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Harleygirl
Posts: 1
Registered: ‎07-25-2007

Fico score - R5 rating

How badly does a R5 rating affect your fico score?
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Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: Fico score - R5 rating

VERY! R5 = 120 days late.

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.

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