Credit

Dec 31 2017

Retail cards easy approval – Page 2 – myFICO® Forums #no #credit #loan

#easy approval credit cards # I am going to assume you have a household budget that also includes household items and gas. Those would be the two cards that you would pay in full each month, right? R u a single mom? Since GE is letting you in you might want to eventually try for the TJX (Marshalls, tj maxx, homgoods) card so you can shop for all and only have one monthly payment for clothing and other needed items. Walmart (if nearby) for the other things. One of GE’s gas cards like Chevron for fuel and you prefer not …

Dec 27 2017

Which service to monitor all 3 credit scores – myFICO® Forums #where #to #get #a #credit #report

#credit score monitoring # There’s no definititive right or wrong way to go about it: as you noted, it depends on how much you’re willing to pay for the service. Right now, unless you’re a member of a specific Pennsylvania Credit Union, there’s no effective way to get one’s Experian FICO score without a lender pulling it. The FICO scores cost as much as they do, because apparently the market will bear it. I too am a little disappointed that it’s done that way as I’m confident a pull doesn’t cost that much, but it is what it is. I …

Dec 4 2017

Accounts on credit report are not mine – myFICO® Forums #credit #card #offers #for #fair #credit

#my credit file # Website Navigation: I have a couple accounts that are not mine on my credit report. I did an online dispute to each of the credit bureaus so I guess my question is, will it do any good? The first one is from DirectTV and it looks like it was bought by Riddle A-holes. I remember a couple years ago getting a bill in the mail from DirectTV so I called them up and asked them what the deal was. I lived with my mom and had never even had my own place. Turns out it was …

Dec 3 2017

Anywhere to get free tenant rental history? myFICO® Forums #credit #union

#credit check free online # I think the only time rental stuff gets reported is if you get evicted or they have to go after you for not paying rent. It’s not a standard practice for apartments, or houses, to do regular credit reporting on your monthly rent. I know this bc I am helping my brother with his credit. He has a 2500 collection from an apartment that he was evicted from. I found out on the BK forum that they can only sue him for this for one year. So technically he doesn’t have to pay this and …

Nov 28 2017

Credit Cards for Bad Credit? myFICO® Forums #buying #a #car #with #bad #credit

#credit card bad credit # Website Navigation: Okay so my Fico is 560 according to Experian on here even though it’s 585 on freecreditscore.com which I don’t understand. But that’s becides the point, I still have bad credit either way and am really trying to re-build it and I’m very impatient and only have one open credit card as of now. I’ve sent out several applications for various credit cards and I can’t seem to get approved for anything not even the secured Capital One card! I don’t want to have to throw 300 dollars at a deposit for a …

Nov 25 2017

FICO Auto-Enhanced Scores – myFICO® Forums #tenant #credit #report

#how do you find your credit score # Website Navigation: What is an Auto Enhanced score and how do I leverage it? Most people do not realize there is a difference between your normal FICO score, and the score you are graded on when you apply for auto credit. Your normal credit score is simply referred to as “Classic FICO Score (also referred to as your BEACON score)”. The auto score is usually referred to as your “FICO Auto Industry Option”. This score it not available for you to purchase and only dealers\finance companies are able to pull it. Here …

Nov 20 2017

How to get credit score 750-800 – myFICO® Forums #free #annual #credit #report #no #credit #card

#how do i get a credit score # At this point what you need is time. After you establish a longer credit history with no lates or other baddies, and assuming you manage your util properly, your scores will increase by themselves. While a mortgage will help your scores, they’re not necessary for obtaining a 750-800 score. I’ve never had one and have been at or around 800 for the past several years. It’s completely possible without a mortgage, but it might be easier for some people if they did. +1. While nothing says stability like a mortgage on a …

Nov 16 2017

Rebuilding credit – Apply for Chase Freedom or AmE. myFICO® Forums #credit #report #united

