i kust read the press release.Great news and 1 stop shopping!
Awesome news, article doesnt list a start up date for availability of experian reports through FICO site though Did I miss it?
NO, you didn't miss the date. The PR never disclosed any dates as to when the services will be available to either the industry or consumers. However, I imagine that it won't be long before MYFICO offers both Experian as a single product as well as an All 3 CRA Package to its growing consumer base. I for one can't wait to cancel my Experian monitoring services with the FAKOs!
MyFico.com is gonna make tons of money on this when the flood gates open.
That was one of my first thoughts. Then I started wondering exactly what type of product myFICO will be offering to us. I would be really excited if they would give us a daily pull product with a weekly FICO, or something like ScoreWatch. Now myFICO just needs to renegotiate the product it offers for TU to get us a better version.
As part of the new long-term agreement, FICO will be able to license its analytics directly to lenders. Experian will support these FICO direct licenses by agreeing to deliver the FICO score, derived from Experian's industry-leading data, to mutual clients. FICO's expanded access to Experian's consumer credit data will enable the creation of models for additional predictive power. Furthermore, Experian will make FICO Scores available to consumers through myFICO.com and through third parties.
llecs or shogun, can I lay my head on your shoulder and cry of happienss?
This is awesome news! I want to pull my EX fico!
This is fantastic news! I'm hoping for a 3-in-1 package deal! Even if it's individually priced, it'll be nice to pull EX FICO!