Re: Credit Monitoring Service (CMS) Guide
06-02-2011 06:49 AM
I think the CRAs are raising the fees on each other. This is evidenced by the cut back in services and/or increased rates. We've seen that here on myFICO too. Collusion between the big 3? I've entertained the idea to start my own CMS and offer price points. I imagine the cost would be $30+ for a daily and then offer various subscription levels below that for 10x/mo, 3xmo, monthly, quarterly, and so on, as an example. Skip the scores, but offer snazzy reports. Gears are cranking.