08-07-2008 05:53 PM
08-07-2008 06:09 PM
08-07-2008 06:16 PM
08-07-2008 06:44 PM
Yes! CFL and non-CFL installments are coded one way or the other. An unsecured loan with CITI bank will not be coded as a CFL, while an unsecured loan with CITIbank Financial will.
Now that I look, it was the #4 factor, so I guess it is more marginal. Do you know whether any unsecured installment loan is considered by FICO (any of the bureau scores...not just Equifax) as a CF account?
08-07-2008 07:40 PM
08-09-2008 10:49 AM
08-09-2008 12:17 PM
08-09-2008 06:11 PM
08-11-2008 07:39 AM
08-11-2008 11:02 AM
True, very true unless your FICOs are 800+
From what I can see, it's almost good to get the "too many CFL's" comment. It generally means that the scoring formula is running out of real issues to carp about.
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