s age is important.Late payments (or payment history): Late payments are usually reported if they are more than 30 days past due, and will be visible on your credit report for 7-10 years.Your Chase Credit Journey credit score is based on 6 main criteria: Hot Tip: Using Chase Credit Journey will not affect your credit score. However, if you would like to see the history of your score, click on Over Time to see a graph of the previous 6 months’ activity. Your Chase Credit Journey home page will prominently display your credit score the page view defaults to your current credit score. Click on Free score, updated weekly to access Chase Credit Journey. Then scroll down until you see Your credit score on the left side. To access Chase Credit Journey, you’ll need to log in to your Chase online account. It’s a good idea to check your full report each year even if you are using Chase Credit Journey. You can view your report for free once a year from all 3 credit bureaus. Hot Tip: To view your full detailed credit report, go to. There are different providers, so your score can sometimes vary between the 3 different credit bureaus - that’s totally normal and nothing to worry about. This is different than a FICO score, but it’s just as valid. The score you see on Chase Credit Journey is the VantageScore 3.0 by TransUnion. In this article, here is another way to keep tabs on your score: Chase Credit Journey.Ĭhase Credit Journey is a free tool offered by Chase that allows you to keep track of your credit score and credit report activity. If it’s lower than you would like, then you can work to improve your credit score before you take out a new line of credit. If your score is good, then you’re all set. You can check your credit score for free each year from all 3 credit bureaus ( Experian, TransUnion, and Equifax), but it’s good to know your number outside of those times. One of the most important things to know before opening a credit card or applying for a loan is your credit score.
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