Comments on: Experian Cutting off Consumer Access to FICO Scores http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/ For the Up To Date News Fri, 20 Nov 2009 15:08:53 -0700 http://wordpress.org/?v=abc hourly 1 By: Kristy http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/comment-page-1/#comment-1603 Kristy Sat, 07 Feb 2009 19:41:13 +0000 http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/#comment-1603 Basically I am saying that even myfico.com won't give out FICO scores for Experian. Basically I am saying that even myfico.com won’t give out FICO scores for Experian.

]]> By: TJ http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/comment-page-1/#comment-1601 TJ Sat, 07 Feb 2009 06:31:30 +0000 http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/#comment-1601 I guess I don't get this article. I never go by what each individual credit bureau says my score is because I already knew that each one uses its own proprietary software. I only get my FICO score from MyFico.com. I understood that Fair Issac (MyFico.com) uses the data from the 3 bureaus and then formulates the score. So are you saying that Experian will now be refusing to provide their credit data on individuals to Fair Issac? So FICO will now be calculated by Fair Issac using only TransUnion and Equifax data and omitting Experian's? If Fair Issac will still pull info from all 3 bureaus and formulate its FICO score based on those, so what if Experian won't allow you access to your FICO score through them. Just get it through MyFico instead. Am I missing something here? I guess I don’t get this article. I never go by what each individual credit bureau says my score is because I already knew that each one uses its own proprietary software. I only get my FICO score from MyFico.com. I understood that Fair Issac (MyFico.com) uses the data from the 3 bureaus and then formulates the score.

So are you saying that Experian will now be refusing to provide their credit data on individuals to Fair Issac? So FICO will now be calculated by Fair Issac using only TransUnion and Equifax data and omitting Experian’s?

If Fair Issac will still pull info from all 3 bureaus and formulate its FICO score based on those, so what if Experian won’t allow you access to your FICO score through them. Just get it through MyFico instead.

Am I missing something here?

]]> By: Kristy http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/comment-page-1/#comment-1597 Kristy Fri, 06 Feb 2009 18:46:34 +0000 http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/#comment-1597 I don't actually care which system is used. I just want advance notice of where I'm at credit wise before submitting applications. Inquiries count against you - so I want to compare apples to apples. I don’t actually care which system is used.

I just want advance notice of where I’m at credit wise before submitting applications. Inquiries count against you – so I want to compare apples to apples.

]]> By: Stephen Strachan http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/comment-page-1/#comment-1596 Stephen Strachan Fri, 06 Feb 2009 17:38:51 +0000 http://www.creditinfocenter.com/wordpress/2009/02/06/experian-cutting-off-consumer-access-to-fico-scores/#comment-1596 Only time will tell if this latest evil wrinkle is any more evil or wrinkled than Equifax's current FICO model. Wide market acceptance will eventually follow...lenders will have no choice but to adapt. Who knows? The current FICO system is such a disastrous mess (serving, as it does, for the benefit and enrichment of lenders only) that it's a 50-50 shot as to whether or not the new Vantage score will be any worse than the current FICO or (various) FAKO models. Just accept the fact that the system has served, and will continue to serve its master, the banks. Only time will tell if this latest evil wrinkle is any more evil or wrinkled than Equifax’s current FICO model. Wide market acceptance will eventually follow…lenders will have no choice but to adapt. Who knows? The current FICO system is such a disastrous mess (serving, as it does, for the benefit and enrichment of lenders only) that it’s a 50-50 shot as to whether or not the new Vantage score will be any worse than the current FICO or (various) FAKO models. Just accept the fact that the system has served, and will continue to serve its master, the banks.

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