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Frequent Contributor
tempusfugit123
Posts: 264
Registered: ‎02-06-2008

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO

I dont even want to talk about it :smileysad: I cant even express how upset I am already at Experian.
Valued Contributor
Scamp
Posts: 2,791
Registered: ‎03-18-2007

Re: Feedback from the FICO Forums community


porkozone wrote:

ralbusta wrote:

This just goes to show that the CRAs and EX more specifically are not consumer oriented companies. Like any other business they cater to who they get their money from: their suscribers (lenders, CAs, etc. anyone who reports accounts to them)


 This also means that Fair Isaac - who is selling the ability to generate FICO scores to EX in the first place - is giving in to the EX "request" to not provide that information.
By extension, this means Fair Isaac is not a consumer oriented company, as well, in my opinion. They apparently are more worried about losing their dominance in the credit score industry, and the money that gives them, than they are to standing firm against such a consumer-unfriendly "request".
 Now excuse me while I go get some mouthwash - I have a very bad taste in my mouth. 

 

The scores themselves are generated at the credit bureaus; myFICO is simply the go-between, the conduit between the consumers and the CB's through which consumers can buy their scores.

 

If EX doesn't want to let consumers have their scores anymore, there's nothing myFICO can do to force them to hand them over.

 

_____________________________________________________________________________
It's never too late to become the person you might have been. ~George Eliot

02/12/09 EX: 701 / 02/08/10 EQ: 719 / 02/08/10 TU: 723

Backdoor Numbers, Credit Scoring 101, Understanding Your FICO Score PDF
New Visitor
Tilley
Posts: 2
Registered: ‎02-04-2009

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO

This information should be free for people if our lives are determined by these scores.  This is an excellent example of capitalism run-amuck!  I'm glad that experian has decided to do this.  People can get free credit reports, but they can't get the score for free or monitor it.  This is like not being able to monitor your own bank account, in my opinion. 

 

I'm so glad this forum exists.  FICO is one of the biggest scams ever!!!

New Contributor
wilee
Posts: 74
Registered: ‎05-19-2007

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO

[ Edited ]
Time for government intervention. Until the federal government REQUIRES the cra's to provide ALL (credit scores included) the SAME information to the consumer as they provide to the customer (ie lender) about the consumer, this will continue. I'm not a fan of big government, but this would be an area where consumers would actually benefit from more regulation.
Message Edited by wilee on 02-04-2009 02:37 PM
New Visitor
Tilley
Posts: 2
Registered: ‎02-04-2009

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO

Thank you Wilee!  Absolutely!
Regular Contributor
armymom
Posts: 204
Registered: ‎01-18-2009

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO

I agree with you Wilee!!  Considering our country's current credit situation, now more than ever consumers need to have access to their CR's.
EQ Fico 01/10 743
TU Fico 01/10 716
Super Contributor
MidnightVoice
Posts: 8,154
Registered: ‎03-25-2007

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO


armymom wrote:
I agree with you Wilee!!  Considering our country's current credit situation, now more than ever consumers need to have access to their CR's.

 

Acces to one's CR is relatively easy.  It is the REAL genuine FICO score that is so important  :smileysad:
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Valued Member
IvoH
Posts: 25
Registered: ‎06-04-2008

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO

The first thing that comes up to my mind is the Experian wants to make people to purchase their Experian's scores directly from them. Hence, myFICO product (full credit report from the 3 agencies) wont be the same and they can compete. We can go around this marketing share battle forever and it all makes sence....
New Visitor
Dobbin
Posts: 1
Registered: ‎01-28-2009

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO

Hi,

 

Hopefully someone will know. Does this mean that those of us who requested the monthly monitering will be re-imbursed?

 

Thanks

Frequent Contributor
urgent_help_needed
Posts: 268
Registered: ‎01-23-2009

Re: Community feedback about Experian's decision to discontinue offering FICO scores on myFICO

there is no indication experian will be selling the score on their website. 

 

also if you are talking about the score watch when you mention a monitoring product, that monitors equifax not experian.


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