Re: Credit Monitoring Service (CMS) Guide
10-06-2012 01:56 PM
Can you purchase or get a package from myfico.com that includes all three credit reports.
Unfortunately Experian doesn't play nice. At one point a product was offered that included 3 reports of your choosing, so 3 of one, 2 of one and one of another, or one of each. Experian blocked consumer access to your own FICO score and you cannot buy it from anywhere. Because of that action, the only product within myFICO that offers the other two reports together (EQ and TU) is the Suze Orman's FICO® Kit. You can get two of one and one of the other and you get to decide which report to pull and when.
While the Suze kit is great for report pulls at a discount, it doesn't offer any monitoring of your credit. It's a one-time pull only per report. There is no product that offers EQ and TU FICO score monitoring together. There's no product in the world that monitors all 3 FICO scores together.
Very unfortunate the credit bureaus and leading score provider cant play nice in the sand box together. Unfortunately this will only lead to Congressional oversight and than ultimately to lobby groups in response to gov. regulations. Quite sad really.......EX obviously has something else in the works and believes they can compete with FICO. I really hope somene offers an even playing field in the futre like adding bills that currently do not report such as rent and utillities. In addition, would be nice if there was some regulation that said, If you use a report and/or score to determine if you will conduct business with a consumer and/or organization, you must report the "on time" or "pays as agreed" payments as well, not just the negative. In addition, closing this service to car insurance is reasonable as a pose too allowing them to pull. All they, car insurance, use it for is an excuse to charge higher premiums to some and lower ones to others.