Thursday, February 12, 2009

Happy Valentine's Day from Experian!

Yes, Experian, the credit reporting agency, has a Valentine's Day gift for you.

On February 14th, you will
NO LONGER BE ABLE TO PURCHASE YOUR EXPERIAN FICO SCORE.

There are other agancies that give out credit scores, but only FICO scores are the ones that matter when it comes to getting a credit like a mortgage, car, or a credit card. For example, mortgage lenders go by your middle score. How do you know what your middle score is? You can't. Oh, wait, you can, but only by having a lender pull your credit, thereby putting a "ding" on your credit, which can lower your credit score.

In these hard economic times, it's great to know that we can be screwed over just once more by the credit industry.

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