For Valentine’s Day, Experian is giving consumers a big, fat raspberry.
As of Feb. 14, consumers will no longer be able to buy their Experian FICO score, although Experian will continue to sell the score to lenders.
Experian has pulled out of its agreement with MyFico.com, the one site where consumers can buy their FICO scores for all three bureaus. MyFico.com was launched by Fair Isaac Corp., which created the leading FICO scoring formula.
So if you’re in the market for a mortgage, you’ll no longer know what rate you can expect. Mortgage lenders typically use the middle of your three scores, but you won’t know which one that is since you won’t have access to your Experian score.weston_sketch
As John Ulzheimer of Credit.com told the New York Times, â€œThis isnâ€™t hurting Experian at all, it hurts Fair Isaac a little bit, and it hurts consumers a ton.â€