Reply
New Visitor
Posts: 1
Registered: ‎12-20-2007
0

Why are FairIsaac FICO scores not released with "free" credit reports?

I am currently unemployed and have excellent credit ratings from the past.  I placed access restrictions on my credit information because my account data was among data stolen from several banks and retailers.
 
It is my understanding that unemployed people such as me can have once per year "free" credit reports from the major credit bureaus mailed to me, per Federal law. 
 
Apparently FairIsaac FICO scores are not released to me as the accoiunt holder with these "free" credit reports, why is this?  I am trying to find out my current FICO scores so I may determine what potential employers see since I have chosen to restrict others access to my credit ratings.
Super Contributor
Posts: 8,195
Registered: ‎03-25-2007
0

Re: Why are FairIsaac FICO scores not released with "free" credit reports?



Questor wrote:
I am currently unemployed and have excellent credit ratings from the past.  I placed access restrictions on my credit information because my account data was among data stolen from several banks and retailers.
 
It is my understanding that unemployed people such as me can have once per year "free" credit reports from the major credit bureaus mailed to me, per Federal law. 
 
Apparently FairIsaac FICO scores are not released to me as the accoiunt holder with these "free" credit reports, why is this?  I am trying to find out my current FICO scores so I may determine what potential employers see since I have chosen to restrict others access to my credit ratings.


The law mandates everyone have a free report every year, plus other reports for the unemployed applying for a job.
 
The law does NOT mandate a free credit score, so no one gives you one.  This is America after all.  :smileyhappy:
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007
0

Re: Why are FairIsaac FICO scores not released with "free" credit reports?

FICO is a separate entity from the CRA's. They use the credit reports to crunch out the score, but they are not part of the bureaus. In fact, they are sometimes adversarial; witness the various lawsuits back and forth.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Established Contributor
Posts: 733
Registered: ‎10-23-2007
0

Re: Why are FairIsaac FICO scores not released with "free" credit reports?

in deed. Fair Issac is not a CRA and therefore is not required to give you a score doe free.

You'll have to buy them from the website, but honestly, if you look at your credit reports and there are no baddies then that is really all that employers care about, and besides, if there are no baddies then you can assume that you have a decent FICO score.

also, try that fico estimator: http://www.myfico.com/ficocreditscoreestimator/

many find that the range given is fairly accurate.
____________________
FICOs: (as of 12-10-08): EX 759 | (as of 01-24-10): EQ 794 TU 756 EX ? | (as of 3-17-11): EQ 794 TU 790 EX ?

Until Chase lowers my ridiculously high APR they can kiss my patootie! Their card has been retired to the sockdrawer. :smileymad:
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.