Hi All,

Thanks for the information! Much appreciated!

I understand scoring models geared towards mortgages and auto loans, but I can't understand why the credit scoring system has other types of models. Its to bad it can not be more uniformed for consistency. If some models put charge cards (like Amex charge and Diners) in a separate category and some put in the utilization rate. There can be a big difference in ones score.

Also, how are paid collections/charge offs handled. I read that paying these type of accounts can initially hurt your score.