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Get your Experian FICO–while you can

Feb 12, 2009 | | Comments Comments Off

For Valentine’s Day, Experian is giving consumers a big, fat raspberry.250px-antique_valentine_05

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, “This isn’t hurting Experian at all, it hurts Fair Isaac a little bit, and it hurts consumers a ton.”

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