"Consumer Finance account"

LS2982 · ‎04-05-2013

I know this should be in rebuilding but i know more people will respond here.

Just got a SW alert that my EQ FICO gained 7 points from 661 to 668 (Gardening rocks! )

Went through my report and found no real difference then Chase reporting a higher balance and where it says "Understanding your report" On the scale i had a real skinny red bar that was nver there before saying

4. Consumer finance account

What oes that mean???

EQ FICO 548 3/3/16

myjourney · ‎04-05-2013

Bump

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

HiLine · ‎04-06-2013

Uusually means you have a "sub-prime" card.

---> HiLine's personal finance blog - Follow my journey!

unusuallyconfused · ‎04-06-2013

You will find more than enough answers on this - and probably hours of reading - here:

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/HOW-TO-ID-A-CONSUMER-FINANCE-ACCOUNT/td-p...

USAA Rewards VISA (7,500 - 03/2013) / DiscoverIT (6500 - 03/2013) / Cap One Platinum MC (2750 - 03/2013) / Credit One Platinum VISA (750 - 03/2013) / First Premier Bank MC (300 - 02/2013) / FingerHut/WEBBANK (5200.00 - 02/2013) / Victoria's Secret/Comenity (1500 - 03/2013) / PayPal Smart Connect/GECRB (2900 - 03/2013) / Lowe's/GECRB (2800 - 03/2013) / Amazon.com/GECRB (4500 - 03/2013) / Chevron Texaco/GECRB (1950 - 03/2013) / J.C. Penney/GECRB (2150 - 02/2013) / Target (750 - 07/2013) / Abercrombie & Fitch/Comenity (1850 - 07/2013) / CareCredit/GECRB (4500 - 08/2013) / DCU Visa (2000 - 11/2013) / NFCU Sig cashRewards Visa (7000 - 11/2013) - MilitaryStar/Chase (4700 /12/2013)

LS2982 · ‎04-06-2013

@unusually confused TY!

EQ FICO 548 3/3/16

steffiejoe · ‎04-09-2013

This was on my report when I had an account at Conn's appliance store. Not sure if you are in Texas but thats where this store is located. I had purchased a dryer and received 90 days same as cash. This account dropped off and this message went away.

Your credit score
849
Source: Equifax Date: April 29, 2015