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  • April 9, 2009 at 9:57 PM #379284
    Coronita
    Participant

    [quote=mwtosd]flu the real credit score people myfico.com is giving free credit score and monitoring for 1 month. Hope this helps you. You have provided lots of info on this forum! Thanks![/quote]

    thanks for the tip.

    I know that the three credit bureau’s are suppose to give you three free credit reports each year via annualcreditreport.com

    https://www.annualcreditreport.com/cra/index.jsp

    Did not know about myfico.com

    Things sort of more complicated, because I have a credit freeze on my account, and as such, you can only request a report via snail mail. I’m pretty sure there’s nothing wrong with my credit, as i can’t image someone has stolen my SSN. I can’t even get my own credit report easily with this credit freeze, let alone someone who doesn’t have my unfreeze pins.

    April 10, 2009 at 5:51 AM #378679
    mwtosd
    Participant

    Yes the annualcredtireport is from the US govt allowing it. Best to do one report from each credit agency every 4 months so you can really get a good monitoring of your accounts.

    The other one that is advertised on TV is not the same one. BUT the credit score the 3 credit score given out is not the real credit score. The only one is the FICO score. This was the first time I was aware you could get it free through myfico. I think it was $19.95 or $29.95 before.

    It is free score and one month monitoring. (They want a credit card) cancel before the 30 days to so you are not billed for usage beyond the first 30 days.

    April 10, 2009 at 5:51 AM #378957
    mwtosd
    Participant

    Yes the annualcredtireport is from the US govt allowing it. Best to do one report from each credit agency every 4 months so you can really get a good monitoring of your accounts.

    The other one that is advertised on TV is not the same one. BUT the credit score the 3 credit score given out is not the real credit score. The only one is the FICO score. This was the first time I was aware you could get it free through myfico. I think it was $19.95 or $29.95 before.

    It is free score and one month monitoring. (They want a credit card) cancel before the 30 days to so you are not billed for usage beyond the first 30 days.

    April 10, 2009 at 5:51 AM #379138
    mwtosd
    Participant

    Yes the annualcredtireport is from the US govt allowing it. Best to do one report from each credit agency every 4 months so you can really get a good monitoring of your accounts.

    The other one that is advertised on TV is not the same one. BUT the credit score the 3 credit score given out is not the real credit score. The only one is the FICO score. This was the first time I was aware you could get it free through myfico. I think it was $19.95 or $29.95 before.

    It is free score and one month monitoring. (They want a credit card) cancel before the 30 days to so you are not billed for usage beyond the first 30 days.

    April 10, 2009 at 5:51 AM #379182
    mwtosd
    Participant

    Yes the annualcredtireport is from the US govt allowing it. Best to do one report from each credit agency every 4 months so you can really get a good monitoring of your accounts.

    The other one that is advertised on TV is not the same one. BUT the credit score the 3 credit score given out is not the real credit score. The only one is the FICO score. This was the first time I was aware you could get it free through myfico. I think it was $19.95 or $29.95 before.

    It is free score and one month monitoring. (They want a credit card) cancel before the 30 days to so you are not billed for usage beyond the first 30 days.

    April 10, 2009 at 5:51 AM #379310
    mwtosd
    Participant

    Yes the annualcredtireport is from the US govt allowing it. Best to do one report from each credit agency every 4 months so you can really get a good monitoring of your accounts.

    The other one that is advertised on TV is not the same one. BUT the credit score the 3 credit score given out is not the real credit score. The only one is the FICO score. This was the first time I was aware you could get it free through myfico. I think it was $19.95 or $29.95 before.

    It is free score and one month monitoring. (They want a credit card) cancel before the 30 days to so you are not billed for usage beyond the first 30 days.

    November 24, 2009 at 8:15 AM #486029
    GH
    Participant

    It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

    November 24, 2009 at 8:15 AM #486197
    GH
    Participant

    It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

    November 24, 2009 at 8:15 AM #486570
    GH
    Participant

    It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

    November 24, 2009 at 8:15 AM #486657
    GH
    Participant

    It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

    November 24, 2009 at 8:15 AM #486888
    GH
    Participant

    It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

    November 24, 2009 at 11:25 AM #486124
    ucodegen
    Participant

    @flu
    I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

    NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

    http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06

    November 24, 2009 at 11:25 AM #486291
    ucodegen
    Participant

    @flu
    I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

    NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

    http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06

    November 24, 2009 at 11:25 AM #486665
    ucodegen
    Participant

    @flu
    I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

    NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

    http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06

    November 24, 2009 at 11:25 AM #486751
    ucodegen
    Participant

    @flu
    I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

    NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

    http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06

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