topic Re: Alliant Credit Union - Experian Fico in Understanding FICO® Scoring

Alliant Credit Union - Experian Fico

Anonymous — Wed, 29 Jul 2009 14:56:26 GMT

Hello Everyone,

I wanted to know how accurate is ALLIANT'S Experian Fico Score? Is it the real deal? Or is it a Fako?

Thank you

Kris

Re: Alliant Credit Union - Experian Fico

Anonymous — Wed, 29 Jul 2009 15:34:20 GMT

It is a Fico NextGen score. A Fico scoring model that was released a few years ago, but not one that is used by very many lenders ...

Re: Alliant Credit Union - Experian Fico

Anonymous — Wed, 29 Jul 2009 16:39:14 GMT

Hi,

See the problem is it's a really low score compared to my others TU, EQ - and all the same info is being reported by all 3 agencys.....should i iqnore this? now im afraid my home loan will be in jeap...

Ty,

Re: Alliant Credit Union - Experian Fico

Anonymous — Wed, 29 Jul 2009 16:39:40 GMT

Does Alliant pull all 3, or just Experian?

Thx,

D-R

Re: Alliant Credit Union - Experian Fico

llecs — Wed, 29 Jul 2009 16:41:21 GMT

OP, I would ignore your EX score and focus on getting TU and EQ as high as possible before app time. When you've hit your goal, it wouldn't matter what EX is because your mid-score would be one of the two.

Re: Alliant Credit Union - Experian Fico

Anonymous — Wed, 29 Jul 2009 17:06:38 GMT

Hello,

Okay COOL ! Thank you !!!!!

Re: Alliant Credit Union - Experian Fico

Anonymous — Wed, 29 Jul 2009 21:30:12 GMT

@Anonymous wrote:
Does Alliant pull all 3, or just Experian?

Thx,
D-R

I would like to know, too.

I find it interesting that Alliant pulls EQ exclusively for their savings/checking/Visa products; yet offers a version of EX scores for their customers.

Who do they pull for mortgages?

Re: Alliant Credit Union - Experian Fico

Anonymous — Sun, 02 Aug 2009 01:27:39 GMT

@Anonymous wrote:
@Anonymous wrote:
Does Alliant pull all 3, or just Experian?

Thx,
D-R

I would like to know, too.

I find it interesting that Alliant pulls EQ exclusively for their savings/checking/Visa products; yet offers a version of EX scores for their customers.

Who do they pull for mortgages?

All three reports are pulled for a mortgage. Alliant doesn't do their own mortgage processing. It is outsourced and I have read of terrible experiences.

Re: Alliant Credit Union - Experian Fico

Anonymous — Sun, 02 Aug 2009 03:01:09 GMT

RE: All three reports are pulled for a mortgage. Alliant doesn't do their own mortgage processing. It is outsourced and I have read of terrible experiences.

Thanks Hobojon - that's extremely useful to hear. So, I'm assuming HELOC is in the same category as the Visa & car loans as far as pulling EQ only and processing in-house??? I'm assuming that because they were all offered when DH signed up with Alliant.

Re: Alliant Credit Union - Experian Fico

Anonymous — Sun, 02 Aug 2009 04:02:25 GMT

@Anonymous wrote:
RE: All three reports are pulled for a mortgage. Alliant doesn't do their own mortgage processing. It is outsourced and I have read of terrible experiences.

Thanks Hobojon - that's extremely useful to hear. So, I'm assuming HELOC is in the same category as the Visa & car loans as far as pulling EQ only and processing in-house??? I'm assuming that because they were all offered when DH signed up with Alliant.

No, Both myself and a friend of mine accepted the Heloc offer along with the CC offer in the initial preapproval process. We both received the CC but never heard anything about the Heloc we were supposedly preapproved for. After waiting forever and inquiring via email about the Heloc and not getting a response I called them and they told me that like their mortgages, they are outsourced and they would be prcoessed independently of Alliant. Who that company is I never found out. I went through somebody else.

Re: Alliant Credit Union - Experian Fico

Anonymous — Sun, 02 Aug 2009 04:07:57 GMT

Priceless! That information greatly influences some current decisions in our home. We had the HELOC paperwork e-mailed to us and have not filled it out yet. Thanks to this information, we likely never will.

Re: Alliant Credit Union - Experian Fico

Anonymous — Sun, 02 Aug 2009 04:49:10 GMT

Well if they emailed you paperwork for it you received more follow-up on the Heloc than anybody else I have heard of. Getting any info from them was like pulling teeth so I gave up.

ETA

They do offer the ability to check a loan application status online for the Heloc. Nothing ever showed up there for me after I accepted their preapproval.

Message Edited by hobojon on 08-01-2009 09:49 PM

Re: Alliant Credit Union - Experian Fico

Anonymous — Sun, 02 Aug 2009 14:50:53 GMT

My preapproval for VISA got lost. I had to call in and speak to a LO and have a manual phone app run to get it. Later the preapproval Visa popped up and showed online that I had 2 Visas, which I didn't really.

Fortunately, "Nick" used my membership EQ pull CR for making his decision to approve my Visa for same CL as the preapproval offer and best APR rate.

Alliant has the worst online services overall, except that I LOVE the eDeposit and eDepositPlus.