how is "90 Days Same as Cash " rated?

Anonymous · ‎06-02-2008

My wife did a 90 days same as cash loan last week for some furniture......

just curious how the the big 3 report this? is this a loan, a line of credit or what?

just curious, as I haven't seen this type of loan talked about.....

marty56 · ‎06-02-2008

My Furniture Row (citi bankl) showed us as revolving. They may not report to the CRA until after the 90 days though.

1/25/2021: FICO 850 EQ 848 TU 847 EX

Anonymous · ‎06-02-2008

It should be revolving-

Make sure you pay it off under 90 days-

This is likely DEFERRED interest-

Re: how is "90 Days Same as Cash " rated?