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New Visitor
MRwill
Posts: 1
Registered: ‎02-01-2008

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

Dont like the idea of Experian retracting from the myfico website.  Really angry about their decision.  This is unfair.
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

wilee what article are you referring to?
Valued Contributor
Guardian
Posts: 1,148
Registered: ‎04-23-2008

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


llecs wrote:

wilee wrote:
hmmm...I wonder if Fair Isaac even allows CRA's to sell the FICO score to consumers. The article on credit.com has got my gears turning. Fair Isaac and Experian really need to get this hammered out.

 

EQ sells a FICO score.

Well EQ and FICO are practically in bed together, almost every monitering, alerts and forcasting tools on myFICO is designed to work with EQ and that's why I don't use it because its useless to me since EQ is my most inactive and useless file. The only thing I used to get and use was the 3 bureau one and now that's shot, its pretty much completely useless to me to pay for outside of my free copy which I can stretch to give me updated copies all year long.(Scorewatch = EQ, Orman = TU & EQ now, Simulator = TU & EQ, Quarterly = TU)


Common Abbreviations|FDCPA|FCRA
Take the FICO Fitness ChallengeStarting Score: TU:695 - EQ:719 - EX:630
Current Score: TU:712 - EQ:755 - EX:712
Goal Score: TU:800 - EQ:800 - EX:800


Established Member
schmoe
Posts: 13
Registered: ‎07-17-2008

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

[ Edited ]

Did anyone post the Experian executive contact information to see if they would like to tell us why they're doing this?

 

Edited by admin:  Let's not post personal information in the Forums.  Thanks!
Message Edited by Barry on 02-05-2009 06:47 AM
Established Member
elixandrea
Posts: 29
Registered: ‎01-05-2009

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

That's really unfair!

01.22.09 TU 673 EQ 681 EX 703
02.12.09 TU 752 EQ 671 EX 776
New Contributor
wilee
Posts: 74
Registered: ‎05-19-2007

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


llecs wrote:

wilee wrote:
hmmm...I wonder if Fair Isaac even allows CRA's to sell the FICO score to consumers. The article on credit.com has got my gears turning. Fair Isaac and Experian really need to get this hammered out.

 

EQ sells a FICO score.

EQ has also been dropped from the lawsuit. The NY Times article, if true, confirms my suspicion; Fair Isaac does not allow Experian to sell a FICO score to consumers.

 

I was ready to hang Experian, now I'm not so sure it's all their fault.

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

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


urgent_help_needed wrote:
wilee what article are you referring to?

This one

 

...and the one from NYT:

 

NY Times Article

Super Contributor
ShanetheMortgageMan
Posts: 7,867
Registered: ‎09-28-2007

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

I haven't read all of this thread but isn't there some sort of consumer group that lobby's for the consumer's right to know their actual FICO scores?  I think it should be a US Law that every consumer should have the ability to get an annual free credit report as well as annual free FICO scores.  I guess the grey area would be why just FICO scores and not Experian's own proprietory scoring system too?  Or why not all variations of TU's scores either?  I do see that it would be complicated to determine which scoring model score would be the free one to get, but some  information is better than no information IMO.
Member
yama
Posts: 6
Registered: ‎03-03-2008

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

I would think EX is going to officially stop existing. They are going to close for good. No more credit history or FICO from Experian.  :smileyvery-happy:
Valued Contributor
Guardian
Posts: 1,148
Registered: ‎04-23-2008

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


ShanetheMortgageMan wrote:
I haven't read all of this thread but isn't there some sort of consumer group that lobby's for the consumer's right to know their actual FICO scores?  I think it should be a US Law that every consumer should have the ability to get an annual free credit report as well as annual free FICO scores.  I guess the grey area would be why just FICO scores and not Experian's own proprietory scoring system too?  Or why not all variations of TU's scores either?  I do see that it would be complicated to determine which scoring model score would be the free one to get, but some  information is better than no information IMO.

Their lobby is bigger, stronger and has a stranglehold over the government. Its truly capitalism run amuck


Common Abbreviations|FDCPA|FCRA
Take the FICO Fitness ChallengeStarting Score: TU:695 - EQ:719 - EX:630
Current Score: TU:712 - EQ:755 - EX:712
Goal Score: TU:800 - EQ:800 - EX:800



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