Reply
New Contributor
cwil31
Posts: 53
Registered: ‎02-27-2009
0

ox publishing

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

Moderator
guiness56
Posts: 22,408
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
bbutle01
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
cwil31
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
bbutle01
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
hoping2rebuild
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
Mega Contributor
RobertEG
Posts: 17,708
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
hoping2rebuild
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
cwil31
Posts: 53
Registered: ‎02-27-2009
0

Re: ox publishing

what about usa plantinum

 

Established Contributor
hoping2rebuild
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

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}