12-11-2012 06:38 PM
Hey there! been a while since last post (5 days ago) hahha, anyway parents received an e-mail from Wells Fargo and said this :
has anyone else recieved th same e-mail? Also whats the CreditXpert credit scores? Are they important when it comes to lenders checking credit report?
As a homeowner, protecting your credit is a priority. A higher credit score may help you qualify for preferred mortgage or home equity account rates. That's why it's important to monitor your credit with Wells Fargo's Identity Theft Protection.
Now for just $1 for the first month, you'll receive:
12-11-2012 06:39 PM - edited 12-11-2012 06:39 PM
the monthly fee isnt that bad after the first month
12-11-2012 08:24 PM
I got this too (my mortgage servicing was sold to Wells Fargo).
This is one of many similar offers, the scores offered are FAKO scores, not used by any lender, so similar to what you can get for free from CK/CS/QZ etc. These offers differ mainly on price and how often you can access the credit reports (ignore scores!). I didn't study my email much, so I don't know if this is towards the good or bad end of the spectrum. But I always wary of lenders promoting this type of service, it's just a revenue generator and they already get enough from my mortgage!
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO