Reply
New Contributor
Posts: 53
Registered: ‎02-27-2009
0

ox publishing

have anyone used them to raise their scores and who does they report too

Epic Contributor
Posts: 22,406
Registered: ‎01-17-2008
0

Re: ox publishing

I have read about them but don't know if they are legit or not.  From what I read they only report to EX.

New Visitor
Posts: 2
Registered: ‎03-27-2010
0

Re: ox publishing

They report to the other two, they do NOT report to EX.  I have an account.  It did raise my score, but I got it to counteract something I knew would lower it, so I can't really tell you how much. I'll tell you this much that I've learned from other forums.  Most people choose the option to pay for it incrementally.  Pay it on time, they're set up like any other creditor.  If you pay it 60 days late, expect to see that on your report too.

New Contributor
Posts: 53
Registered: ‎02-27-2009
0

Re: ox publishing

if u dont mind me asking, how many points did your score increase and r u saying they report to transunion and experian

 

New Visitor
Posts: 2
Registered: ‎03-27-2010
0

Re: ox publishing

I don't mind, but I can't really come up with an exact answer because I closed a credit line at the same time.

 

But anyway, within one reporting period it went up 29 points... But the assumption it was pulled down some because of the closed account. (It was an account that had no balance, had been paid off for a while)

Established Contributor
Posts: 905
Registered: ‎07-25-2008
0

Re: ox publishing

and what to you have to do to get a reporting line of credit with them?

Thanks


Starting Score: 377EQ/350EX/400TU As of 11/2011
Current Score: 620EQ/614EX/612TU As of 01/2013
Goal Score: 700+ across the boards
Epic Contributor
Posts: 20,289
Registered: ‎03-19-2007
0

Re: ox publishing

They are an e-book company, so dont deliver hard consumer products.  They may not even offer any products a consumer wants.

Their thing is to offer you an account, of course at an up-front fee, and then open an acount with  CL of from $2.5-25K.


They then report this CL to one or more CRAs giving you a FICO boost.  Your credit with them is only good for their products.

 

I know of no legal action against them, and it really is kinda a smart scheme. But they are not really selling publishing products, they are selling FICO CL boosts.

 

Just like AU accounts were once widely sold on the net to third parties, and were clamped down upon, I predict that this FICO scheme will soon burst.

 

 

 

Established Contributor
Posts: 905
Registered: ‎07-25-2008
0

Re: ox publishing

Their Fees:
$5,000 Charge My Card $195 Today
Plus, I agree to make 5 payments of $20 and that payments WILL NOT BE automatically charged to my credit/debit card.

$10,000 Charge My Card $495 Today

Plus, I agree to make 5 payments of $40 and that payments WILL NOT BE automatically charged to my credit/debit card.
IMHO I think I would rather take the $495 and do some PFD's
But to each his own

Starting Score: 377EQ/350EX/400TU As of 11/2011
Current Score: 620EQ/614EX/612TU As of 01/2013
Goal Score: 700+ across the boards
New Contributor
Posts: 53
Registered: ‎02-27-2009
0

Re: ox publishing

what about usa plantinum

 

Established Contributor
Posts: 905
Registered: ‎07-25-2008
0

Re: ox publishing

[ Edited ]

99% of merchadise cards report to PRBC and not one of the 3 major CRA's they used to have the below listed on all their sites but I am guessing since it may have cost them customers not reporting to at least on of the biggies they have removed it and now just say they belong to a CRA.

Always read the small print :smileyhappy:

IMHO I would steer clear of Merchandise cards as well

 

We report your credit line and payments to PRBC, a national credit bureau, which may improve your credit score

 

and the below was copied directly from the PRBC website:

 

Make Better Decisions Using PRBC Reports


PRBC (Payment Reporting Builds Credit) is a national credit bureau that captures consumers' history of paying rent, utility, and other recurring bills that aren't reported to traditional bureaus.

 

 

Hope all this info helps

 


Starting Score: 377EQ/350EX/400TU As of 11/2011
Current Score: 620EQ/614EX/612TU As of 01/2013
Goal Score: 700+ across the boards
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 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.

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

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com 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.