topic Re: NO FICO SCORE!!!!!???? in General Credit Topics

NO FICO SCORE!!!!!????

Anonymous — Wed, 20 May 2009 22:23:55 GMT

I moved here from the UK in June 08 and was immediately added as an authorised user to my husband's credit card. Since then I have gained 2 storecards and one guaranteed credit card of my own.

On experian (last check) I was listed as 730, my FICO report just came back as "no score as of May 2009"

Is there any way to contact someone to correct this or generate a fico score? Help!

Re: NO FICO SCORE!!!!!????

Anonymous — Wed, 20 May 2009 22:28:37 GMT

Did you try pulling EQ or TU FICO score?

Have you pulled your free annual reports or a report directly from each CRA to see what is/isn't being reported?

Re: NO FICO SCORE!!!!!????

Anonymous — Wed, 20 May 2009 22:48:43 GMT

I only have the Experian one because that was free... TU are the ones who came back with a "no score" result.

Should I contact them to amend? Do I have to pay to do that?

Sorry to be such a dimwit.... and posting in the wrong place!

Re: NO FICO SCORE!!!!!????

Anonymous — Wed, 20 May 2009 22:50:18 GMT

sorry i just saw your link... i just went to annualcreditreport.com..... will requesting info on that lower/affect my credit score?

Re: NO FICO SCORE!!!!!????

haulingthescoreup — Thu, 21 May 2009 00:55:28 GMT

Unfortunately, the scores you get from annualcreditreport.com are what we call FAKO's. You can't buy an EX FICO as of 2/13/2009, per their decision.

Most lenders use FICO scores, and you can still get your EQ and TU FICO. But they specifically have to say "FICO", not just "credit score."

Some people like to track their FAKO scores, but these often do not track FICO scores, so they're a pretty shaky indicator of what your lenders are looking at.

Requesting your own reports won't affect your scores. These are what are knows as "soft inquiries."

Anyway, to generate a FICO score, you must have had an account that was opened at least 6 months ago and has reported within the last six months. (And you can't be dead.) So you should have scores. I don't know where you pulled your Experian score, but if you pulled it after February 13, it wasn't a FICO.

Sorry, I know how confusing that is.

In the meantime, if you haven't already, please read Understanding Your FICO ® Score and Credit Scoring 101 (at least the first post.)

These will give you the background knowledge you need to understand what you read here on the forums.

Re: NO FICO SCORE!!!!!????

Anonymous — Thu, 21 May 2009 01:40:49 GMT

Thank you .... I used "freecreditreport.com" for my experian (still cant get the jingle out of my head lol)

You've been really helpful and I've been looking around the site which has also helped greatly - apparently authorised users on accounts were not considered by FICO until recently so that explains a lot....

I'll do some research, because no, I'm not dead Although one of my favourite quotes is "live fast, die young, make a good looking corpse"

Thanks again - you've given me hope at least!

Re: NO FICO SCORE!!!!!????

Anonymous — Thu, 21 May 2009 02:59:40 GMT

smartcookie36 wrote:
apparently authorised users on accounts were not considered by FICO until recently so that explains a lot....

FICO always considered AU accounts.

They were going to stop with the new scoring formula they are developing/have developed.

However, recently it was announced that they would NOT stop and would continue to count AU accounts in scoring.

Re: NO FICO SCORE!!!!!????

Anonymous — Thu, 21 May 2009 18:27:38 GMT

then why havent they registered the fact that im an authorised user of a card since june 2008? and have had my own cards since march 2009?!!!

im confused

Re: NO FICO SCORE!!!!!????

haulingthescoreup — Thu, 21 May 2009 21:39:43 GMT

What exactly does it say? I'm a little confused here.

If the lender reported an account, whether AU or not, FICO would have used it in scoring. Possibly the lender didn't report it initially? or the lender stuck that date on there?

I'm AU on my husband's Discover card, and it says that I've had it for 19 years, instead of for 18 months.

Re: NO FICO SCORE!!!!!????

Anonymous — Thu, 21 May 2009 23:27:41 GMT

On the letter from FICO themselves received yesterday, it says "no record as of May 9th 2009"

On experian on that "fako" report that I have been checking for about 3 months now, it has shown ME (like yours) as having revolving credit since 2007 when he started the card alone.

Ive also had store cards in my own name since April (which showed as "good" on experian), and a credit card since this month (so I understand why THAT wouldnt show).

The funniest part is that im being refused the most by Chase.... who are taking over WaMu who I have had the darn card with for a year!!!!

excellent pic btw.... I LOVE calvin and hobbes

Re: NO FICO SCORE!!!!!????

haulingthescoreup — Fri, 22 May 2009 01:09:29 GMT

Wow, that's a new one on me. FICO should still be reporting it. You'll need to call CS on that one:

Phone:
1-800-319-4433
Mon-Fri 6am to 6pm PST
Sat 7am to 4pm PST

And boy, do I miss Calvin and Hobbes! I taught my son to read using C&H collections for primers. He's pretty warped now, I'm afraid.

I decided to borrow Mrs. Wormwood for my avatar for a while after being called bossy one too many times!

Re: NO FICO SCORE!!!!!????

AndySoCal — Fri, 22 May 2009 02:26:32 GMT

On the bureau that reports No record as of May 2009 do any of your credit card accounts and discover card accounts show on the report?

If the answer to that question is no I presume your the credit report does not show any of your credit information at all when you received no FICO score? I am just trying to make sure I understand the problem.

If the answer is yes then here are two more questions

The essence of the my questions:

Is the social security number or tax payer identifcation number the same on the accounts where you have credit and what you used to pull your credit report?

Is the address the same where you applied for credit and where you are living now?

If either of those is different that may be what is causing the problem if so call the bureau and work with them to correct the problem.

I hope this helps

Re: NO FICO SCORE!!!!!????

Anonymous — Fri, 22 May 2009 03:15:11 GMT

The bureau that reports no records are TU, Equifax and FICO - it appears only Experian know I exist to date, but they have my full credit history and are scoring me well (hence the frustration).

I wonder if we added my SSN to my AU account.... perhaps we should look into this and that is why it was not reported/recorded? I think I was probably added to the account before I received my SSN.

I have been living at the same address since I moved here.....

Thank you

Re: NO FICO SCORE!!!!!????

Anonymous — Fri, 22 May 2009 03:17:49 GMT

lol - warped is good and <cough> i just may have been called bossy a few times in my life too

thanks for the advice - obviously im here and creditworthy on some level so just to register as non-existent is incomprehensible to me (id understand more if they rated me crappy!!)

thanks for the updated advice - youve been so helpful

Re: NO FICO SCORE!!!!!????

AndySoCal — Fri, 22 May 2009 03:27:00 GMT

Double check your other credit card accounts to make sure they are reporting your SSN too. Glad I could be of help.

One more call Trans Union and see if they can find your credit profile their and update it with your SSN. If Trans Union is able to find your credit profile they should be able to update it and then you should be able to see your FICO score then.

Message Edited by AndySoCal on 05-21-2009 08:27 PM

Re: NO FICO SCORE!!!!!????

Anonymous — Fri, 22 May 2009 11:54:18 GMT

Did you get your free annual reports?