Consumer finance company loans - myFICO® Forums - 6730724
Jan 7, 2024 · Re: Consumer finance company loans @creditn00bAt40 wrote: I've got a long time to wait before my existing closed payday loans (12 Eq 15 TU 2 EX) age off, and I certainly …
Consumer finance loans - myFICO® Forums - 6124880
Sep 3, 2020 · Little frustration today. FICO: Consumer finance loans are bad, score decrease! ***pays off consumer finance loan*** FICO: loan paid off, score decrease! Long story short, …
What are consumer finance accounts? - myFICO® Forums - 1260983
Mar 3, 2012 · "Consumer Finance Accounts" according to FICO, and probably other scoring systems, are NOT the normal CC, Auto Loans, etc. Example would be a furniture store might …
Do Consumer Finance Accounts ever drop off your credit report
Consumer finance companies typically grant loans to people with poor credit histories. Their customers often cannot get loans from traditional lending companies such as banks or credit …
Can I fix "too many consumer finance company accounts"
Apr 18, 2016 · I was surprised one of the key factors adversely affecting my score was "too many consumer finance company accounts". The accounts that I have that apparently falls under …
What are consumer finance accounts? - Page 2 - myFICO® Forums
Nov 26, 2012 · Consumer finance companies typically grant loans to people with poor credit histories. Their customers often cannot get loans from traditional lending companies such as …
You have a consumer finance account on your credit report
May 2, 2015 · The presence of a consumer finance company loan on a credit report generally represents a higher risk to lenders compared to having no consumer finance company loans …
Score Factors: Reason Statements with Explanations
Oct 25, 2020 · Length of time consumer finance company loans have been established. The age of your oldest consumer finance loan and/or the average age of your consumer finance loans …
what exactly is a consumer finance company account?
Apr 16, 2007 · On my Experian report, it says that one of the reasons why my score is the way it is, is because I have a high number of consumer finance company accounts being reported. It …
Consumer Finance Loans and how they impact your score
Feb 25, 2008 · Re: Consumer Finance Loans and how they impact your score Any chance that you could get the same or better deal from a CU or a bank? I had a CFL from Wells Fargo …