I just found out my credit score in the last few months has dropped from around 720 to 655. I have had someone in the mortgage industry try and find out why as all my credit reports look great. He couldn't find a thing. I am applying for a credit line on my home and Equifax sent this to my mortgage place which is creating an issue. Does anyone know what "FACTA BEACON 5.0 Score Model" is??
Does anyone have any experience in this type situation and what were you able to do about it? I have been told that the only way to discuss with Equifax is in writing and it will takes weeks if I am lucky, to get some reply. I haven't a clue where to start. Any direction will be appreciated.
