Thursday, February 5, 2009

Want to know your Experian Fico score? Check it quick!

As of February 14th, you will no longer be able to get your Experian Fico score! Experian will stop allowing Fico to use Experian's data to create a Fico score. So, if you want to know your Experian Fico score, check it before Feb 14th! Read the news at MyFico.

Everyone will continue to have an Experian Fico score (along with Transunion and Equifax Fico scores). The thing is, we won't know what the score is, as we will have nowhere to check that score. It will make it harder for those that are trying to stay on top of their credit. Lenders will still have access to the fico score, so it will still be used in deciding your credit worthiness.

Is it fair? No! Will it change? Probably at some point in time. But for now, this is the situation.

Related article:
How many credit scores does each person have?

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