08-15-2012 07:02 AM
Some information. Looks like a credit bureau.
08-15-2012 07:04 AM
From thier website:
'IDA, Inc. is ID Analytics' wholly-owned subsidiary that issues consumer reports regulated by the Fair Credit Reporting Act (FCRA). We provide information to many different types of companies including credit card issuers, retailers, and wireless telephone service providers.
The information we provide generates insights into creditworthiness and enhances traditional credit decisioning. It also helps protect individuals from becoming victims of identity theft, and helps companies protect themselves and their customers from identity fraud.
While IDA Inc. is a source of information for credit issuers, it does not make any adverse decisions and is not able to explain why a decision was made.'
So apparently, BoA uses them also , a bit like the Chex system.
08-15-2012 09:03 AM
I just checked out the site it says my score is 753 of 0 to 999... The higher the score the higher risk you are it also does not show you why you are at the high of a risk...
I wonder if they use that score for the product I applied for, maybe certain cards they run different checks on
08-15-2012 09:46 AM
It looks like the score they give you, mine was 509, is your level of risk of being a victim to identity fraud. I'm a moderate risk. Then they try to sell you their monitoring service.
08-15-2012 01:13 PM
Ida now providing enhanced credit score by looking at non credit factors that growing number of lenders using. Not just used for identity solution.
intreasting that they can use non credit factors
12-16-2013 09:26 PM
My partner just got a letter from BofA that they pulled them during his Fidelity approval!
ill figure out how to get the report and update tomorrow... Looks like you may have to fax request
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.