#credit cards for rebuilding credit # Website Navigation: Per another poster’s suggestion in the Rebuilding Credit Forum (where I originally posted this thread), I am also posting it here in hopes I get some more replies. I have learned a lot here over the past few weeks, and I think this website is fantastic. I’ve been working to rebuild my credit for a little over a year now. My EQ score is 709 and TU is 643. I want to apply for a credit card with benefits, such as Chase Freedom or AmEx Blue Cash Rewards, but I’m not sure …

Nov 16 2017

Retail cards easy approval – Page 2 – myFICO® Forums #best #credit

#easy approval credit cards # I am going to assume you have a household budget that also includes household items and gas. Those would be the two cards that you would pay in full each month, right? R u a single mom? Since GE is letting you in you might want to eventually try for the TJX (Marshalls, tj maxx, homgoods) card so you can shop for all and only have one monthly payment for clothing and other needed items. Walmart (if nearby) for the other things. One of GE’s gas cards like Chevron for fuel and you prefer not …

Sep 22 2017

Unable to get credit report? myFICO® Forums #how #to #get #credit #report

#where to get a credit report # Website Navigation: I am a 20 year old that has no credit history. Never had a credit card, loans, and etc. I tried getting my free credit report online, but I was unable to answer to the 5 questions they give me. Those questions were regarding students loans,which did not apply to me since I never had taken out loan before.So I requested my credit report via mail where I sent them my Driver’s license and paystub for proof of my identity. They replied back with a letter saying the proof of identity …

Sep 22 2017

Best and cheapest place to get credit report other. myFICO® Forums #credit #free #report

#best free credit score site # In order to get all 3 FICO scores, it looks like I have to buy the $50 package? I would want to check all 3 scores maybe 3 times/year. The $4.95/month FICO package would give me access to just 1 score, right? You cannot buy all 3 FICOs. Experian will not let you buy your EX FICO. Experian blocked consumer access to your EX FICO 3 years ago, but you can still get it with the help of the lender. Be sure to read the product descriptions carefully. The $50 product is basically a …

Sep 10 2017

Credit Card Account NOT Showing On Credit Report – myFICO® Forums #get #credit #score #for #free

#my credit report # Website Navigation: I really need the help of some FICO experts. I don’t need a house and I don’t need a car. On one hand I don’t care what my FICO is, but on the other hand I fear a sudden drop may trigger creditors to close accounts, lower credit lines, etc. I have a credit card, $50k limit. I have a $22k 2.99% balance-transfer existing balance. They want to raise the payment from 2% ($440) to 5% ($1100). That’s quite a hike. Yes, I can close the account and retain the present terms. But, I …

Aug 28 2017

Which is a better starter card? HSBC OR Orchard – myFICO® Forums #what #is #the #best #credit #card

#starter credit cards # I loved HSBC’s Orchard card for rebuilding. The only thing that stands out in my mind is that if you receive an Orchard first, they will not open a second card for you for (- mmmm, I think – 9 months). If you open the HSBC card first, some folks posted that they were able to get a second card without waiting the full (- mmm, I think – 9 months). There were some posts about this about a year or so ago. I did run into this when I had the Orchard, and was on …

Aug 27 2017

Which credit report does Best Buy pull for its sto. myFICO® Forums #carbon #credit

#which credit report is best # For the HSBC-issued Best Buy store card, they pulled EQ for me in KY back in June. I suggest app in-store. I got the dreaded Tier B $800 limit when I app’d online in October of 2009. Fast forward to June 2010, App’d in-store with $1500 computer in-hand (they enter the purchase price on the app) and got Tier A with $3600 limit. No extreme score improvement from 1st app to 2nd app (667 to 675). eta: I saw the new Chase-issued card on the reward zone website. I have no experiece with this …

