Soon Consumers Will No Longer Have Access To Their FICO Experian Score

[Greatday]

Originally Posted by runrgirl

I could give a crap what my FICO score is. I'm never going to have a mortgage, car loan or use a credit card other than my bank debit card so WHY should I care?

Are you ever going to apply for a job?

How about insurance - car, property, or health?

Are you ever going to rent an apartment or a home?

All of the above, and more, have access to your FICO score and use it as part of their determination process.

[NCyank]

Originally Posted by Greatday

Are you ever going to apply for a job?

How about insurance - car, property, or health?

Are you ever going to rent an apartment or a home?

All of the above, and more, have access to your FICO score and use it as part of their determination process.

They have access to your entire credit report, they don't necessarily use your FICO. DH has had several credit checks for jobs, not one used FICO. Our insurance company calculates their own score based on our report and does not use FICO. I don't plan to ever rent again but I can't rule it out. If a LL goes solely on FICO they aren't being very discriminating...it's not necessarily an accurate picture of a person's financial well being. Smart LL's will READ YOUR CREDIT REPORT and pay very little attention to FICO by itself.

[Greatday]

Originally Posted by NCyank

They have access to your entire credit report, they don't necessarily use your FICO. DH has had several credit checks for jobs, not one used FICO. Our insurance company calculates their own score based on our report and does not use FICO. I don't plan to ever rent again but I can't rule it out. If a LL goes solely on FICO they aren't being very discriminating...it's not necessarily an accurate picture of a person's financial well being. Smart LL's will READ YOUR CREDIT REPORT and pay very little attention to FICO by itself.

Sorry to disappoint old chap but - FICO numbers are used all the time. "don't apply with less than a 720 FICO is heard all the time in loan apps today.

Have you checked out "Choicepoint.com" - used by the insurance industry and includes your FICO (the lower the score the poorer the risk)