Good Day everyone,
I have read that Experian is implementing a new stragedy to aid in boosting the credit score of those that might have a good payment history but a thin file with them. It is to be implemented early 2019, anyone have any further information on how this will impact say someone like me, that pays alot of my bills through my checking account, has a thin file, and a Fico of 684 with experian. I signed up for the alert when the program begins and will link my accounts as they are recommending for the boost, just wondering if anyone had an estimate as to how much one is to anticipate a boost in score. Thx
Where did you find out about the program? I have an Experian account and didn't get any emails about this and just googled and nada. Would love to participate as well. Thanks.
Hi there, I have an experian account also and it allowed me to pre-register for the boost program. Try
experian.com/boost and log in...
Yeah looks like anyone can do it, the actual link:
Basically it's integrating the non-traditional data, I don't know how that factors into FICO 8 or anything else as I thought there were separate scoring options for that (a la FICO XD) but ultimately I know I don't want yet more data on my credit report personally, or it to factor into my score. There's enough to keep track off just on the known variables.
Oh, I have seen this. Thanks. I am also not interested in giving up more data points. Interesting, nonetheless. Hope it works well for you OP.