They made screenshots of the annualcreditreport.com ordering process. See the TransUnion disclaimer on page 19: "Note: Our Credit Score may not use the same credit scoring model used by a lender when making a lending decision." That's their way of saying that the score is not a FICO. Another way that they say it is on credit report from 3 Butte page 21, where the scale of the score is delineated as 400-925.
TransUnion, if you would like to clear things up for the record, write. Your email will be published right here, on this page. TransUnion's (fka Trans Union) cat-and mouse game goes all the way back to 1999, when all three CRAs' representative asked the oh-so compelling question, "Well, again, what scores?"!!?! Equifax cleaned TUC's and EXP's clocks by being first with a FICO score (BEACON).
The question was disingenuous at the time, and a harbinger of the shell games TransUnion and Experian have played ever since. Congress: Who-- in their right mind-- would go to the trouble of getting their credit report, and then not get their FICO score? Free credit reports were the best thing that ever happened to the credit bureaus. Certainly, the FACT Act amendment to the FCRA (subsection 609(f)) will settle that one. On December 4, 2003, the President signed into law the Fair and Accurate Credit Transactions Act credit report from 3 Butte of 2003. Eleven months later, on 11/8/04, in credit report from 3 Butte the Federal Register, the FTC solicited comments. 3 credit The FTC's own press release said the law directed it to develop a "'fair and reasonable' fee for credit bureaus to charge consumers for a copy of their credit score beginning December 1, 2004," less than a month after soliciting comments. Three years after the FACT Act was signed into law, there was still no price. The FTC explained that Congress didn't set a deadline. In a congressional hearing on credit report disputes in 2007, a Federal Trade Commission representative listed the fee determination under "Tasks still in progress," and submitted that the Commission is "working" on it, and is committed to completing its task "as quickly as possible." In response to congressional questioning, the FTC representative said, "I think that we can come up with a timetable for completing the remaining tasks." (video, at 1:12:00) In the meantime, here's all we've credit report from 3 Butte got: The Commission recognizes that the provisions of FCRA section 609(f) will become effective on December 1, 2004 without regard to whether the Commission has made a determination or given guidance on how it will determine whether a particular fee is fair and reasonable. three credit report Although Congress has directed credit scores be available for a fair and reasonable fee as determined by the Commission, it did not impose a deadline for a determination nor has it required that the determination be made in any particular manner.
Furthermore, there is no indication that Congress meant to require regulated entities to make the required disclosures free of charge. For these reasons, the credit report from 3 Butte Commission interprets section 609(f) to allow regulated entities to charge a fee for required disclosures in advance of any specific Commission determination or other guidance, so long as that fee is fair and reasonable.
Thus, absent credit report from 3 Butte additional Commission action on or before December 1, 2004, consumer reporting agencies must disclose mortgage or educational scores to consumers and may charge a fair and reasonable fee for those disclosures. Indeed, this process is currently used in the states that require similar disclosure. The Commission’s enforcement of the ‘‘fair and reasonable’’ requirement will be by reference to the credit report from 3 Butte extant market in credit scores. Thus, at present the Commission may question any fee that significantly exceeds the current market rates for credit scores, which are currently in the range of $4 to $8.
The FTC's loose, self-imposed deadline: The Commission proposes an effective date of thirty days after promulgation of its final determination. credit reports three The Commission recognizes that the provisions of FCRA section 609(f) will become effective on December 1, 2004 without credit report from 3 Butte regard to whether the Commission has made a determination or given guidance on how it will determine whether a particular fee is fair and reasonable.23 The FTC also testified, "credit report from 3 Butte Currently, many credit reporting agencies appear to be charging fees under $10 to obtain credit report from 3 Butte a credit score." Of course, that is all credit report from 3 Butte a bunch of hooey if the score they sell you isn't the real score.
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