Unless Experian and Fair Isaac can figure out a way to reignite the fire in their marriage before Valentine's Day, we will no longer have the ability to access FICO scores based on Experian data. Creditnet.com received notice last week that Experian sent a termination letter to Fair Isaac in mid January that will apparently end the rocky relationship between the credit bureau and the developer of the 800-pound gorilla of credit scores. Equifax and TransUnion FICO scores will still be available at www.myfico.com; however, Experian FICO scores will no longer be accessible from myFICO or anywhere else for that matter.
Freeze Your Credit Reports to Prevent Identity Theft
While millions of consumers continue to fall victim to identity theft each year, many are starting to fight back with new tools— credit alerts and credit freezes. Sounds effective, right? Though they are a great way to prevent thieves from opening new credit in your name, credit alerts and freezes are unfortunately not a total silver bullet. So, before you rush out to lock up your credit, read on to learn about these techniques, how they can prevent identity theft , and where they might fall short.
