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Understanding FICO® Scoring

Regular Contributor

Posts: 157

Registered: ‎03-03-2009

Mortgage vs auto Loan

‎01-28-2013 05:51 PM

Which carries more weight in the Fico scoring model a Mortgage or an Auto loan?

Message 1 of 2 (163 Views)

Established Contributor

Posts: 653

Registered: ‎02-11-2012

Re: Mortgage vs auto Loan

‎01-28-2013 06:12 PM

Mortage

Starting scores 01/ 02/2012 EQ 707 TU 733 EXP 735 (FAKO)
Updated scores 05/01/2013 EQ 761 TU 780 EXP 788 (Exp. equivalency)

Remember the Three P's: Pay early in Full, Pay on Time, Patience

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