Aug 23 2017

Is real or a scam? myFICO® Forums #sunoco #credit #card

#credit.com free credit score # Ditto regarding what the others wrote: I know for a fact that credit.com is NOT a scam. Regarding the security questions? It’s possible you’ve got some information being culled from public records that are not correct about you. In other words, credit.com is trying to verify that it’s you but asking you questions that only you should know the answer to. To do that, they will ask questions like do you know such and such a person, have you ever owned one of these cars, how much was your mortgage payment with so and so, …

Aug 22 2017

What is easiest Chase visa to qualify for? myFICO® Forums #personal #credit #report

#major credit cards # Would that be a Amazon visa or something different? P.S. My sister just got a amazon visa approved today with a 580 score, and she has one unpaid collection on her credit. **bleep**? How is she able to get approved for a premium major credit card and I can’t? My score is a 705 FICO, and that is after apping for a credit card(denied) and getting approved for a $30K car lease.I know my unpaid 6.5 year old collection($800 cell phone company) is hurting me,and that collection was bought by a different collection company which in …

Aug 22 2017

Use ITIN in place of SSN when applying online? myFICO® Forums #first #credit #card

#applying for credit card # Website Navigation: This might be an exotic topic but I’d like to bring it up because you guys here are so knowledgable and always willing to help To be straightforward, I’m planning to apply for CapitalOne QS and Discover IT (both accept ITIN application) with my ITIN since I don’t have a SSN. I called Discover, a rep told me that I can just key-in my ITIN in place of SSN to apply online. But later on, thru their online web chat, another rep told me that I need to call to apply if I …

Aug 21 2017

Mortgage with bad credit – myFICO® Forums #get #your #credit #score #free

#mortgage bad credit # Website Navigation: I have a unique situation I guess you could say. I bought my 1st home 10 years ago and paid it off in 2008. My plan was actually to live here 3-5 years and sell it to build a home on the land my family owns or buy a bordering property. But the housing market crashed and now my credit is tied up in nearly $100k in student loans and a few small debts such as medical bills totaling less than $3,000. My credit score is between 520-560 because of this. However, a property …

Aug 12 2017

Best way to get Free Fico Score ONe time, why do t. myFICO® Forums #bealls #credit #card

#credit scores for free # Website Navigation: MV and I are showing our ages. I know this one from a Robert Heinlein 1966 sci-fi novel called The Moon is a Harsh Mistress. The acronym I know is TANSTAAFL, There Ain’t No Such Thing as a Free Lunch. Looks like MV can’t bring himself to say “ain’t”, even as an abbreviation. But anyway, there are no free FICO scores anywhere. They’re a business, just like any other. In addition, the CRA’s charge to generate FICO scores, and they charge more than they do for their bogus home-grown FAKO’s. So yes, FICO’s …

Aug 11 2017

On average which Credit Reporting Agency usually h. myFICO® Forums #credit #report #gov

#three credit score # Website Navigation: Since TU and EQ are the only two scores we can get access to on our own, does anybody know if on average which one of the three usually scores the lowest? I’ve noticed that TU has much more detail on my report so I was just wondering if TU would usually be the one. Thanks! There is no universal rule. According to various whitepapers on Fair Isaac’s site, their statisticians work hard to ensure that all versions of their scoring algorith have the same distribution of scores; this is extremely important to lenders …

Aug 10 2017

Credit Scores vs. FICO Score – myFICO® Forums #credit #report #information

#my credit rating # Website Navigation: I need help understanding the differences as well. So you are saying that usually only Mortgage companies pull an actual FICO score? What about when applying for credit cards, car loans, etc. are these creditors also pulling an actual FICO score, or are they usually pulling whatever score each respective Credit Bureas uses. And do any of the credit bureaus actually use a real FICO score or formula or one that was created by the Fair Issac Company for the Credit Bureau to use, or do all 3 have their own separate, proprietary formula/score …

