Moderator Emeritus
Posts: 16,385
Registered: ‎03-12-2007
Re: Consumer Finance Companies
I guess I just do not get it, or rather I am having trouble accepting it!Smiley Sad  According to what you said earlier, Tuscani, FICO can distinguish between prime and subprime installment loans.  Since they are not doing the same with prime and subprime cc's, shouldn't they.  Why should FICO punish some who have subprime installments, and not punish some who possess subprime cc's.  This is not to say I want FICO to punish everyone who has subprime accounts of any kind but the playing field is really tilted.  Is it possible when FICO makes changes in the future, this might be something they look at?
Credit Profile - FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 27 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: TU 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring World Mastercard ~ Chase Freedom Signature Visa ~ CITI Dividend World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa