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Theres been rumblings that SoFi is considered a Consumer Finance company which would classify it as a CFA according to FICO and result in a ding on your CRs for 10 years.
Considering they recently came out with the Elite MasterCard with 2% CB issued by the Bank of Missouri I was wondering if that would fall under CFA?
Can anyone confirm if SoFi and or their CC is tagged CFA?
@Anonymous wrote:Theres been rumblings that SoFi is considered a Consumer Finance company which would classify it as a CFA according to FICO and result in a ding on your CRs for 10 years.
Considering they recently came out with the Elite MasterCard with 2% CB issued by the Bank of Missouri I was wondering if that would fall under CFA?
Can anyone confirm if SoFi and or their CC is tagged CFA?
Their PLs have been known to trigger the negative [CFA] reason codes, but not their Credit Card.