FICO No Longer Available to Consumers
Please note this valuable information. This information is taken from a fantastic group of lenders at Meridian Residential, Call them for all of your mortgage needs and be sure to call me for all of your Real Estate needs!
Yesterday, Experian and Fair Isaac decided to end their relationship... and the result will be that in a few weeks, Consumers will no longer have access to their FICO scores.
"Currently, myFICO.com is the only place you can purchase your FICO scores based on your three credit reports
from Equifax, Experian, and TransUnion. After February 13, 2009,
you won't be able to purchase your Experian credit report or FICO score
through myFICO.com. Moreover, you won't have access to your FICO score based on Experian data at all."
As a lender, we will still have access to the scores, and will continue to use them in decision making - however, the consumer will not have access... To get your current standing, order your Experian FICO score before February 13. After that the score won't be available. You can purchase your Experian credit score from Experian or Equifax, which both use a FICO-similar 300 to 850 point scale for credit scoring.
If you have questions about your credit, and are considering a NC purchase or refinance in the next 6 to 9 months, please call us, or click here for more information about credit scores!
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