Aug 2 2017

Beginning credit score – myFICO® Forums #where #can #i #get #a #credit #report

#what is your credit score # Website Navigation: What my three young adult kids found was that once they had six months of credit to their names, if they had taken good care of it (NO LATES! ), their scores were around 680. And this is what is reported by people who are new to the US and have to start their credit histories here from scratch. To have a score, you have to have had a minimum of six months straight of some sort of reporting credit, and it has to have reported within the last six months. So …

Jul 30 2017

Use ITIN in place of SSN when applying online? myFICO® Forums #get #free #credit #report

#applying for credit card # Website Navigation: This might be an exotic topic but I’d like to bring it up because you guys here are so knowledgable and always willing to help To be straightforward, I’m planning to apply for CapitalOne QS and Discover IT (both accept ITIN application) with my ITIN since I don’t have a SSN. I called Discover, a rep told me that I can just key-in my ITIN in place of SSN to apply online. But later on, thru their online web chat, another rep told me that I need to call to apply if I …

Jul 28 2017

How do i get Big Limit credit card – myFICO® Forums #annual #credit #report

#how do i get a credit card with no credit # Re: How do i get Big Limit credit card king82 wrote: My scores are 632,661,644. I have like 10-12 CC’s and most of them have $500 credit limit and 1-2 have $1000 credit limit. The highest i ever had was a $4000 limit credit card and i would like to get one like this right now. I have paid pretty much everything so my score should go up in a month. Current utilization around 5% ( 430/7600) Can someone tell me how to get a Big limit CC or …

Jul 23 2017

Best credit card for 18 yr old with no credit hist. Page 2 – myFICO® Forums #credit #card #charges

#credit cards for no credit # I second a few posts and have a few tips of my own: become an authorized user, explain you don’t want the card, only to boost your score. My bro got a 5000 cl chase card by being my AU. wait 30-60 days for your score to boost try to get an amex open asap, the backdating they do when you open new accounts will help a lot later on, especially if you can add an account that covers the entire length of your history. i recommend s Zync, easiest to get approved and …

Jul 22 2017

Credit Card Account NOT Showing On Credit Report – myFICO® Forums #credit #cards #for #people #with #poor #credit

#my credit report # Website Navigation: I really need the help of some FICO experts. I don’t need a house and I don’t need a car. On one hand I don’t care what my FICO is, but on the other hand I fear a sudden drop may trigger creditors to close accounts, lower credit lines, etc. I have a credit card, $50k limit. I have a $22k 2.99% balance-transfer existing balance. They want to raise the payment from 2% ($440) to 5% ($1100). That’s quite a hike. Yes, I can close the account and retain the present terms. But, I …

Jul 11 2017

How to get from a 640 to 720 ASAP – myFICO® Forums #capital #1 #credit #card

#get my credit score # Thanks for the prompt replies guys. Couple things: Not sure what “baddies” are. I had several collection accounts that were maybe 5-7 years old that I’ve since paid, although most were settled for less than the full balance. My last late payment was more than 6 years ago, so recently I’ve taken great care of my credit. My currently open trade lines include 2 secured credit cards, one with a $200 limit and another with $1000. I don’t think either report to all 3 bureaus. I just recently got a legit credit card with a …

Jul 9 2017

Which credit report does Best Buy pull for its sto. myFICO® Forums #credit #report #information

#which credit report is best # For the HSBC-issued Best Buy store card, they pulled EQ for me in KY back in June. I suggest app in-store. I got the dreaded Tier B $800 limit when I app’d online in October of 2009. Fast forward to June 2010, App’d in-store with $1500 computer in-hand (they enter the purchase price on the app) and got Tier A with $3600 limit. No extreme score improvement from 1st app to 2nd app (667 to 675). eta: I saw the new Chase-issued card on the reward zone website. I have no experiece with this …

