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Epic Contributor
Posts: 20,332
Registered: ‎03-19-2007
0

Re: Equifax says myFICO is a hard inquiry but...

The true test of a so-called hard inquiry is whether others can see it, not the consumer.

If you obtain access to a credit report pulled by a creditor, for example, it should not show.

The same applies when a CRA generates a score using the FICO algorithm.  Those coded so that others dont see them are also excluded from scoring in the FICO algorithm.

Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
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Re: Equifax says myFICO is a hard inquiry but...


jake619 wrote:

OK thanks.  I guess the EQ Agent was uninformed.  While he says the myFICO hit today was hard I guess he was wrong.  I'll pull my report next quarter and see what's on it.  Thanks all!


If you look in here you'll find MANY posts talking about uninformed EQ CSR-types. It's amazing the amount of disinformation that comes from them. There are a few posts in here from EQ agents saying that they scores they offer are FICO scores, when in fact the scores they push are FAKOs. Or even a couple posts in here saying that the agent told them that myFICO does not offer FICO scores. Anything to sell you on something I guess.

Frequent Contributor
Posts: 496
Registered: ‎11-13-2012
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Re: Equifax says myFICO is a hard inquiry but...


llecs wrote:

 

If you look in here you'll find MANY posts talking about uninformed EQ CSR-types. It's amazing the amount of disinformation that comes from them. There are a few posts in here from EQ agents saying that they scores they offer are FICO scores, when in fact the scores they push are FAKOs. Or even a couple posts in here saying that the agent told them that myFICO does not offer FICO scores. Anything to sell you on something I guess.


It's pretty frustrating that the single piece of information that has such a strangle-hold on our lives is so amiguous.  It's like taxes - have your return prepared by three different preparers and you owe or overpaid by three different amounts?  How exactly is that?  If we are to get a grip on our personal activities and understand how those activities affect our credit info there should really be a better, more easily understood process explained to us - the credit holders.  This system leaves too much to chance.  

 

</rant>


GangnamFICO wrote:

Because the chicks dig it when I throw down the card to the waiter and...it comes in handy if I'm short on cash until payday and need a short spot. AMEX gets the booty, and that's important when you're a Pirate.


Minor vulgarity edit --Rev



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