11-06-2008 06:41 AM
11-06-2008 07:12 AM
Have you used your card
1. Liquor store
3. For adult entertaiment
4. Cash advance
6. Medical bills
7. Shrink bills
8. Marriage consult
10 Gambling etc,. etc.
11-06-2008 07:27 AM
11-06-2008 07:29 AM
Just to let you know, I only use my AE credit card for small things like coffee and gas and I never carry a balance.
Here is what they told me:
1- balance to credit limit- i have a 19% util
2- High balance on revolving - this is true on one card which i have a 0% balance transfer and it stands at 85% util
3- Too many accts with balances- i have 12 credit cards and i only have balances on 3
4- Too many consumer finance company accts- i have no idea what this is and she could not explain what it is. i only have one loan and that is my mortgage which i am never late and have a 55% util on it.
oh well, why put energy to something you cant control.
11-06-2008 07:40 AM
11-06-2008 07:42 AM
I really would like to know however, what is consumer finance companies? All my accounts are either CC's are a mortgage.
If you do a search for "consumer finance" you should find a lot of info on this
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