MyFico has forums

[Big Time]

http://ficoforums.myfico.com/

Looks like a few employees are there to answer questions.

[someonesomewhere]

I've been doing a little "jousting" over there. Definitely a DIFFERENT crowd over there. Pretty clueless, by and large, about their rights. Lotta "Well, if you just paid your bills on time" rhetoric and sentiment.

The moderator didn't take kindly to a link I posted from CIC. I have managed to slip in a couple of creditinfocenter references that weren't removed. Just doesn't want links.

Lotta stony silence when I've posted snippets of FCRA or FDCPA with my "Oh yes you can" response to "Oh no you can't" posts.

Getting banned from there would be too easy.

Finding the line and pushing it. Now THAT is an accomplishment.

[someonesomewhere]

Seems that MyFico Forums is being invaded by more and more CIC denizens. And, MyFico is getting more and more "credit industry aligned". Take a look at their latest Credit Repair Discussion Guidelines.

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&thread.id=4312

Still walking a fine line, I get an occassion PM from the moderator, but thus far no pants down spankings in the principal's office. However, even the admonition PMs I get state that my input is appreciated.

Today it actually paid to post there. Got a MyFico discount code from the Moderator for a free Suze Orman Kit. All 3 FICOs. Maybe their trying to buy my silence on "credit repair" issues.

Probaby a one time deal, but give it a shot and see if it still works.

MyFico Discount for a Suze Orman Kit

ASKPWV22388

Any of the rest of y'all gonna fess up to being a Fifth Columnist for the consumer on MyFico forums?

[Drew]

MyFico Discount for a Suze Orman Kit

ASKPWV22388

Any of the rest of y'all gonna fess up to being a Fifth Columnist for the consumer on MyFico forums?

You were right. One time deal.

[direred]

I actually am over there, but under a different nickname. I haven't been as active lately, though, I've been slammed with work.

[bigjohnstud4200]

I've been doing a little "jousting" over there. Definitely a DIFFERENT crowd over there. Pretty clueless, by and large, about their rights. Lotta "Well, if you just paid your bills on time" rhetoric and sentiment.

The moderator didn't take kindly to a link I posted from CIC. I have managed to slip in a couple of creditinfocenter references that weren't removed. Just doesn't want links.

Lotta stony silence when I've posted snippets of FCRA or FDCPA with my "Oh yes you can" response to "Oh no you can't" posts.

Getting banned from there would be too easy.

Finding the line and pushing it. Now THAT is an accomplishment.

I'm not sure giving them the heads up about this forum is a great idea. For example, we have a posting regarding removing inquiries from EQ. This may make them more aware of this and other things we've learned from this forum.

[lhslancers]

I'm not sure giving them the heads up about this forum is a great idea. For example, we have a posting regarding removing inquiries from EQ. This may make them more aware of this and other things we've learned from this forum.

Posts like that will be removed within a day. It is a heavily moderated board. The sole purpose of the board is to push the FICO product. I'd be surprised to see it around within the year. Too much trouble for them to moderate. FICO does best operating in the shadows.

[someonesomewhere]

Got a PM from the Moderator on MyFico in response to some questions. They won't allow links to CIC, CB or other similar forums, and they seem to now be taking a broad interpretation to protect themselves.

"Per our legal folks and as specified in our Terms of Service, we are not to post any links that promote credit repair (of any kind). Simple as that.

The reason for this is a recent class action settlement involving Fair Isaac and Equifax having to do with credit repair. This rule and others about credit repair in the forums are a direct result of this settlement.

We have no choice in this matter and whether something is considered harrassment or not by you or me has no bearing on this policy."

In a nutshell, it's not friendly waters over there. But, a LOT of stuff does make it past the moderator. Something of a Catch-22. People with knowledge come along to MyFico forums and more people start subscribing, reading and buying MyFico products. Moderate the RKIs too much, and people might stop reading and buying over there. And I probably get away with a LOT more in PMs.

All about balance.

[leilehuamule]

I've been doing a little "jousting" over there. Definitely a DIFFERENT crowd over there. Pretty clueless, by and large, about their rights. Lotta "Well, if you just paid your bills on time" rhetoric and sentiment.

The moderator didn't take kindly to a link I posted from CIC. I have managed to slip in a couple of creditinfocenter references that weren't removed. Just doesn't want links.

Lotta stony silence when I've posted snippets of FCRA or FDCPA with my "Oh yes you can" response to "Oh no you can't" posts.

Getting banned from there would be too easy.

Finding the line and pushing it. Now THAT is an accomplishment.

Of course the mods at myfico don't like cic. I don't think the folks at their forum know any less than over here. You have the newbies and the gurus just like over here. People go their and here to get answers when they do not know what to do. I will say they do credit repair ethically and do no:lame: t encourage stupid things like bumping inq's and disputing any inq's not attached to a tl. Or simply dispute everything as not mine. Thats just nuts.

[someonesomewhere]

At Least They Have Ethics Over Myfico

Just like the CAs, huh?

[Drew]

Just like the CAs, huh?

Any other codes on the Suze Orman kit?

[someonesomewhere]

http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=267776

[SecretAgentWoman]

They are discussing "us" over "there."

It's like some weird, crazy, vortex - I think if both threads keep going, we will disrupt the space/time continuim and cause a black hole...or something...

