topic Re: Finally, I Got the Lowest FAKO Score with Credit One in General Credit Topics

Finally, I Got the Lowest FAKO Score with Credit One

atd1970 — Wed, 03 Dec 2014 19:30:57 GMT

Hey Folks,

This is cool. When I first signed-up with Credit One, the Ex Fako was 555. I used my card, paid my bill. The score jumped to 605.

Then, I started getting other cards. The score slowlery dropped. Each time I got a card with a "prime" lender, the score dropped more.

So, today, my Credit One score is 401 (400-900). Yet I have Chase, Citi, Barclay, CU, GERB etc.

How low can you go?

Re: Finally, I Got the Lowest FAKO Score with Credit One

Anonymous — Wed, 03 Dec 2014 19:32:43 GMT

@atd1970 wrote:
Hey Folks,

This is cool. When I first signed-up with Credit One, the Ex Fako was 555. I used my card, paid my bill. The score jumped to 605.

Then, I started getting other cards. The score slowlery dropped. Each time I got a card with a "prime" lender, the score dropped more.

So, today, my Credit One score is 401 (400-900). Yet I have Chase, Citi, Barclay, CU, GERB etc.

How low can you go?

1 more lower to 400. That is pretty funny that they are doing that

Re: Finally, I Got the Lowest FAKO Score with Credit One

CreditCuriosity — Wed, 03 Dec 2014 19:35:13 GMT

That is strange I keep going up, but have been getting more prime cards... at 720 on the fako score currently.. hmm

Re: Finally, I Got the Lowest FAKO Score with Credit One

atd1970 — Wed, 03 Dec 2014 19:48:06 GMT

My TU is 720, EX 695, EF 710

Re: Finally, I Got the Lowest FAKO Score with Credit One

Anonymous — Wed, 03 Dec 2014 20:09:59 GMT

Congrats! One more point until you've reached perfection. We should have an award for that.

Re: Finally, I Got the Lowest FAKO Score with Credit One

Anonymous — Thu, 04 Dec 2014 00:19:04 GMT

@atd1970 wrote:
Hey Folks,

This is cool. When I first signed-up with Credit One, the Ex Fako was 555. I used my card, paid my bill. The score jumped to 605.

Then, I started getting other cards. The score slowlery dropped. Each time I got a card with a "prime" lender, the score dropped more.

So, today, my Credit One score is 401 (400-900). Yet I have Chase, Citi, Barclay, CU, GERB etc.

How low can you go?

When you reach 400 they will CLD you to $100 CL and up the AF to $200 with 99% APR.

Re: Finally, I Got the Lowest FAKO Score with Credit One

14Fiesta — Thu, 04 Dec 2014 05:25:10 GMT

@Anonymous wrote:
@atd1970 wrote:
Hey Folks,

This is cool. When I first signed-up with Credit One, the Ex Fako was 555. I used my card, paid my bill. The score jumped to 605.

Then, I started getting other cards. The score slowlery dropped. Each time I got a card with a "prime" lender, the score dropped more.

So, today, my Credit One score is 401 (400-900). Yet I have Chase, Citi, Barclay, CU, GERB etc.

How low can you go?
When you reach 400 they will CLD you to $100 CL and up the AF to $200 with 99% APR.

Charge the fee at once then charge you an over the limit fee and interest on the annual fee and over the limit fee and when you go to pay it if you want to pay in full there is a 30% of your balance online convenience fee....

Re: Finally, I Got the Lowest FAKO Score with Credit One

NRB525 — Thu, 04 Dec 2014 05:28:42 GMT

@14Fiesta wrote:
@Anonymous wrote:
@atd1970 wrote:
Hey Folks,

This is cool. When I first signed-up with Credit One, the Ex Fako was 555. I used my card, paid my bill. The score jumped to 605.

Then, I started getting other cards. The score slowlery dropped. Each time I got a card with a "prime" lender, the score dropped more.

So, today, my Credit One score is 401 (400-900). Yet I have Chase, Citi, Barclay, CU, GERB etc.

How low can you go?
When you reach 400 they will CLD you to $100 CL and up the AF to $200 with 99% APR.
Charge the fee at once then charge you an over the limit fee and interest on the annual fee and over the limit fee and when you go to pay it if you want to pay in full there is a 30% of your balance online convenience fee....

That would be fine. You get a 1% reward point for every dollar right?

