Credit Card Center Advertiser Disclosure

Regular Contributor
Posts: 109
Registered: ‎10-16-2008
0 Kudos

700 score, but they only look at DQs?

[ Edited ]

I am curious, even though I have a decent score, when I apply for a credit line increase at Bank of America for example, I get declined due to too many deliquincies about five years ago for medical bills.  So I wonder how much your FICO score matters if it keeps going up every month but I get declined for the DQs?  I also searched and found something interesting today:


If this is correct hopefully I can get the collection agenices to wipe the medical collections from my record since I paid them all in full.

Message Edited by FicoPower on 10-16-2008 11:44 PM
Moderator Emerita
Posts: 28,095
Registered: ‎04-01-2007
0 Kudos

Re: 700 score, but they only look at DQs?

First of all, for the medical collections, jump over to the Rebuilding Your Credit board and read the HIPAA/ medical collection thread stickied near the top. Several of our veterans worked out and posted the process, and it works.

Yep, lenders look at FICO scores and at reports. The score alone doesn't tell them what's what. My current EX score of 730 could represent what it does, someone with lates in the past but great history since, with low util, or it could represent someone who was an 830 last week, but a new collection just posted, and they lost 100 points overnight.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

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.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* 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.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on 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.