The Fair Credit Reporting Act
allows you to receive a free copy
of your credit report.
If you want your credit score, you must pay for that.
Please NOTE, there are many types of score
models. Banks & credit unions use
one called Fair Isaacs or FICO. If you order your score, we
recommend you only
request the Fair Isaacs model. However, TransUnion and
Experian do not offer
Fair Isaac to consumers. TransUnion sells "Your Personal Score
Experian is now selling VanageScore. These score models have different ranges and
you can't compare them to the one
your financial institution will use. Equifax is the
only credit bureau that sells the Fair Isaac score model.
They call their version "Beacon."
FICO scores range from 350 to 850. The average is around
700. 65% of your score is based
on your outstanding credit and how you pay your bills. If
you have no credit cards, loans,
mortgages or revolving accounts, you won't have a score. If
you only have collections or
judgments and no other accounts, you will not have a score.
More local banks, credit
unions and finance companies report to Experian than to the
so you should get more information from Experian.
We recommend that you pull
the Experian first and then
order the TransUnion 4 months
later and the Equifax 4 months after that.
THIS NOTICE IS REQUIRED BY LAW.Read more at FTC.GOV.
You have the right to a free
credit report from AnnualCreditReport.com
or 877-322-8228, the
ONLY authorized source under federal law.