Anyway, they seem to think we are "unfriendly" and "unethical" and promoting things that "if not illegal, damn near close" - I giggled.

I say this - the CAs have a HOST of dirty tactics at their disposal, being supremely good and noble isn't going to get you anywhere.

[divemedic]

I don't think the folks at their forum know any less than over here. You have the newbies and the gurus just like over here. People go their and here to get answers when they do not know what to do. I will say they do credit repair ethically and do not encourage stupid things like bumping inq's and disputing any inq's not attached to a tl. Or simply dispute everything as not mine. Thats just nuts.

Of course they know alot there- it is FICO's scoring system being discussed on a FICO owned board. They just do all they can to keep consumers in the dark. If the system were truly predictive as they claim, it wouldn't matter if you knew how it worked.

Don't even spout off about ethics- the FICO system penalized me 90 points for a 6 year old PAID medical collection for $84 that went to collection because my insurance paid it late, due to a paperwork error that I had no control over. That $84 collection will cost me an additional $12,000 over the life of my loan. Explain to me what that ONe collection has to do with a mortgage, and how that justifies a $12,000 penalty. How is that in any way ethical?

As far as legal, I have tested MY methods in court. All I ask is that furnishers, CRA's, and CA's follow the law. If that is too close to unethical or illegal...

[CreditPhilosoper]

Amen DiveMedic,

As far as legal, I have tested MY methods in court. All I ask is that furnishers, CRA's, and CA's follow the law. If that is too close to unethical or illegal...

For an atheist, you sure preach a good sermon. amen to that

[CleverCynic]

HA! Two names, two boards... both very clever ways of saying "anonymous" ...

[leilehuamule]

I have no issues with disputing items that are inaccurate or truly not yours. Teaching people who are "clueless" to simply dispute everthing is nonsense. I hope the mods hear read this!

[chilton1]

I have no issues with disputing items that are inaccurate or truly not yours. Teaching people who are "clueless" to simply dispute everthing is nonsense. I hope the mods hear read this!

I think it is the individual's right to dispute if he/she choses. Moderators here don't tell people what to dispute. Plus whether the TL is mine or not mine will be measured solely by my moral compass and not by anyone else.

[SecretAgentWoman]

I have no issues with disputing items that are inaccurate or truly not yours. Teaching people who are "clueless" to simply dispute everthing is nonsense. I hope the mods hear read this!

Are you saying people should pay items that are out of SOL and are in the hands of dirty CAs that paid pennies for them?

As far as I'm concerned it is "not mine" to pay if I never had a contract with the JDB/CA, period, end of story.

In addition, asking any entity, whether you may think they have a legal right or not to collect, to PROVE they have that legal right, and not just assume so, is NOT wrong.

But if you want to make the JDBs and CAs richer off the backs of souls that are trying to reclaim their financial lives, so be it. I don't think YOU should hold those that believe otherwise as any less morally superior than you.

[Drew]

I admit, I started off at myFICO and gained somewhat 'minimal' knowledge of ways to repair my credit, but did learn about FICO scoring in general.

CIC has definitely been the 'goldmine' and has helped me tremendously.

[leilehuamule]

If SOL has passed on a derog account and is still being report, then yes it's inaccurate, dispute the f***er. Dont' worry I hate CA's as much as all of you.

[SecretAgentWoman]

Well, if you read these forums deeper, we recommend that if the account is WITHIN the SOL, and with a JDB/CA, that you DV the JDB/CA FIRST to establish whether or not they have proper documentation to collect. Nothing wrong there, dispute.

IF it comes back verified, and they validate, THEN and only then, do you talk about settling - and only if you get the settlement in an iron-proof written contract to make sure they don't resell/re-report any unpaid portion and/or they agree to delete the tradeline (ideally).

Where is the unethical behavior in that??

[CleverCynic]

I think they think SOL is the 7 year thingy... Myfico forum must rule...

[Revike]

Well, if you read these forums deeper, we recommend that if the account is WITHIN the SOL, and with a JDB/CA, that you DV the JDB/CA FIRST to establish whether or not they have proper documentation to collect. Nothing wrong there, dispute.

IF it comes back verified, and they validate, THEN and only then, do you talk about settling - and only if you get the settlement in an iron-proof written contract to make sure they don't resell/re-report any unpaid portion and/or they agree to delete the tradeline (ideally).

Where is the unethical behavior in that??

Actually, the more knowledgeable posters at MyFico say the same thing - always DV the CA, whether the collection appears to be legit or not. Simply a matter of confirming proper ownership of the debt.

Like someonesomewhere said, the moderators at MyFico are overly concerned about legal issues since they are directly connected with FICO, and sometimes get a bit nervous about some dispute recommendations even if they're ethical and legal. I don't understand the moderator's phobia about posting links to CIC and CB, but I'm sure people are informed of those forums in PMs.

I'm fairly new to credit forums and have been bouncing among CB, CIC and MyFico the past month, and they all provide very useful info. CB and CIC are the full-service restaurants while MyFico is the drive-thru, but different people have different comfort levels, and so whatever works ...

[someonesomewhere]

Thought I saw a public spanking by the moderator recently on MyFico that seemed to discourage DV as a legit action. Talk of lawsuits is discouraged as somehow unethical. Truly sad and pathetic that such collector oriented info is what's made available to MyFico readers.