http://blog.credit.com/2015/04/new-fico-score-factors-in-utilities-how-often-you-move-113098/
The date of this article is April 2015, and in the details it specifies: This announcement raises many questions about how the score will be used and how it may affect consumers who already have credit scores. FICO did not immediately respond to requests for comment from Credit.com, but here’s what we know so far....
So far, 10 credit card issuers have used the score, but it’s unclear how many and what kind of creditors will adopt the new FICO score. It may be of interest to many lenders, because it presents the opportunity to grow business and, as a result, make more money.
Consumers have a legal right to access information about them collected by consumer reporting agencies and dispute inaccuracies, but it’s unknown how consumers will be able to do that with the new data. Traditional scores are based on credit reports you can get for free each year. (You can see get your credit scores for free on Credit.com to see how your reports affect your credit standing.)
Perhaps some of the biggest unanswered questions are how many cable, cellphone, electric and gas companies will report this information and whether or not it will impact people who already have scores through traditional models.
In other words, this "new method" is untried, unproven, and may not even prove to be workable...In other words, useless as of 7/23/16. This may change in a year or two, but it may not.
Establish 3 lines of secured credit. 3 lines is generally the minimum what banks, credit unions and finance companies use to determine how creditworthy an individual is. They also want to see at least a year on the same job or 3 years in the same line of work.