Jun 14 2017

Accounts on credit report are not mine – myFICO® Forums #easy #credit #card

#my credit file # Website Navigation: I have a couple accounts that are not mine on my credit report. I did an online dispute to each of the credit bureaus so I guess my question is, will it do any good? The first one is from DirectTV and it looks like it was bought by Riddle A-holes. I remember a couple years ago getting a bill in the mail from DirectTV so I called them up and asked them what the deal was. I lived with my mom and had never even had my own place. Turns out it was …

Jun 11 2017

Credit Builder Information. myFICO® Forums #credit #check #canada

#credit builder # Website Navigation: I have received numerous requests about information about the Credit Builder accounts offered by M I/BMO bank, Unfortunately M I is only out of 6 states (Arizona,Florida,Milwaukee,Wisconsin, Indiana and Florida) fortunately several of you have sent me information about the credit builder that is offered by other banks, Credit Unions and websites that provide additional information about the Credit Builder. To recap: You borrow an amount between $1000 and $5000 that is saved in your name in and interest earning Certificate of Deposit. You select the desired length of time to repay the loan with …

May 17 2017

About myFICO – Consumer Credit Score and Credit Report Provider #easy #credit

#consumer credit report # About myFICO myFICO is the consumer division of Fair Isaac, the company that invented the FICO credit risk score that lenders use. Starting in the 1960s, Fair Isaac sparked a revolution by pioneering credit risk scoring for the financial services industry. This new approach to lending enabled financial institutions to improve their business performance and expand consumers access to credit. Today Fair Isaac s FICO Score is widely recognized as the industry standard for lenders. myFICO offers informative credit-information products that help people understand actions they can take to achieve and protect their overall financial health. …

May 17 2017

Auto Credit and Scoring – myFICO® Forums #three #credit #scores #free

#how to find credit score # Website Navigation: What is an Auto Enhanced score and how do I leverage it? Most people do not realize there is a difference between your normal FICO score, and the score you are graded on when you apply for auto credit. Your normal credit score is simply referred to as “Classic FICO Score (also referred to as your BEACON score)”. The auto score is usually referred to as your “FICO Auto Industry Option”. This score it not available for you to purchase and only dealers\finance companies are able to pull it. Here are the …

May 15 2017

How accurate is – myFICO® Forums #credit #card #to #rebuild #credit

#credit report scores # Re: how accurate is freecredit report.com ‎01-24-2011 08:41 PM dfitzg wrote: how comparable are the scores on freecreditreport.com to our fico scores. The reports are fine but the scores (and advice given about scores) are useless. They can’t be compared in any way to FICO scores. Re: how accurate is freecredit report.com ‎01-24-2011 09:15 PM I wont single out any specific commericial vendor of credit reports, but they are far, far from being the same. The only thing that is accurate is your credit file . recorded with each CRA. Anyone who sells consumer credit reports …

May 14 2017

Is real or a scam? myFICO® Forums #check #my #credit #score

#credit.com free credit score # Ditto regarding what the others wrote: I know for a fact that credit.com is NOT a scam. Regarding the security questions? It’s possible you’ve got some information being culled from public records that are not correct about you. In other words, credit.com is trying to verify that it’s you but asking you questions that only you should know the answer to. To do that, they will ask questions like do you know such and such a person, have you ever owned one of these cars, how much was your mortgage payment with so and so, …

May 12 2017

Retail cards backed by GE – myFICO® Forums #credit #card #consolidation #loan

#ge credit # Re: Retail cards backed by GE Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO’s responsibility to ensure all posts and/or questions are answered. Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products. IMPORTANT INFORMATION: All FICO Score products made available on myFICO.com …

May 11 2017

Mortgage with bad credit – myFICO® Forums #instant #credit #cards

#mortgage bad credit # Website Navigation: I have a unique situation I guess you could say. I bought my 1st home 10 years ago and paid it off in 2008. My plan was actually to live here 3-5 years and sell it to build a home on the land my family owns or buy a bordering property. But the housing market crashed and now my credit is tied up in nearly $100k in student loans and a few small debts such as medical bills totaling less than $3,000. My credit score is between 520-560 because of this. However, a property …

