Finally, I Got the Lowest FAKO Score with Credit One

[atd1970]

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?

[Anonymous]

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@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?

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

[CreditCuriosity]

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

[atd1970]

My TU is 720, EX 695, EF 710

[Anonymous]

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

[Anonymous]

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@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?

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

[14Fiesta]

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@Anonymous wrote:

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@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?

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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....

[NRB525]

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@14Fiesta wrote:

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@Anonymous wrote:

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@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....

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

[Anonymous]

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@NRB525 wrote:

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@14Fiesta wrote:

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@Anonymous wrote:

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@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?

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Not for fees.

[Anonymous]

@14Fiesta wrote:

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@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....

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