$20 For A FICO Score?

[Cotton_Britches]

I came to FICO today to buy a score and noticed the price has gone up to $19.95 for one score.  No way am I paying that much.  No friggin way. FICO has just lost a customer.

[Anonymous]

You can get your FICO score for free while they are offering it here.

You can also google MYFICO discounts and use any promo codes they have available now also.

Depending on which CRA you want the score for you can obtain your scores from them directly also except Experian as they no longer offer FICO scores to the public for purchase. You can obtain your Experian FICO score from lenders/creditors and a Pennsylvania CU if you are a member.

[Anonymous]

I don't understand why myFico raised the price for a score report from $14.95 to $19.95. They added no value to the consumer, but they raised their prices nonetheless.

[Anonymous]

I think the quaternary TU checker is a better bang for your buck then a single report.

http://www.myfico.com/Products/IDF/Description.aspx

[Barry]

Hi Cotton_Britches and stan_the-man,

Your questions and comments about the recent price increase of FICO Standard are certainly valid.  Unfortunately, this price increase -- our first price increase for this product in over 4 years -- was made necessary by our steadily increasing operating costs.

Please know that the myFICO Team values the trust and confidence you all place in us, and we truly appreciate your business. The continued support we receive from our customers enables us to provide, among other things, this community at no charge or with any obligation to buy.  Thanks everyone!

-Barry

[Anonymous]

I have to say, I was completely STUNNED that FICO has increased the price so much.  For someone like me, who is checking my credit scores on TU and EQ monthly, this is outrageous.  I already, even with a coupon, pay $300.00 a year to FICO just to check it.  Now that has increased substantially.  A dollar,  I can understand, but to charge $5 extra, and claim it to be because of costs and then use the excuse "we haven't increased the price in 4 years"--what a load.  Honestly.  It was pricey as it was...I mean, come ON.  Further, you know we are at your mercy, so what do you care?  The bottom line is, you don't.  Experian cut their ties and now you're hitting your customers with those lost profits.

Maddening.

[Anonymous]

The truth is that the marginal cost of providing a score is close to zero. I think the real goal is to make the credit monitoring products look cheap by comparison.

[Nadroj6]

What a rip off. Myfico has also lost my business

[Imhotrodcrazy]

Started to buy todays FICO report and score and saw that it had increased in price.  Not going to happen,  I will limit the pulls now to "maybe" two a year, if that.  I am not in the market for anything anyway. 

[Anonymous]

For a 33% increase in costs, I don't see a 30% increase in value. 

Are the graphs more colorful at least?

These are just all programs in a computer doing batch processing.  I cannot see more "workload" making the software work "harder".

Sorry, myfico --- I'm just going to use you less or NOT AT ALL.