Credit Card Center Advertiser Disclosure

Frequent Contributor
Posts: 673
Registered: ‎04-23-2009
0 Kudos

Re: ALL 3 fico scores one site , Road to 850 aka

Wow Ok I just spent 30 minutes reading all these posts and huge dissapointment .  I want my time back!!!!

Starting Score: EQ FICO 777
Current Score: EQ FICO 803
Goal Score: EQ FICO 810

Take the FICO Fitness Challenge

Valued Member
Posts: 49
Registered: ‎04-25-2012
0 Kudos

Re: ALL 3 fico scores one site , Road to 850 aka

LOL LOL I read the first 2-3 pages and saw where it was going and decided it was best to move on to something else.Smiley Very Happy

TU 792 EQ 782
*In The Garden*

Valued Contributor
Posts: 1,366
Registered: ‎09-22-2009
0 Kudos

Re: ALL 3 fico scores one site , Road to 850 aka

[ Edited ]

Sarah wrote:


I’ve consulted with people here, and to my knowledge, the three bureaus worked with MCP to stop the use of the FICO Scores. As I understand it, MCP tried to obtain FICO Scores from the three consumer reporting agencies without the appropriate contractual authorizations, violating its end-user contracts. FICO has long held that consumers are best served when they have access to FICO Scores calculated by all three of the major credit reporting agencies. However, products obtained illegally or through unauthorized channels do not serve the public’s interest.

I was one of the folks who got their report from MCP when it was in Beta testing mode.  The report was a tri-merge from CBC Innovis, and very similar to a report that anyone can see when applying for a mortgage, which AAA Fair Credit is allowed (and obviously paid for)  to pull. They provided the most informative insights that I've ever had as far as what matters to FICO scoring.  They mearly analyzed this report through their filters  and programs.  FICO was specifically named in the letter from the CEO of MCP along with the CRA's.  I fail to see what is  "illegal or through unauthorized channels" about what they are trying to do. They've paid for the scores.  They are analyzyng something that they paid for, and we as consumers pay for in return.  There is nothing different than what MyFico does with EQ and TU ( with the exception that TU98 is virtually useless these days), except with a greater insight  as to what really matters in the credit world according to FICO.  What they offered was far more informative than whatever MyFico provides, using your own scoring system.   


I appreciate your response Sarah, and don't get me wrong, but your answer smacks of corporate pablum that doesn't really answer anything.  Please correct me if I am wrong, or feel free to offer a little more transperency.         

EQ Fico 8 - 846
TU Fico 8 - 848
EX Fico 8 - 836
Posts: 17,532
Registered: ‎12-30-2011
0 Kudos

Re: ALL 3 fico scores one site , Road to 850 aka

There's a non-zero chance that the issue was with CBC/Innovis reselling the scores for unauthorized usage.  There's a non-trivial amount of contract language between a CRA and a lender, though I haven't seen the terms specifically.  You figure this has to be in place, otherwise what is to stop Amex or any other lender with relationships with the three CRA's from doing exactly the same with their credit monitoring product?


That assumption of course is ignoring the white elephant in the living room that the lenders may not want us to know our actual scores.


The really wierd thing is that the CRA's provide Vantage scores to all comers, and that's their competing product to all things Fair Issac.  I'd also point out that I'm pretty certain that FICO owns the algorithms, and as such could offer a service where we upload a report and they generate the score for us; there'd need to be a lot of disclaimers on there, but I don't see any legal reason that they couldn't if they really wanted us to have access to our scores... it's not like the CRA's and FICO aren't uncomfortable bedfollows anyway after the Vantage model began to be marketed.


The whole thing is beyond my ken, and the relationships between the lenders, CRA's, and FICO are incredibly complicated.  I still think this needs to happen as the entire process is in desperate need of more transparency, but at this point other than a useless letter to my Congressman, there's not much which can be done until some legal sticking point comes up, or the government decides that FCRA isn't enough.



Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)

Take the myFICO Fitness Challenge

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.