@Anonymous wrote:
I never really paid attention to this credit scoring thing until about 3 months ago when I decided to use my VA loan entitlement. After researching everything I needed to do, I signed up for every program and website I could to get my hands on my credit scores and start building. My score wasn't too bad, and according to each credit bureau and right here on myFico, my score was over the 620 required to qualify for the VA Loan.
Take note of the fact that I pay money every month to these credit bureaus and myFico to see my "score." MY money, paid to them, to see MY so-called "score."
Yet, when I sit down with the mortgage company, they explain to me that the score I get isn't actually used for anything. Nothing. Zero. No lender, store, bank, etc. cares about the score that I pay to see. **bleep**?
I pay money to get a number on a screen that has ZERO meaning.
That's like going to McDonald's, ordering a Big Mac, opening the box, and the box has a Filet O' fish in it.
I don't see how this could be legal. How much longer will we stand by and let this happen?
I think it should be a LAW that we see all scores related to our finances. How can it be legal to take someones money for a worthless product?
Who is with me?
you were mislead
the companies involved have all already been sued over this and have all settled over it, and continue business as usual except now they just have some disclaimers in fine print, maybe.
