04-19-2011 01:43 PM
he opened the acct 12/07. The first 30day past due was 6/09. Account was charged off 12/09..SOL for arizona is 6 years I believe
04-19-2011 01:50 PM
I think what Shogun was trying to tell you is that because that score you got from Experian is not a true Experian FICO score you don't really know if his score is decent or not. Non-FICO scores can often be much higher or lower than a FICO score.
From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
04-19-2011 01:50 PM
I'm so confused about something. My husband's credit score is so decent (681) for having a 10k charge off from an auto loan. There was a second auto loan that he stopped paying in 2008, yet that one says it was satisfactorily closed, he NEVER settled or did anything with that account, he just simply stopped paying. What the heck? Its been 2 years since anything has been reported on that 2nd loan.
back to the first loan, how can my husband's credit be a 681 with a 10k$ charge off that's only 1.5 years old??
It's hard to say. Is there any other negative things on his CR?
Could you post a screen shot of the 2 TLs. Leave out personal information.
04-19-2011 01:53 PM
Exactly Marinevet.. Thanks!!!!!
04-19-2011 02:02 PM
These are not reporting as auto loans, they are reporting as revolving credit, like a credit card.
There are no CAs reporting for the CO?
I can't say what is going on but I don't think I would rock the boat by asking.
It could turn out much, much worse.
04-19-2011 02:04 PM
Yeah they were motorcycle loans, I'm not sure why they're showing as charge accts.
and I dont understand all the abbreviation lingo here so I'm not sure what else you were saying, lol
04-19-2011 02:06 PM
Have you pulled your free annual credit reports? They may contain different information as that posted here, also just because it says one thing on one CRA doesn't mean it says it on all. I would pull your free reports and see what's officially on your reports.
04-19-2011 02:07 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.