06-09-2013 07:13 PM
06-09-2013 07:16 PM
Ok...I closed my Credit One account last month but still have access to my account data. Checked today just to see if on-line account had been closed yet and it hadn't. What I was most suprised by was my credit score. My May 2013 score was at 680 and my June 2013 score is at 753. From what I've read this score is a FICO score I'm just not sure which one. Trust me I'm not complaining just confused.
In last month the following has occurred:
Closed Credit One account
Closed Target Account
Utilization was at 5% now at 1%
4 App's all approved FNBO AMEX, 2 Chase CC's and an AMEX PRG(even though I don't think the AMEX Inq has hit CR's yet)
No bads fell off because I didn't have any. Any thoughts?
Something significant happened your not seeing.
06-09-2013 07:20 PM
06-09-2013 07:25 PM
Even FICO knows Credit One is bad, thus the increased!
06-09-2013 08:19 PM
I don't think the Credit One score is a true FICO score. My wife has a Credit One card and I can't find where it claims to be a FICO. Just says credit score.
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