topic Re: Today's Credit Karma Update in Understanding FICO® Scoring

Today's Credit Karma Update

Dustink — Thu, 08 Nov 2012 18:21:01 GMT

Credit Score: Your Score: Change:

1. TransRisk Credit Score	667	-76
2. Auto Insurance Score	751	0
3. VantageScore	782	+23

Re: Today's Credit Karma Update

Dustink — Thu, 08 Nov 2012 18:25:17 GMT

That is a crazy scoring model...It says my utilization went down 8% causing the score change.

Re: Today's Credit Karma Update

GregB — Thu, 08 Nov 2012 20:37:28 GMT

I've tracked numerous examples of changes like that with the additional info that the actual TU FICO did not change at all.

The information on the accounts at CK is fine but the scores are just nonsense.

Re: Today's Credit Karma Update

Dustink — Thu, 08 Nov 2012 20:51:03 GMT

I bet my TU FICO actually went up.

Re: Today's Credit Karma Update

geronimo2008 — Thu, 08 Nov 2012 21:31:06 GMT

I don'tnow that they are nonsense so much as they are just not FICO. In my own case my CK TransUnion score has been steady for months but my TU FICO score recently took a serius dip when I hit certain milestones in my debt repayment program . CK is a place to monitor cahnages in your report. the scores are accurate I suppose but you should bever assume any correlation with FICO>

Re: Today's Credit Karma Update

my-own-fico — Thu, 08 Nov 2012 22:24:26 GMT

I pull Credit Karma every so often for data, but the scoring system is nothing to write home about. I've got As across the board except for one C because I don't have a real lot of trade lines. You might get the feeling that this direction of Credit Karma is encouraged by sponsors, whose business depends on how much you spend.