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FICO reason: Too Many Consumer Finance Company Accounts => Capital Bank?

The last post in this topic was posted 2210 days ago. 

 

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Just got a denial for my DW to CLI her NFCU CC from $22K with total exposure $72K. Letter with denial says her score is 700 and lists the reasons it is not higher as:

  • Serious Delinquency And Public Record Or Collection Filed
  • Number Of Accounts With Delinquency
  • Too Many Consumer Finance Company Accounts
  • Length Of Time Accounts Have Been Established

I'd like to identify the Consumer Finance Company Account(s) on her report.

Looking at her report, my best guess would be that there is only one:

  • Capital Bank

Which was a secured credit card she had back in 2010 right after BK discharge, but I've got one too, but I've not seen that reason listed on my Equifax report as of yet.

I have a July Equifax denial letter from Capital One that lists reasons my score is only 725:

  • Serious delinquency, and derogatory public record or collection filed
  • Number of accounts with delinquency
  • Proportion of balances to credit limits is too high on bank revolving or other revolving accounts
  • Length of time since derogatory public record or collection is too short

Do my reasons have higher priority than Consumer Finance Accounts?

Can anyone confirm that Capital Bank is considered a Consumer Finance Company?

Is the the too many Consumer Finance Accounts only an Equifax FICO thing?

Does the the too many Consumer Finance Accounts only apply to a particular revision of FICO (e.g. FICO-08)?

Anyone know what version NFCU and Capital One use of FICO?

How hard is Capital Bank to dispute off the report, it was closed in 2012 with the change of terms on annual fees?

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I got that reason with my mortgage FICO disclosures a few months ago. Scores were all high 7s.

 

Ignore.

 

I always thought that consumer finance accounts were non-revolving furniture store accounts and similar trade lines, but I don't have any of those.

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