Separate names with a comma.
Discussion in 'Credit Talk' started by JD, Mar 29, 2001.
Barclaycard Ring™ Mastercard®
No annual fee, No balance transfer fees, No foreign transaction fees, Low interest!
CREDIT CARD WITH NO ANNUAL FEEBarclaycard Ring™ Mastercard®
Credit One Unsecured Visa®for Rebuilding Credit
Credit card for people with bad credit to rebuild credit!
BAD CREDIT CREDIT CARDCredit One Bank® Rebuild Credit
First Access VISA® Credit Card
Access to credit even with bad or limited credit! Reports to 3 major credit bureaus and accepted wherever you see the Visa® sign. Get application response in 60 seconds.
CREDIT CARD FOR BAD CREDITFirst Access VISA®
Green Dot primor® Visa®Classic Secured Credit Card
Credit lines available up to $5,000! Reports to three national credit bureaus; perfect card for reestablishing credit. Guaranteed approval*!
SECURED CARD FOR REBUILDING CREDITprimor Secured Visa Classic
Credit One Bank® Unsecured Visa® with Cash Back Rewards
Get cash back on every purchase. Unsecured credit card with monthly monitoring for credit line increases. Improve your credit history with responsible use.
CASH BACK UNSECURED VISACredit One Bank
Good questions. The answer is simply, you don't get the same report.
How do I know? I mention this through my experience as the head of systems for a large national lender, and deal with credit bureau data and requests continually (we do direct/indirect installment loans).
Our systems interface with each repository through a central provider, and the number of products we can order as part of the bureau pulls are akin to ordering ala carte at a restaraunt. The Hawk Alert you mention indicates to me that your lender had a Trans Union report pulled.
As a lender, we configure our account to order options that we feel are relevant in our underwriting. In addition to the core bureau (tradeline data), for example, we can order fraud alerts and scores, direct check information, FICO scores, and even utility and phone bill payment history (if available), debt analysis summaries, etc.. Each of these components costs additional money for each credit bureau pulled, and thus each lender makes their own choice as to what components to pay for.
As a consumer with my own credit issues, I have often wanted to use our system (which I wrote) to pull my own credit, so I could get these services, but the risks to my job or reputation are simply not worth it, as it would be illegal. When I go the Equifax, TU, or Experian, and receive my report, I notice that they are very plain vanilla, and definitely lack several components that I often see at work. For instance, wouldn't it be nice to receive the phone number to companies who report on your tradelines so you can call them up directly. If you could order Direct Check, you would receive this info..
Anyway, sorry for the long post, but you asked a good question.
Best of luck,
I'll grab my files from work, itemize the data, and post it on Saturday..
Yup, sounds like a "Consumer revolution" is called for here. It certainly has worked with the scoring, so far, and I don't doubt there will be more changes.
Nice to have you on the board.