I am in the process of refinancing my mortgage, today I got a letter from the bank with a bunch of mumbo jumbo and at the bottom was my fico, 759 which is up from 707 a year or so ago.
Assuming you've made all your payments on time, and you are refinancing as you have built up a great credit rating, and qualify for really low rates ...
The letter you received was part of FACTA, the Fair and Accurate Credit Transactions Act. FACTA requires that everytime a creditor checks your credit at your request as part of a credit application, you receive a letter with your scores and a disclosure regarding FACTA.
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