Seven Different Credit Scores for Sale Cause Confusion
SmartMoney reports there are now seven different credit scores for sale available on more than 20 websites inevitably leading to confusion among consumers. Experian, Trans Union, and Equifax each sell their own credit scores. The FICO traditional score is the one used by the great majority of lenders.
A class action recently filed in a federal court in San Diego alleges that Experian’s subsidiary Consumerinfo.com that operates www.freecreditscore.com is deceiving customers in selling Experina’s PLUS credit score. The lawsuit alleges the score is not one typically used by lenders.
Read more: Which Credit Score is Best? – SmartMoney.com