To: Saar

Discussion in 'Credit Talk' started by Jim, Mar 6, 2001.

  1. Jim

    Jim Well-Known Member


    You seem to have studied the FICO scoring formula more than many of us.

    Does an "I" status on an installment loan mean it is unrated. I assume an "I1" status means installment loan and never late.

    There is a debate over this on another thread.
  2. Shell

    Shell Guest

    Not Saar, but normally if it is an installment account that is approved not used/or to new to rate it appears as an "I0", just a plain "I" I have never seen in the status area. I have only seen the single "I" listed as whose account. And yes "I1" means paid as agreed installemnt account.
  3. Marie

    Marie Well-Known Member

    The just "I" accounts show up on student loans. They don't want to rate for normally 12 months of payments, course, you'll get it if you're late.
  4. Saar

    Saar Banned

    Seems Shell & Marie did a good job answering on my behalf.


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