Outdated Credit-Scoring System Can

Discussion in 'Credit Talk' started by kustomkat, Mar 7, 2002.

  1. kustomkat

    kustomkat Well-Known Member

  2. spiderman

    spiderman Well-Known Member

    interesting. Thanks for the link. I find one item of particular interest:

    "penalize applicants for such things as having "finance company" loans on their credit histories"

    My wife's myfico score says "too many finance company accounts". Actually, she only had one, but they change account number for whatever reason (no lates, perfect, they keep calling to give her more money), so it showed up as two, current in dispute.

    Does this mean myfico.com is using the old scoring system?
     
  3. Illini

    Illini Well-Known Member

    Thanks for posting. Some good info.
     

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