FICO Credit Score and Online Credit Report Discounts from myFICO

Consumer credit & money tips

• Under U.S. law, the three major credit reporting agencies are required to let you examine your credit report at no charge once each year. Also, you can purchase your FICO® credit score for only $7.95. Visit annualcreditreport.com.
   
• Check out Credit Education 101 for tips on how to improve your credit score and more.
   
• Learn about the five areas of credit scoring and what you can do to improve your FICO credit score.
   
• Learn about the most recent changes in FICO® scores.
  
  
• FALLACY: A poor credit score will haunt me forever.
  
  FACT: Just the opposite is true. A score is a "snapshot" of your credit risk at a particular point in time. It changes as new information is added to your bank and credit bureau files. Learn more about credit score facts.
   
• For a low, union-member-only cost, you can check your FICO score information and fix any errors you find before you apply for a loan.
   
• Visit the myFICO Credit Education Center.

FAQ

How does a foreclosure or short-sale affect my score? 

Credit bureau reports are limited in how they represent foreclosures today, so it's generally not possible to tell from the credit report if a reported foreclosure is a short sale, deed in lieu of foreclosure, settled account, regular foreclosure, or some other variation.

The FICO® score treats all of these descriptions that appear on credit reports as serious delinquencies, so they have an impact on the score similar to the impact from a charge off, tax lien or account included in bankruptcy.

How Do I Access My Report?

Answer:  

To access your FICO® scores and credit reports:

1. Log on to your account at https://www.myfico.com/SystemAccess/Login.aspx

2. Scroll down to the score/report you want to access and click on the "View" button

3. Click on "Printable View" to see the entire report contents, or navigate through the FICO score and Credit Report sections using the navigation bar at the top of your report.

To understand your report and FICO® score, please visit our Credit Education Center. This link will take you directly to our Report Display tutorial: http://www.myfico.com/crediteducation/videos/Credit-Report-Display.aspx?demo=yes

What are the requirements for a FICO® score?

Answer: 
        
In order for a FICO® score to be calculated, a report must contain these minimum requirements:
 

• At least one account that has been open for six months or more
• At least one undisputed account that has been reported to the credit bureau with in the past six months
  
• No indication of deceased on the credit report (Please note: if you share an account with another person this may affect you if the other account holder is reported deceased).
  

How do I access my account?

Answer:  

To log on to your account, click here or follow this link: https://www.myfico.com/SystemAccess/Login.aspx. Scroll down the center of your homepage to see all of your active purchases, FICO® scores and bureau reports.
If you have forgotten your log on information (user name, password or both), please click here or follow this link: https://www.myfico.com/SystemAccess/ForgotMemberInfo.aspx?ReturnUrl=&CreditKit= &

What is a good FICO score?

Answer:

Since there is no single "score cutoff" used by all lenders, so it's difficult to say what a good FICO score is outside the context of a particular lending decision. For example, one auto lender may offer lower interest rates to people with FICO scores above 680 while another auto lender may use 720. Your lender may be able to give you guidance on their criteria for a given product.

Your FICO score gives you a good idea where you stand as compared to other U.S. consumers. When you purchase your FICO scores, you can see a chart displaying your FICO score and the percentage of U.S. consumers with a score lower than yours. However, a particular lending institution may consider different FICO score cut-offs and/or may take other factors into consideration outside of the FICO score.

Eligibility

myFICO products are currently not available in Puerto Rico, Guam, Virgin Islands, and Canada.

Who is eligible?

• Dues-paying labor union members of participating unions
• Retired labor union members
• Spouse, domestic partners, and children may be included
• Widows/widowers of union members
• Union Plus credit cardholders

Customer Service

• You can reach myFICO customer service at 1-800-319-4433, Mon-Fri 6 am to 6 pm PST and Sat 7 am to 4 pm PST.
   
• Link to the myFICO Online Support Center here.

We realize that sometimes you may need help with a concern about using a Union Plus program. The Union Plus Member Advocacy Program, staffed by OPEIU Local 2 members, is here to help you resolve any problems. Contact us at 1-800-472-2005 (8:30 a.m. - 4:30 p.m. ET, weekdays) or online at UnionPlus.org/Customer.