Why doesn’t the rate in My Credit Rx match the actual rate on my specific loan?

In most instances, lenders do not report interest rate information on accounts to the credit bureaus, which is where My Credit Rx retrieves your information from. To ensure we are providing you all of the info you need to be credit aware for all of your accounts, My Credit Rx reverse calculates an approximate rate based on the information it has access to.

• • For home loans, additional charges such as escrow balances could be missing causing the rate estimate to vary from the actual rate.
  • For credit cards or student loans, the rate estimate may vary as these types of accounts have fluctuating payment amounts and are open-ended.

You are free to edit the rate estimate for your loans to reflect the actual rate at any time. My Credit Rx will save the rate you input and display it for the life of the account.