Got a "pre-approved" MC Gold offer in the mail from First Premier Bank, you know, the one with the $275 fees to gett accepted The interesting thing is that now they are saying that your credit history will be reported "to all 4 major credit bureaus" Innovis is the 4th one. It looks like we're all going to have to start reckoning with these new kids on the block.
Kalinka, I found this on the Innovis website ( I had no clue who or what they were - still a Newbie). Lord knows that I have my hands filled with EQ, EX and TU. This is copied directly from their site (copy & paste). ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Innovis is developing a credit database and currently Innovis is NOT involved in providing services that can result in the denial of applications for credit, insurance, or employment. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ About Company: ACB Services was founded in 1970 by Associated Credit Bureaus (ACB). ACB Services was created to provide consumer credit information to member firms. ACB Services' data was gathered from national and regional credit grantors. In 1989 the company was purchased and renamed Consumers Credit Associates (CCA). Responding to requests from credit grantors for innovative solutions and enhanced services in the consumer credit industry, CCA worked to create unique products and services. Concurrently, the company began to gain commitments from major credit grantors to contribute data. In 1997, First Data Corporation purchased CCA and renamed this division Innovis Data Solutions, Inc. In April of 1999, CBC Companies purchased Innovis Data Services from First Data Corporation. CBC Companies has been providing consumer credit information through its credit bureau organization for over 50 years. As an affiliate of CBC Companies, Innovis will continue to develop unique tools for credit decisioning and risk management.
So why are they gathering this credit info on consumers for? Who's going to look at it and for what? Why is First Premier Bank gonna report my credit history to them if I get their card? I'm sure others have gotten this letter fro FPB.
