We recently wrote about the so-called “Free” credit reports that really aren’t free in this article. Well, CNNMoney.com listed them as one of America’s biggest rip-offs. Amazingly, Experian – a credit bureau that owns freecreditreport.com, said that they do realize that some people who sign up don’t realize they are signing up for a credit [...]
We recently had a question about getting free credit scores. And with the general public’s growing awareness of the importance of good credit and their credit scores, more and more people are interested. So what to do and where to go?
The two sites being advertised the heaviest right now are the freescore and freecreditreport websites. [...]
According to Fair Isaac Corporation, creator of the FICO score, one of the three credit bureaus, Experian, will no longer allow consumers to view their FICO scores based on Experian data. This becomes effective February 14, 2009.
After that time, consumers will only be able to obtain two of their own FICO scores, but not all [...]
ALL CREDIT SCORES ARE NOT EQUAL
In the U.S. the FICO score is used by the majority of financial institutions. It was created in the 1950s by the Fair Isaacs Corporation and ranges from 300 to 850. Generally, the higher the score, the more financial options a consumer has.
FICO has specific formulas for different industries: mortgage, [...]
If you are an adult in the United States, you probably have a credit report. In fact, you have three, based on credit files at each of the major credit reporting agencies or bureaus: Equifax, Experian and TransUnion. And they are not going away; your credit history will likely stay with you for the rest [...]
The Arizona Daily Star is reporting that an Arizona Department of Economic Security hard-drive containing personal and sensitive information for a number of Arizona children was stolen from a storage unit in Phoenix. Several other storage units, not belonging to DES, were also broken into, so it does not appear that the DES unit was specifically [...]