Recently, Experian announced that they will no longer provide FICO scores to the general public. They announced that they are terminating their relationship with myFICO.com, a website that sold credit scores from all three credit bureaus (Experian, TransUnion, and Equifax), ultimately not allowing consumers to know their FICO score. Experian will allow you to purchase their own scoring model, PLUS Score and another scoring system created by the 3 bureaus known as VantageScore.
However, most lenders (mortgage, banks, and auto dealers) use the FICO scoring system. Also know that eac h scoring model calculates scores differently. Rest assured that your lender will still have access to Experian's FICO score. So, if you're in the market for a home, be sure to check with your mortgage professional before you start looking for homes. And if you have any information that may prevent you from obtaining that loan due to bad credit, let us see what we can do to help you. While you may no longer have direct access to your FICO score, keep in mind that the better and cleaner your credit report is, the more likely your score will be high enough to qualify for the loan you are looking for.
Credit Repair Specialist