May 3 2017

Guaranteed Amex Approval? Is this a scam? myFICO® Forums #free #credit #scores #and #reports

#guaranteed credit card approval # Website Navigation: I came accross this ad on Craigs List. What do you think? Looks shady: APPROVAL FOR AN AMEX CARD–REGARDLESS OF BAD CREDIT–READ FOR DETAILS (Midtown West) Date: 2008-10-15, 1:06AM EDT Hi Everyone, if you have bad credit in the form of delinguent accounts, latenesses, or charge offs, I can still guarantee you an American Express card. Please note that if you have bankruptcy or any charge offs with American Express, you will not qualify! This is 100% legitimate and you dont pay unless I get you approved! I am a certified financial planner …

May 2 2017

Dispute on credit report for mortgage – myFICO® Forums #check #credit #score

#dispute credit report # Website Navigation: This is what I was told a few days ago. If the word “dispute” shows up anywhere on the credit report, you will NOT get the clear to close on a loan. Period. You can get approved (I was) but will not get FINAL approval to close. In my case, the CA (who NEVER had the account) decided to report it as a paid collection after the OC was paid. Like several yrs after the OC was paid that this thing showed up on the CR. Initially it was unpaid, disputed -it updated to …

May 1 2017

Credit Cards for Scores less than 525 – myFICO® Forums #credit #monitoring #services

#free credit score no credit card # Re: Credit Cards for Scores less than 525 Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO’s responsibility to ensure all posts and/or questions are answered. Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products. IMPORTANT INFORMATION: All FICO …

Apr 25 2017

Best and cheapest place to get credit report other. myFICO® Forums #best #credit #card #for #no #credit

#best free credit score site # In order to get all 3 FICO scores, it looks like I have to buy the $50 package? I would want to check all 3 scores maybe 3 times/year. The $4.95/month FICO package would give me access to just 1 score, right? You cannot buy all 3 FICOs. Experian will not let you buy your EX FICO. Experian blocked consumer access to your EX FICO 3 years ago, but you can still get it with the help of the lender. Be sure to read the product descriptions carefully. The $50 product is basically a …

Apr 24 2017

Can I See My Credit Report Free Of Charge? myFICO® Forums #free #business #credit #report

#my free credit report # Website Navigation: Yes, the FCRA requires that you be given a FREE copy of your CR from all CRAs once every 12 months. The FTC has some very good, concise info on the subject, and I commend it to you. You can call, write or go online. It is an excellent idea to pull your CR from all 3 CRAs once every 12 months. They even send you an Email reminder that it’s time for your free report. This is the official website established by the Big Three CRAs. It’s mostly easy to use. Do …

Apr 23 2017

Credit Card Account NOT Showing On Credit Report – myFICO® Forums #how #to #get #a #credit #card #with #bad #credit

#my credit report # Website Navigation: I really need the help of some FICO experts. I don’t need a house and I don’t need a car. On one hand I don’t care what my FICO is, but on the other hand I fear a sudden drop may trigger creditors to close accounts, lower credit lines, etc. I have a credit card, $50k limit. I have a $22k 2.99% balance-transfer existing balance. They want to raise the payment from 2% ($440) to 5% ($1100). That’s quite a hike. Yes, I can close the account and retain the present terms. But, I …

Apr 20 2017

Credit Score-Creditkeeper vs Truecredit – myFICO® Forums #credit #score #companies

#credit keeper # Website Navigation: I would slightly disagree with the “scores are irrelevant’ comment, and only because this is true for everything except within the context of the same scoring model over time, which tells you the general direction of your score. They may be ‘FAKO’ scores, but they do serve to give you at least a basic idea of the general direction of your overall credit picture. Other than that, I agree. The scores aren’t themselves used for anything other than to give you a number to digest; they are rarely if ever used by creditors to determine …

