okayy Posted February 17, 2005 Report Share Posted February 17, 2005 I've just started rebuilding my credit Jan. 2005. I have obtained a auto loan for 26k and a Visa and Mastercard. I was under the impression my credit score would take a dive, but all 3 of my credit scores have increased per PG. (I'm definitely not complaining)My question is could my fico scores be lower? Link to comment Share on other sites More sharing options...
miracle Posted February 17, 2005 Report Share Posted February 17, 2005 I have noticed that my fico scores are typically higher than Fakos.. but I think it may vary by person.Congrats on your success!! Link to comment Share on other sites More sharing options...
bigdaddyroy Posted February 17, 2005 Report Share Posted February 17, 2005 Congrats on the improved FAKO scores. Link to comment Share on other sites More sharing options...
jq26 Posted February 17, 2005 Report Share Posted February 17, 2005 Maybe it takes a quick dive due to the inquiries, but once they start reporting to the CRAs as OPEN paid on time accounts, I think your score should go up. Mine certainly did! They weren't for large balances like yours but everytime a new credit card started reporting, my score would increase. Link to comment Share on other sites More sharing options...
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