Author Topic: anyone know about the amex credit monitoring service  (Read 2382 times)

Offline myb821

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anyone know about the amex credit monitoring service
« on: April 01, 2011, 10:26:25 AM »
anyone know about the amex credit monitoring service? i saw they are offering first month for 1.99 and then 11.99 a month anyone know if its fico or fako?

Offline myb821

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Re: anyone know about the amex credit monitoring service
« Reply #1 on: April 01, 2011, 12:33:04 PM »
no one has any info?

Offline scwam

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Re: anyone know about the amex credit monitoring service
« Reply #2 on: April 01, 2011, 03:56:06 PM »
Fako's of course. Somewhat off than other Fako's at the same time. It's pretty accurate as any other triple program. Did it last month for the $1.
But they won't let you double up again, at least for me they didn't. It's very user friendly.

Offline Simonzx

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Re: anyone know about the amex credit monitoring service
« Reply #3 on: April 13, 2011, 05:45:48 PM »
anyone know about the amex credit monitoring service? i saw they are offering first month for 1.99 and then 11.99 a month anyone know if its fico or fako?
It's from Experian. I currently have it and feel good with it.

Fako's of course. Somewhat off than other Fako's at the same time. It's pretty accurate as any other triple program. Did it last month for the $1.
But they won't let you double up again, at least for me they didn't. It's very user friendly.

btw, is Experian considered FAKO? why?

Offline AsherO

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Re: anyone know about the amex credit monitoring service
« Reply #4 on: April 13, 2011, 06:47:32 PM »
btw, is Experian considered FAKO? why?

Any score that isn't explicitly marketed as FICO is FAKO by default. If they don't have a contract with FICO to generate scores using the FICO algorithm (which creditors use when evaluating your credit) then they're simulating it (or trying to) with their own algorithm which is likely to be inaccurate.
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Offline Simonzx

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Re: anyone know about the amex credit monitoring service
« Reply #5 on: April 13, 2011, 07:15:55 PM »
Any score that isn't explicitly marketed as FICO is FAKO by default. If they don't have a contract with FICO to generate scores using the FICO algorithm (which creditors use when evaluating your credit) then they're simulating it (or trying to) with their own algorithm which is likely to be inaccurate.
Good to know. Thanks a lot!