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Consumer finance account error?

New Contributor

Consumer finance account error?

Just pulled a TU report and Myfico shows under FICO 4 and FICO Auto 4 as me having a "consumer finance account". However, I called TU and they said they see no such account. The only thing I can think is that Myfico is seeing a loan from SoFi (Social Finance Inc.) and erroneously adding that notation?


Any insight?

Message 1 of 2
Established Member

Re: Consumer finance account error?

The personal loans from all the online lenders like Sofi, Lending Club, etc. are considered consumer finance loans.

Amex BCP $35000, Disc IT $30500 ,Cap 1 QS $13600, Cap 1 QS $4300, Orbitz Rewards Visa $12500, Care Credit $12000, Chase Freedom $25000, Home Depot $5000.
Message 2 of 2
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