01-26-2012 11:26 PM - edited 01-26-2012 11:27 PM
If you don't mind let us know how the site is when you register
Absolutely I'll do that.
I'm just signing up for their credit pull service though, I don't really need their score analyzer and other things as I can do my own math with the knowledge I have; also, frankly I'm nowhere close to being ready to play the optimization of FICO game with my current reports. More than anything I just need to pay on my tradelines and see about goodwilling a few derogatory marks.
Where I do find value in it, is I need to have some barometer of where my scores are, sporadically over the next 18-30 months in my run up to a theoretical FHA mortgage; however, in between that I need to switch my auto-insurance (has to be done in June no choice there) and refinance my auto-loan a few months later than that... and have plans to apply for one of two things before the end of the year too (Amex zync for future backdating as an example).
I was mostly going to predicate everything off my EQ score from DCU, but in my case living in S. Cali, the ever-elusive EX score would be enormously helpful in my building journey depending where I draw the line in the sand for a mortgage app. I'm spending a lot more than the cost of this service in my path towards credit righteousness (like my subprime autoloan at 19%), and as such it is utterly inconsequential in comparison: it's annual charge is less than what I'm accuring in interest each month on my car loan.
01-27-2012 09:12 AM
I was one of the folks that pulled reports during their BETA testing phase. I tried logging in today and it didn't recognize me. So, I tried to sign up again and wnhen I hit submit, it erased the passwords I entered when I hit submit. I tried this a couple times and couldn't get it to work. I don't think this site is ready for prime time yet.
01-27-2012 01:21 PM
...So, I tried to sign up again and wnhen I hit submit, it erased the passwords I entered when I hit submit. I tried this a couple times and couldn't get it to work. I don't think this site is ready for prime time yet.
I tried as well the other day as this service would compliment my usaa one well. I had the same issues you did.
01-27-2012 05:09 PM - edited 01-27-2012 05:20 PM
Well, I was excited when I read the first post and looked at the website... until I looked further.
#1, There is NO contact info on the website. That for me is a HUGE red flag, no matter what type of website it is, but especially with a credit website like this.
#2, There is NO mention of the set-up fee until you get to the check-out screen. Personally, I think that's a little shady. If I hadn't read about it here, I would have been shocked to see it there. I think it should be have been mentioned elsewhere *before* you check out.
#3, When I clicked "PLANS & PRICING" in the upper right corner, I got an error message:
01-27-2012 05:17 PM
I absolutely agree, their pricing scheme is very confusing and needs to be explained MUCH better. They do have analysis tools supposedly but so does USAA CMS. I am also in agreement that it IS overpriced for what you get. I'll keep my USAA CMS, get my alerts anytime something changes and I'll settle for FAKO scores since I can see my overall CR from all 3 CRA's and what is on them. This gives me a pretty good idea of where I stand.
Let's hope that myFICO comes up with a competing service soon. Competion is the best thing for pricing
01-27-2012 05:40 PM
All excellent points! I have the same services as you, and I agree that it's enough for now. Plus, if I want to know my EX score, I can just get denied for another Amex with no HP (since I'm an existing customer).
But seriously, this is what I want to know!!! Perfect use of emoticon here, btw.#6, The $64,000 question... If this company can buy and re-sell EX FICO, then why can't myfico.com?????
01-27-2012 06:33 PM
01-27-2012 06:50 PM
#6, The $64,000 question... If this company can buy and re-sell EX FICO, then why can't myfico.com?????
Presumably for the same reason why T-Mobile "can't" buy and re-sell IPhones. Distributor won't sell to them.
01-27-2012 09:13 PM
Well that's unfortunate because this new website, while incredibly tempting, has to make several changes before I'm inclined to trust them.
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