Re: Finally, I Got the Lowest FAKO Score with Credit One

Anonymous — Thu, 04 Dec 2014 05:31:21 GMT

@NRB525 wrote:
@14Fiesta wrote:
@Anonymous wrote:
@atd1970 wrote:
Hey Folks,

This is cool. When I first signed-up with Credit One, the Ex Fako was 555. I used my card, paid my bill. The score jumped to 605.

Then, I started getting other cards. The score slowlery dropped. Each time I got a card with a "prime" lender, the score dropped more.

So, today, my Credit One score is 401 (400-900). Yet I have Chase, Citi, Barclay, CU, GERB etc.

How low can you go?
When you reach 400 they will CLD you to $100 CL and up the AF to $200 with 99% APR.
Charge the fee at once then charge you an over the limit fee and interest on the annual fee and over the limit fee and when you go to pay it if you want to pay in full there is a 30% of your balance online convenience fee....
That would be fine. You get a 1% reward point for every dollar right?

Not for fees.

Re: Finally, I Got the Lowest FAKO Score with Credit One

Anonymous — Thu, 04 Dec 2014 14:45:02 GMT

@14Fiesta wrote:
@Anonymous wrote:
When you reach 400 they will CLD you to $100 CL and up the AF to $200 with 99% APR.
Charge the fee at once then charge you an over the limit fee and interest on the annual fee and over the limit fee and when you go to pay it if you want to pay in full there is a 30% of your balance online convenience fee....

Not to forget that interest will by compounded and added to principal every second, with no grace period whatsoever.

Re: Finally, I Got the Lowest FAKO Score with Credit One

Anonymous — Thu, 04 Dec 2014 15:52:51 GMT

Re: Finally, I Got the Lowest FAKO Score with Credit One

CreditUnionFan — Fri, 05 Dec 2014 01:33:26 GMT

@atd1970 wrote:
Hey Folks,

This is cool. When I first signed-up with Credit One, the Ex Fako was 555. I used my card, paid my bill. The score jumped to 605.

Then, I started getting other cards. The score slowlery dropped. Each time I got a card with a "prime" lender, the score dropped more.

So, today, my Credit One score is 401 (400-900). Yet I have Chase, Citi, Barclay, CU, GERB etc.

How low can you go?

You have a FAKO... on Credit Sesame my FAKO has been N/A (as in not applicable, complete with the message that I don't have a score) for virtually forever.

Re: Finally, I Got the Lowest FAKO Score with Credit One

juggalo9er — Fri, 05 Dec 2014 02:11:45 GMT

credit one is telling you that your score is not right for them! cancel them now!

Re: Finally, I Got the Lowest FAKO Score with Credit One

CreditCuriosity — Fri, 05 Dec 2014 02:48:35 GMT

I need to send an email to a few friends of mine that are still programmers at credit one and find out why this might be happening... Without personal information of you, but making them aware, honestly this doesn't make any sense. Yes you are beyond credit one, but the correlation doesn't compute and most likely is a bug in the software as it isn't a true FICO as we all know, but does work with experian. Anyways, might shoot out an email tomorrow..

As Credit One is a big sub-prime lender, there are probably 30 at most IT people there and I know the majority of programers still. Only about 15 of those 30 are programmers of some fashion. Other are network Ops, etc.

Re: Finally, I Got the Lowest FAKO Score with Credit One

Anonymous — Sun, 07 Dec 2014 05:15:13 GMT

@juggalo9er wrote:
credit one is telling you that your score is not right for them! cancel them now!

This.

Re: Finally, I Got the Lowest FAKO Score with Credit One

TURNERHOOVER — Mon, 08 Dec 2014 03:13:47 GMT

@atd1970 wrote:
Hey Folks,

This is cool. When I first signed-up with Credit One, the Ex Fako was 555. I used my card, paid my bill. The score jumped to 605.

Then, I started getting other cards. The score slowlery dropped. Each time I got a card with a "prime" lender, the score dropped more.

So, today, my Credit One score is 401 (400-900). Yet I have Chase, Citi, Barclay, CU, GERB etc.

How low can you go?

Welcome to the club. Credit one has my score at 550 when my lowest fico score is experian at 656.

Re: Finally, I Got the Lowest FAKO Score with Credit One

Involver — Tue, 09 Dec 2014 11:07:15 GMT

Why do you still have the Credit One account?

Re: Finally, I Got the Lowest FAKO Score with Credit One

Anonymous — Thu, 11 Dec 2014 19:48:45 GMT

@Involver wrote:
Why do you still have the Credit One account?

I was wondering the same. Once you get a Prime card, subprime cards shoudl be closed.