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Discussion in 'Credit Talk' started by rick, May 15, 2000.
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I can't believe it !!!! Very good news....hopefully the other 2 will follow.
Thanks Rick, I know this is good news to
everyone that is trying to rebuild their credit. Including myself. As Mo said Now
if the other 2 follow Trans Union we will all
be tickled crapless.
Thats not what the site said...they're not releasing FICO scores and no credit burueau ever will. They're planning to relase a score they have built themselves....
FICO scores are produced by Fair Issac and are purchased by credit issures. Credit bureaus do not own the score and cannot provide it to consumers. The same rule applies to the credit grantors who do not own the credit bureau information and cannot release it to consumers.
The score should help but it will not be the same as the FICO score.
Even with a score of their own, as BANK
stated this will give everyone a chance to
see where they stand, as they go thru the process of rebuilding their credit. And if the other two follow suit with a score of their own it will be even better.