My Credit Plan has released its 2019 results – and shows phenomenal success. The average FICO® score increased 53 points for those who enrolled into My Credit Plan during 2019 – which means an improvement between 2 to 3 grades better in mortgage and auto loan terms. That is a lot of money saved.
2019 Results for My Credit Plan
The 2019 clients enrolled into My Credit Plan showed tremendous results throughout. Here is additional results for those who achieved a 30 point improvement, a 50 point improvement and a 100 point improvement:
- 30 Point Improvement 63%
- 50 Point Improvement 44%
- 100 Point Improvement 13%
Statistically speaking, My Credit Plan is vastly outperforming Experian Boost™ with a success rate that is 4 and a half times better.
Why are My Credit Plan’s Results Better?
It comes down to one issue: many more solutions.
Experian Boost™ simply adds a utility account to your Experian credit report to possibly improve your Experian Classic FICO score a few points. Experian Boost does nothing to your TransUnion or Equifax FICO Scores.
Credit Assured™– who many lenders use - just looks to possibly pay down an account here or there. It does nothing more.
My Credit Plan adds additional options of what accounts to keep open, what account to close, what accounts to refinance, what accounts to use. It also identifies more options to pay down than Credit Assured.
On average, you get better results when you have 2 to 3 times more solutions. That is why My Credit Plan has had better results.
Even though there is a minimal cost that generally runs less than $150 for the first 3 months, the savings is usually much greater.