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Moderator Emeritus
fused
Posts: 16,158
Registered: ‎03-12-2007

Re: What's hurting your FICO score... you have a consumer finance account on your credit report.

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‎08-07-2007 12:19 PM


HappyDays wrote:
Im sorry but what is a CLF??  and why would it show neg for 10 years?


Message Edited by HappyDays on 08-07-2007 12:17 PM
Consumer Finance Loan (subprime). It's not derogatory. In fact, having them on your reports is less significant than too many inqs.
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Moderator Emeritus
HappyDays
Posts: 7,326
Registered: ‎06-18-2007

Re: What's hurting your FICO score... you have a consumer finance account on your credit report.

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‎08-07-2007 12:31 PM

Ty. I always thought a loan was a loan & didn't make a difference in score as long as no derog.
I know CC counts more on scores.
 
 
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