New Member
Posts: 2
Registered: ‎08-28-2007

How does FICO scoring model handle "BK/Chg off" account status?

Experian lists 4 of my accounts as status "Bankruptcy/Charge off" on their website and printed copies of my report. When I buy my Experian report here at MyFICO the status is "Debt included or discharged through Bankruptcy Chapter 7, 11 or 12".

My question is... Does the FICO scoring model allow for more than one account status?

The 4 charge offs can't be hurting me too badly, if at all, as Experian is my highest score. My Equifax and Transunion reports have no charge offs on any bankruptcy account.

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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+