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Dear Credit Report Subscriber,
As you are aware, we recently sent a notice announcing a new FICO credit score surcharge on TransUnion credit (hard pull) and prequalification (soft pull) reports. After lengthy discussions between all parties, the assessment of the FICO credit score surcharge on TransUnion prequalification (soft pull) reports has been temporarily placed on hold. TransUnion will reassess implementing the surcharge on prequalification reports mid-year 2019. Therefore, at this time, there will be no surcharge added to TransUnion prequalification (soft pull) reports. The surcharge will still be assessed as of January 1, 2019, as previously notified, on TransUnion credit (hard pull) reports.
We thank you for your understanding and support as we navigate through this significant change in our industry. If you have any questions or need further information, please don’t hesitate to call us at (800) 448-0183.
Sincerely,
Credit Bureau Connection, Inc.
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