03-29-2007 08:14 AM
03-29-2007 09:12 AM
03-29-2007 02:26 PM
Jograham wrote:I recently obtained my FICO score from Experian. Negatives are a bankruptcy in 2001, no major credit card account and consumer finance co. loan. We recently refinanced our high int. cf loan with another cf, at a lower int. rate. I did not realize a cf loan would hurt us. All payments since bankruptcy (and most before) have been paid on time. Would it help me to refinance our car with a bank? Also, the fact that everything has been paid on time seems to have no positive effect. I suppose my score won't improve much until the bankruptcy falls off.
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