Seasoning

Seasoning — the time dimension of creditworthiness: months of healthy average daily balance in your primary bank (lenders want 6–12), age of credit accounts, consecutive years of filed ITRs (mortgage desks want 2). Nothing substitutes for it, which is why lesson 3.2’s bankability plan is 24 months long and why the level’s advice is brutal and simple: start the clocks now, because every month unstarted is a month added to the far end.

First used in: 3.2 · The PH credit machine