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FICO factor: Too many consumer finance company accounts

Consumer finance company accounts affect the FICO score, but credit reports do not identify them.

| By Greg Fisher

From: Greg Fisher
Sent: Thursday, July 30, 2009 12:46 PM
To: ConsumerHelp@FederalReserve.gov
Subject: credit score, finance company accounts, Federal Reserve

You wrote, "However, too many finance company accounts or credit cards might hurt your score."

What is the notation on a credit report that indicates that an account is a finance company account?