https://ficoforums.myfico.com/t5/SmorgasBoard/Types-of-Lender-equals-Bad-Credit/m-p/2512833#M33838 Yup heard this. If you have credit from of sub prime lenders you could be viewed as higher risk. Mon, 14 Oct 2013 01:58:15 GMT MoreRewards 2013-10-14T01:58:15Z https://ficoforums.myfico.com/t5/SmorgasBoard/Types-of-Lender-equals-Bad-Credit/m-p/2510773#M33816 <P>I was denied a recent loan from my Credit Union. Although all my accounts are current, we were trying to figure out my low score. The Consumer Credit Manager from my Credit Union advised me that the TYPE of LENDER people deal with can lower a credit score, regardless if the account is current or not. For instance, if you have an auto loan from a finance company that most commonly issues sub prime credit loans, that will lower the score.</P><P>&nbsp;</P><P>Has anyone else heard of such an excuse?</P> Sat, 12 Oct 2013 22:56:38 GMT https://ficoforums.myfico.com/t5/SmorgasBoard/Types-of-Lender-equals-Bad-Credit/m-p/2510773#M33816 Anonymous 2013-10-12T22:56:38Z https://ficoforums.myfico.com/t5/SmorgasBoard/Types-of-Lender-equals-Bad-Credit/m-p/2510805#M33817 Yes I have heard before that having a finance company rather than an auto loan on your report looks worse. I've also read that places like Amex won't give you the time of day if you have first premier on your report. I don't know if its true or not. Sat, 12 Oct 2013 23:22:18 GMT https://ficoforums.myfico.com/t5/SmorgasBoard/Types-of-Lender-equals-Bad-Credit/m-p/2510805#M33817 starry1 2013-10-12T23:22:18Z https://ficoforums.myfico.com/t5/SmorgasBoard/Types-of-Lender-equals-Bad-Credit/m-p/2512833#M33838 Yup heard this. If you have credit from of sub prime lenders you could be viewed as higher risk. Mon, 14 Oct 2013 01:58:15 GMT https://ficoforums.myfico.com/t5/SmorgasBoard/Types-of-Lender-equals-Bad-Credit/m-p/2512833#M33838 MoreRewards 2013-10-14T01:58:15Z