Rebuilding Your Credit

[Diabolically_Random]

The temptation is strong.  I think I will subscribe to these ones at the end of the billing cycle of my FAKO's.  They really should have been more clear that it wasnt the real scores that they were pushing me. I just dislike the thought having to repeatedly buy my reports.

[ByrdMan]

I used to preach this all the time, when I was active in the community. There aren't as many commercials about credit scores as there used to be, but these companies make money off of selling their FAKO scores. Why would they make any mention of the fact that they aren't worth the paper that they are written on to anyone but them? They are taking advantage of the market for credit awareness. I use a CMS ONLY to see the content in my CRs. I never bother with the scores. If they say credit score, then you are likely dealing with a FAKO, as they cannot use the FICO name.

Edited for punctuation.

[Diabolically_Random]

I know, its extremely misleading. The bad part is that I went specifically to the CRA websites and still have FAKO's.  The only useful part is being able to refresh my report daily.

[ByrdMan]

There are two places to buy FICOs (at least there used to be two places). Here for EQ and TU and the EQ site for your EQ. I think that once upon a time, I bought my TU FICO from the TU site itself (don't know if this is yet available.

[Diabolically_Random]

Equifax doesnt give the real score anymore.  This is directly from their site.

Both the Equifax Credit Score and the FICO Score are general-purpose score models used to predict credit risk.  The Equifax Credit Score is a proprietary model created by Equifax.  The FICO Score is a proprietary model created by Fair Isaac Corporation (FICO) .  All Equifax consumer services and tools make use of the Equifax Credit Score unless otherwise indicated.

[ByrdMan]

Wow, I am really out of touch with this stuff. I have to get back in the game. So, the only place to get FICOs is right here.

[Diabolically_Random]

I didnt know there was a difference until I started coming here.

[ByrdMan]

When I was active on the forums, EQ was still selling FICO scores on their site. Everyone is trying to get in on the profits to be made by selling their homegrown scores.

[Shogun]

EQ does still sell their score, and it is their Beacon FICO score.  The exact same one that a mortgage lender or such will pull.  TU98 is available here, and Tu08 is available if you have a Walmart CC and set up paperless billing. You can't purchase a TU04.    EX doesn't allow the consumer to purchase their FICO score, however there is a CU in Pennsylvania that provides it to their customers.

[ByrdMan]

Thanks Shogun. Good to know that EQ hasn't sold out to a home grown FAKO...yet. I am aware of PESCU, or whatever it is called, for EX for its members.