topic Re: LennyCredit stops reporting FICO in General Credit Topics

LennyCredit stops reporting FICO

Anonymous — Wed, 27 Sep 2017 23:58:39 GMT

I have been using the Lenny Credit app for my monthly EQ FICO scoring, but just got an email saying that as of 9/25, their new policy will only give out FICO scores if you have a loan with them.

Anybody know of any other places to get a free monthly EQ FICO without signing up for a new card?

Re: LennyCredit stops reporting FICO

gdale6 — Thu, 28 Sep 2017 00:38:44 GMT

I believe you can get one from DCU with check/savings combo or a credit card/savings combo, ask them on the check/savings to be sure.

Re: LennyCredit stops reporting FICO

Anonymous — Thu, 28 Sep 2017 06:46:25 GMT

Someone in another post said DCU does NOT provide them anymore.

Re: LennyCredit stops reporting FICO

Anonymous — Thu, 28 Sep 2017 11:29:03 GMT

After everything that's happened, as I remarked in another thread, I'm no longer so enthusiastic about EQ, scores and all, as I once was. I still get EQ 9 scores from Penfed, though only quarterly, so.

Re: LennyCredit stops reporting FICO

rooeez — Thu, 28 Sep 2017 16:29:40 GMT

@Anonymous wrote:
Someone in another post said DCU does NOT provide them anymore.

I don't know that this is true. I got mine last month, but September should be within the next few days. It is also still listed on their website. It is a EQ FICO Score 5 though, not an EQ Score 8.

Re: LennyCredit stops reporting FICO

heyryan — Sat, 30 Sep 2017 17:50:54 GMT

@Anonymous wrote:
Someone in another post said DCU does NOT provide them anymore.

DCU still provides them - mine just posted yesterday.

Re: LennyCredit stops reporting FICO

Anonymous — Sat, 30 Sep 2017 18:05:48 GMT

As other folks have mentioned the score provided by DCU should not be viewed as a replacement for the one provided by Lenny. DCU's is the FICO mortgage score -- Lenny's is FICO 8. The only thing they have in common is both being drawn on EQ data. The two scores could be wildly different, depending on a person's profile.

DCU is a nice choice for someone who has pulled all three mortgage scores through myFICO (or possibly a lender) and now wants to track only his EQ mortgage score in preparation for a home purchase a year from now. There's a number of scenarios where that could make sense (and save you $360 on the myFICO Ultimate product).

Re: LennyCredit stops reporting FICO

Revelate — Sun, 01 Oct 2017 02:59:13 GMT

@Anonymous wrote:
As other folks have mentioned the score provided by DCU should not be viewed as a replacement for the one provided by Lenny. DCU's is the FICO mortgage score -- Lenny's is FICO 8. The only thing they have in common is both being drawn on EQ data. The two scores could be wildly different, depending on a person's profile.

DCU is a nice choice for someone who has pulled all three mortgage scores through myFICO (or possibly a lender) and now wants to track only his EQ mortgage score in preparation for a home purchase a year from now. There's a number of scenarios where that could make sense (and save you $360 on the myFICO Ultimate product).

Out of curiosity but why would you rate FICO 8 as a better score than FICO 5 for tracking purposes?

DCU is still the gold standard for me, and still functional.

Re: LennyCredit stops reporting FICO

Anonymous — Sun, 01 Oct 2017 03:47:29 GMT

Hey Rev. Sorry for the confusion. I wasn't suggesting that FICO 8 EQ is better than FICO 5 EQ -- just that they are different. The clear sense I got from the first post was: I was getting a certain score from Lenny, looks like soon they won't be giving it out, can someone suggest another free source for this score?

I was just alerting the OP that the scoring model was different from the one he got with Lenny.