- Platinum Member
- Posts: 93
- Joined: Thu Nov 06, 2014 11:53 am
- Location: United States
I think I still am a gardener after all.
I have no idea what my FICO is.
And I don't care to know. (That is a good gardener trait, isn't it?)
Here's why I don't care to know:
1. The three credit bureaus withhold this score when asked to provide a free credit report, which the FCRA (Fair Credit Reporting Act... that one I already knew) requires these bureaus to provide to consumers upon request at no charge annually. Equifax, Experian, and TransUnion have set up this b*llsh*t scheme where they will send you a credit report, but charge you for your score. In fact, all three credit reporting bureaus make it so difficult and tricky to get a credit report without paying them something for it, it boils my blood. What kind of sick and twisted minds dream up the maze of schemes these bureaus have created to SKIRT FEDERAL LAW for another buck?
They can go stuff themselves, as far as I'm concerned. I've sent all three bureaus CERTIFIED MAIL requesting the credit reports that we are entitled to under the law. I had two entitlements in the instance of this case. One, I hadn't made such a request in years. Decades. And two, someone had stolen my physical Chase credit card (no charges were made, I called immediately)... and I had filed the appropriate alert report with the credit bureaus, which entitled me to a report within that 90 day period. I tried to get the request done online, but no matter what, was redirected to have to pay for it. I tried calling, but no matter where I went in their phone tree, I had to pay for it. So I sent a certified letter to all three bureaus, and only ONE sent me a report. The other two ignored my CERTIFIED MAIL request. Even for just a report (I did not request a score), as per the FCRA requirements. Nothing.
So they can keep their ruse of a money grabbing FICO score scheme to themselves. I'll never pay a single solitary dime to know what it is.
2. The second reason why I don't care what my FICO score is... is because I have no control over it. Or at least, so I thought for many years. I don't create the score. I don't use the score. I can't control the score. So what care I about the score? That's for creditors and card issuers and banks to pay for and fret about.
The only thing I can personally control is MY behavior. The only behavior that I can actually do as far as credit is concerned is pay my bills on time. That's it. What else can I really personally do? What other power do I have over that mythically created score that they want me to pay for? Just make sure that whatever promises I make, I keep. Whatever obligations I incur, I satisfy per what I agreed to. I have no other control to manipulate the score that I have no use for.
Or at least... so I thought. Reading these forums gives me some pause in my previous assumptions. It appears that there are other behaviors I can do... such as having more open lines of credit... that fall within their (whoever "they" are) statistical models that would make them "perceive" me to be more credit worthy. Ok, so I'll learn this game, with the help of many posters here.
But at the end of the day, I still think about a rancher I once worked for. He purchased 200 acres of grazing land on a handshake. That's it. No written contract. Just the bond of his word, a look in the eye, and a handshake. The terms were 30 years, and he paid it off in 10. I'm glad I met that rancher in high school, because I've abided by his philosophy ever since. That maybe why I got stuck in the "garden" so many years, and didn't even realize it.
AmEx Platinum Charge: NPSL, $450 AF
AmEx Reserve Credit: $30K limit, $450 AF
Chase Slate Visa Credit: $32K limit, No AF
Near Term: Need a good MasterCard for places that won't accept AmEx or Visa
Long Term: Will downsize out of one or both current AmEx cards to reduce AFs