Can someone tell me whether or not a high FICO, let's say 680-720, with 2 negs. still reporting mean a denial for credit? I'm wondering if the score has any real value if you still have negs. reporting. Calmest_LA
My TU has my BK (1992) and and an IRS tax lien (1997). I have not been turned down for the items that I applied for last year. Nextel (wireless service), Spiegal (waste of time) and BMW Card (Platinum card). My TU in 2002 was 690. I have not idea what my score was in 2001. KK
It all depends on the creditor and what their lending requirements are. Some might say, for example, >= 670, regardless of what's on there, while another might say ANY derog is cause for denial, no matter what your score it. Every one is different.
