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3B Price Increase

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ddemari
Super Contributor

Re: Effect of "new" FICO range on CC apps

Just got off the phone w/ myfico csr. After she had me on hold for ever asking her supervisor qiestions, she told me in order to access my Eq and EX bankcard, mortgage etc. i would have to cancel and subscribe at 24.95.

Well the other day i posted about how i would pay to have access those scores. So i did it. The EQ scores are 08 04 mortgage score which equifax sells as their powerscore for 20 bucks. The only problem is, the csr said she does not think those scores will update? So i asked her if i have to purchase new reports for new additonal scores, she said she is not sure
Message 21 of 33
Imperfectfuture
Super Contributor

Re: Effect of "new" FICO range on CC apps


@Anonymous wrote:

@Anonymous wrote:

Oh, and just noticed the updated verbiage seems to accompany a $5/mo price hike??


Yep. I have now changed my mind about subscribing to 3B again.


I also.  Probably baecause everyone (like me) mentioned the 3 month minimum subscription for the same price.  Also, that advertisement at the bottom of the message listing to see offers now, they must be hungry for money,

 

However, this thread is devolving.

Signature needs updating
Message 22 of 33
Anonymous
Not applicable

Re: Effect of "new" FICO range on CC apps


@Imperfectfuture wrote:

@Anonymous wrote:

@Anonymous wrote:

Oh, and just noticed the updated verbiage seems to accompany a $5/mo price hike??


Yep. I have now changed my mind about subscribing to 3B again.


I also.  Probably baecause everyone (like me) mentioned the 3 month minimum subscription for the same price.  Also, that advertisement at the bottom of the message listing to see offers now, they must be hungry for money,

 

However, this thread is devolving.


I think they figured out the fact that you could just sign up for the service for 3mos, get updated scores constantly AND a report. Then cancel after the 3mos, sign back up and get a fresh report and do it all over again.

 

I didn't think of that when I paid for the year, Lol.

Message 23 of 33
SunriseEarth
Moderator Emeritus

Re: 3B Price Increase


@Anonymous wrote:

...just noticed the updated verbiage seems to accompany a $5/mo price hike??


OP, I edited your original post for subject change and to set up as a new topic.   Please use the "Edit" option if you would like to make any updates.



Start: 619 (TU08, 9/2013) | Current: 806 (TU08, 6/06/24)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Disney Premier VS $52000 | Discover IT $46000 | Venmo VS $30000 | Cash+ VS $30000 | NFCU More Rewards AMEX $25000 | Macy's AMEX $25000 | Synchrony Premier $24,200 | GS Apple Card WEMC $22000 | WF Attune WEMC $22000 | Ralphs Rewards WEMC $20000 | Citi Custom Cash MC $19600 | Jared Gold Card $19000 | Freedom Flex WEMC $18000 | Amazon VS $15000 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Belk MC $10000 | Sephora VS $9400 | Wayfair MC $4500 | ~~
Message 24 of 33
Revelate
Moderator Emeritus

Re: 3B Price Increase

I will post a little bit about what I know from my own go arounds the last few months with FICO and users.

 

Reason for launching this so quickly: because it was needed; I'm unabashedly a fan of FICO right now, mortgage and auto-enhanced scores have been absurdly difficult and confusing in the market for customers to obtain, and the "my score doesn't match myFICO" threads were coming up multiple times a day.  I personally view anything which makes credit scoring less of a mystery to be a huge win for the American consumer.

 

TU scores not being available yet: yeah, a little irritating and unless you're applying for a car or mortgage in the near future might be better to wait; though I will say for a mortgage, I know my EQ and EX scores from the trifecta now (EQ apparently REALLY hates me) I can't do any better or worse than the two of those so not having TU 04 Classic, I'm ok for now.  The reason codes are very interesting too, in my case having a consumer finance account on 04 and my installment loan balances (presumably a percentage with my two secured loans) now being a part of my scorecard... which may or may not explain the drop from losing my auto loan, is an interesting point though.

 

The additional scores don't track with the monitoring solution (like the simulator issue, static report data, but can't simulate say the FICO 8 Auto EX score): you get them on a pull of an individual report, or a pull of the 3B report, and then those scores are added into the main interface, right beneath the primary FICO 8 scores.  It's fixed in time, we get it once a year for free with a new 3B report, and then additional ones are at 30% discount.  Personally I'm not certain I'm likely to buy many additional ones, unless shopping for said mortgage or auto loan... or unless I'm swimming in cash and want to pinpoint a couple of lender underwriting scores.

 

Don't know how it works for those of us in on the lower price range, as the updates come from pulling a 1B or 3B report rather than the monitoring; not fully certain the costs involved other than a difference on the 3B initial pull.  

 

Anyway what's what I know currently.

 

 

 

 

 

 

 

 




        
Message 25 of 33
lhcole77
Valued Contributor

Re: 3B Price Increase


@SunriseEarth wrote:

@Anonymous wrote:

...just noticed the updated verbiage seems to accompany a $5/mo price hike??


OP, I edited your original post for subject change and to set up as a new topic.   Please use the "Edit" option if you would like to make any updates.


LOL! Thanks for heads up. This thread definitely got traction, though on a different course. Smiley Very Happy

Message 26 of 33
Kenny
Moderator Emeritus

Re: 3B Price Increase

These prices are right on for daily credit monitoring services so the outcry on the prices surprise me. Of course, I guess people will be a little unhappy with any price increase, but it's definitely warranted here. 24.95 is what Smart Credit and Credit Secure cost, I believe monthly. Those services don't have an annual price that is discounted like this one does. Just comparing apples to orangelos though because these are actually FICO scores that matter. lol
Message 27 of 33
HiLine
Blogger

Re: 3B Price Increase


@Kenny wrote:
These prices are right on for daily credit monitoring services so the outcry on the prices surprise me. Of course, I guess people will be a little unhappy with any price increase, but it's definitely warranted here. 24.95 is what Smart Credit and Credit Secure cost, I believe monthly. Those services don't have an annual price that is discounted like this one does. Just comparing apples to orangelos though because these are actually FICO scores that matter. lol

Of course people are always going to complain about price increases. Rarely do they pay attention to the value. With this major upgrade, I think the service warrants a price increase. I'm glad they did not increase the price for single reports, though not to say that they won't in the near future ...

Message 28 of 33
Anonymous
Not applicable

Re: 3B Price Increase

I dont have an issue with the price increase bc the product changes seem to warrant it. Better product = higher price, understandable. Simply not interested in any of the extras and dont find them necessary at this time. Would have been nice to keep the original $19.95 3B product version available for those that might not need *additional scores* but its ok Smiley Happy
Message 29 of 33
Anonymous
Not applicable

Re: 3B Price Increase

I actually just cancelled the 19.99 version and subscribed to the new version.  I like it except for the customer service.  My question is, would't it be easier to just upgrade from a $19.99 version by charging the difference in price instead of cancelling and then re-subscribing if someone wants it? Why not?

Message 30 of 33
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