10-10-2007 01:14 PM
SwearingCashew wrote:Hello,I was using creditinform but they only updated my credit score 4 times a year. How often is it updated with FICO?
10-10-2007 11:43 PM
Want the most detailed credit report, with information NOT provided on the myFico reports... for FREE! As mandated by federal law.
Simple take advantage of the free, once a year credit report that you are entitled to at annualcreditreport.com. You can only order it once a year, but if you havent done so in the last 12 months, you will be impressed at the detail not provided by the commercial sites.
As an example of what myFico, for example, does not provide, but is listed when you get your free EQ report from annualcreditreport.com, is the prefix explaining the specific type of each individual inquiry. Only hard inquiries are provided by myFico, but the free report give you all inquiries, and their specific type.
There are seven types of inquiries. He are the exact definitions as provided on the EQ credit report obtained thru annualcreditreport.com:
PRM: Inquiries with this prefix indicate that only your name and address were given to a credit grantor so they can provide you a firm offer of credit or insurance. (PRM inquiries remain for 12 months)
AM or AR: Inquiries with these prefixes indicate a periodic review of your credit history by one of your creditors. (AM and AR inquiries remain for 12 months)
EMPL: Inquiries with this prefix indicate an employment inquiry. (EMPL inquiries remain for 24 months)
PR: Inquiries with this prefix indicate that a creditor reviewed you account as part of a portfolio they are purchasing. (PR inquiries remain for 12 months)
Equifax or EFX: Inquiries with this prefix indicate Equifax’s activity in response to your contact with them for a copy of your credit file of a research request.
ND: Inquiries with this prefix are general inquiries that do not display to credit grantors. (ND inquiries remain for 24 months)
ND MR: Inquiries with this prefix indicate the reissue of a mortgage credit report containing information from your Equifax credit file to another company in connection with a mortgage loan. (ND MR inquiries remain for 24 months)
Why equifax does not provide the same type of detail when we PAY for a report amazes me!
10-11-2007 01:38 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.