Quote:
Originally Posted by Porsche-O-Phile
How is it that any number of nameless entities can pull my FICO and have it in five seconds flat but I have to pay for it and go through some elaborate process to get it?
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I own a small car financing company. We pay $12 each time we pull a credit report, in addition to a yearly membership fee for Equifax. The process for you pulling your own is exactly the same. Enter all your vitals, credit card info and you'll have it right away. If you want it for free, they do make you jump through hoops and ladders, but don't think lenders are getting a free ride and getting it easy. In 06 we spent over $1000 in Equifax charges.
edit: BTW, that $12 doesn't include the FICO score. That's extra. We don't use FICO or beacon scores, so we don't pay for them.