04-15-2007 07:46 PM - edited 04-15-2007 07:46 PM
04-16-2007 05:50 PM
CJSmith241 wrote:On my Experian report, it says that one of the reasons why my score is the way it is, is because I have a high number of consumer finance company accounts being reported. It never said this until a few months ago. I only have three credit cards, a student loan and a car loan from Toyota Financial. Is this what they are talking about? Thanks for your replies.
Message Edited by CJSmith241 on 04-15-2007 07:46 PMToyaota financial is neither a bank or credit card so it may be interpreted as a CF. Though I wouldn't expect that. The reasons change a lot depending on the impact to the score. Usually CF are finance companies like Beneficial or Citifinancial. It may just be showing up now because before there were other factors that weighed more heavily. Do you have any finance company accounts on your reports?
04-16-2007 07:40 PM
04-16-2007 08:52 PM
01-31-2008 05:16 PM
01-31-2008 05:21 PM
02-01-2008 08:03 AM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.