02-18-2013 07:58 PM
Mine is per month. I think there might be an option to pay upfront though.
02-19-2013 04:11 PM
to the OP any info to back up your claims.... My Fico has matched ,my mortage pull each time..... i need to get EQ up 6 points to get a better rate, i worked on some balances and pull my Fico here and it was 9 points up, told my lender to pull and his was 9pts up as well.
if you stating these type of alligations please back up your info
03-02-2013 03:56 AM
"One of the biggest complaints about FICO scoring is that the specific criteria it uses are trade-secret, proprietary algorithms. But trade secret law is one of the pillars of intellectual property law in the U.S. Forcing Fair Isaac disclosure of its algorithms makes no more sense than requiring Coca Cola to publish its formula for Coke, or requiring nuclear weapons labs to publish the workings of a nuclear weapon"
Comparing FICO to Coca Cola completely misses the point. People can stop drinking Coca Cola without being homeless. People can't stop using mortgages without being homeless. The only fair way to do credit scoring would be to disclose the exact details of how the scores were figured, and let the victim appeal unfair scores caused by bugs and unfairness in the scoring algorithm. Therefore it should not be a trade secret. If the only way it could avoid being a trade secret would be by having it figured by the government, then that would be the only fair way to do it. And in any case it should be illegal for scores to take into account anything other than what society agrees are fair things to take into account. Secret scoring algorithms don't even disclose what they take into account, so there is no way to verify that they're fair. And unfair bugs can remain hidden for years because there isn't enough light cast on them to make them a priority.
04-18-2013 07:08 PM
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.