Posted by Jon on January 16, 1999 at 22:05:41:
You may think you're safe from the FICO because you have all the
credit you need, but my Visa account (the only one I have,
because I closed the others to preserve my FICO rating) was
closed by the lendor at the expiration date because they didn't
like my current FICO score (who knows WHAT that is). I had this
Gold Visa for several years, had no late payments, and wasnt
close to the limit.
I had problems with this score when I went to purchase my home.
The lendor didnt understand because my credit was perfect.
I'm writing my legislators on this. This is the worst case of
scamming the American public that I've seen.