Apr 20 2017

Equifax says I have no credit file? myFICO® Forums #credit #experts

#my credit file # Website Navigation: So this is an interesting problem – I’m hoping maybe someone has some insight to it. I was trying to sign up for USAA”s CMS, and it wouldn’t verify the information – so I figured the problem had to be with EQ. I currently have Citi’s service, and it’s been pulling up my EQ report just fine – but according to the report, I have no SSN on file with Equifax. So I called up Equifax, and spoke to a lady there, told her I was showing my report as having no social security …

Apr 19 2017

FICO Auto-Enhanced Scores – myFICO® Forums #best #credit #cards #to #have

#how do you find your credit score # Website Navigation: What is an Auto Enhanced score and how do I leverage it? Most people do not realize there is a difference between your normal FICO score, and the score you are graded on when you apply for auto credit. Your normal credit score is simply referred to as “Classic FICO Score (also referred to as your BEACON score)”. The auto score is usually referred to as your “FICO Auto Industry Option”. This score it not available for you to purchase and only dealers\finance companies are able to pull it. Here …

Apr 13 2017

How to get from a 640 to 720 ASAP – myFICO® Forums #how #to #check #your #credit #rating

#get my credit score # Thanks for the prompt replies guys. Couple things: Not sure what “baddies” are. I had several collection accounts that were maybe 5-7 years old that I’ve since paid, although most were settled for less than the full balance. My last late payment was more than 6 years ago, so recently I’ve taken great care of my credit. My currently open trade lines include 2 secured credit cards, one with a $200 limit and another with $1000. I don’t think either report to all 3 bureaus. I just recently got a legit credit card with a …

Apr 13 2017

What product do I purchase to monitor all three sc. myFICO® Forums #credit #calculator

#all 3 credit scores # It works both ways, however. Fair Isaac can just say, “well, we’ll just charge you even more to use our forumla”. In turn, the big three develop (and have developed, mind you) FACO forumlas that work very similar to FICO’s own and use little or no Fair Isaac derived data. In turn, FICO charges even more. And then VantageScore shows up and competes with FICO. So yeah, either way you look at it, FI is getting screwed, the consumers are getting potentially screwed (and potentially benefited due to competition in this market), and the big …

Apr 9 2017

About myFICO – Consumer Credit Score and Credit Report Provider #westconsin #credit #union

#consumer credit report # About myFICO myFICO is the consumer division of Fair Isaac, the company that invented the FICO credit risk score that lenders use. Starting in the 1960s, Fair Isaac sparked a revolution by pioneering credit risk scoring for the financial services industry. This new approach to lending enabled financial institutions to improve their business performance and expand consumers access to credit. Today Fair Isaac s FICO Score is widely recognized as the industry standard for lenders. myFICO offers informative credit-information products that help people understand actions they can take to achieve and protect their overall financial health. …

Apr 9 2017

Auto Credit and Scoring – myFICO® Forums #credit #scores #and #reports

#how to find credit score # Website Navigation: What is an Auto Enhanced score and how do I leverage it? Most people do not realize there is a difference between your normal FICO score, and the score you are graded on when you apply for auto credit. Your normal credit score is simply referred to as “Classic FICO Score (also referred to as your BEACON score)”. The auto score is usually referred to as your “FICO Auto Industry Option”. This score it not available for you to purchase and only dealers\finance companies are able to pull it. Here are the …

Apr 8 2017

Credit Score Monitoring – myFICO® Forums #my #credit #file

#credit score monitoring # Website Navigation: I am trying to find a credit score monitoring service for my girlfriend and I. What is the best site for regular updates? Since I will need to purchase the service twice, one for her and one for myself, something not too expensive would be appreciated. Also, are there any negatives to doing this? I’ve hear before that certain things, like credit repair services, will show up on your reports. Will lenders be able to know I am monitoring my credit scores? Thanks in Advance OP, know that there are FICO scores out there …