Reply
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Collection from 3 years ago suddenly appears with different lender :(

Cool. Keep us updated and good luck!
Valued Member
premierjg
Posts: 44
Registered: ‎03-13-2007
0

Re: Collection from 3 years ago suddenly appears with different lender :(

Do I need to be concerned about the large drop in FAKO score?  How does that affect me?
Moderator Emeritus
Timothy
Posts: 9,252
Registered: ‎03-19-2007
0

Re: Collection from 3 years ago suddenly appears with different lender :(

[ Edited ]
You don't - it is just that a FAKO (Fake-o)

premierjg wrote:
Do I need to be concerned about the large drop in FAKO score?  How does that affect me?





Message Edited by Timothy on 06-23-2007 09:01 PM
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Collection from 3 years ago suddenly appears with different lender :(

FAKO or not... if it fluctuated there probably was something that changed on your reports.
Valued Member
premierjg
Posts: 44
Registered: ‎03-13-2007
0

Re: Collection from 3 years ago suddenly appears with different lender :(

I have been trying to figure out how this collection suddenly came back on my CR.  The original creditor for this collection is MBNA.  I recently applied and was outright denied for a BofA CC because of a previous default with BofA.  Now I find out that MBNA and BofA are pretty much the same company.  How stupid do I feel for applying for that card?
 
Does this mean I am banned from BofA forever?
New Contributor
DionLawOffice
Posts: 60
Registered: ‎03-15-2007
0

Re: Collection from 3 years ago suddenly appears with different lender :(

BofA bought MBNA a little while ago.

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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}