07-24-2007 12:40 AM
07-24-2007 06:47 AM
Louis wrote:
Hi, I read in the FICO score forum that a subprime credit card impacts a FICO score differently than a prime credit card. Since one of the big differences between these two types of credit cards is the APR I'm wondering if the APR on a credit card impacts one's FICO score. Does anyone know if it does? (If it did it would seem to create an unfair tautology.) My practical concern is that I just noticed that my APR is around 18% for a credit card that I use daily. Since I pay in full before the end of the grace period, I really have no practical concern about the APR unless it impacts my FICO score. Thanks! -L.
07-24-2007 06:52 AM
07-24-2007 07:17 AM
rbbyrbsn wrote:No, but your Score could afftect your APR
07-24-2007 07:43 AM

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO


