Moguls

3 Contributions 1 People Helped

Member Since: January 2012

Most Helpful Contribution

What Is VantageScore 3.0?

Apr 23, 2015
Helpful to 1 out of 1 people

It's no wonder 6 out of 10 major banks use this. Everyone's scores went down utilizing this system, so the banks can charge those people higher interest rates. There is nothing more predictive about Vantagescore, it's just another coffer implemented by the same institutions that reap any benefit.

Activity (3 Total Contributions)

What Is VantageScore 3.0?

Apr 23, 2015
Helpful to 1 out of 1 people

It's no wonder 6 out of 10 major banks use this. Everyone's scores went down utilizing this system, so the banks can charge those people higher interest rates. There is nothing more predictive about Vantagescore, it's just another coffer implemented by the same institutions that reap any benefit.

Will a bankruptcy come off automatically?

Feb 01, 2017

Enter Your ReplyFederal Fair Credit Reporting Act dictates that a chapter 7 reamain on your credit report for 10 years from the FILING date. Not the discharge date.

Will a bankruptcy come off automatically?

Feb 01, 2017

According to the federal Fair Credit Reporting Act chapter 7 bk can be reported for 10 years from the filing date, not the discharge date.