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Why must we pay for scores ??

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Anonymous
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Why must we pay for scores ??

At the risk of having this post deleted, because of who our host is, I want to ask the question.

Why must we pay for scores when it is the score that most lenders use to judge our credit worthiness and/or our ability to pay? I realize that it's a huge moneymaker for the 'big three', but come on......., don't they really make their money from lenders who want do inqs?

It's OUR score, albeit assigned by the CRAs, we created the data for the score that is assigned to us, and I don't understand why we have to pay to see what someone or some company has assigned to our name and SS#

Anyone want to debate this, send a petition to congress or explain why the CRAs aren't paying us for creating all that wealth of information that they are making a profit on?
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1 REPLY 1
fishbjc
Senior Contributor

Re: Why must we pay for scores ??

Prob. because they have to get the report from the CRA then convert everything to a number.
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