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Tuesday, February 10, 2009

Experian Blocks Access to Scores at MyFICO.com

From Realtor Magazine Online, Daily Real Estate News February 10, 2009

Experian will no longer offer credit scores via MyFICO.com, but FICO scores based on data from Equifax and TransUnion will still be available through the Web site.

The change doesn’t affect lenders, but it makes it more difficult for potential borrowers to examine their score before they apply for a loan.

Experian said in a e-mailed statement: "Consumers will continue to have many choices for obtaining credit scores based on Experian data, including from Experian Web sites and our many resellers. Consumers can also assess their creditworthiness by purchasing credit scores developed by other credit reporting agencies or third parties, or FICO scores based on other bureaus’ credit data."

Source: The Wall Street Journal, Jane J. Kim (02/04/2009)

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