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?
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.