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Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Auto Enhanced Experience? Experian

Hey guys,

 

Question for those of you who have experience with Auto Enhanced scores, especially Experian.  My CU starts financing at 640 w/ Experian Auto.  Given that Experian is such a mystery, and the auto enhances just furthers that mystery, I'm wondering if anyone can speak from experience how much variance Auto might provide?

 

As you can see below my scores are a little all over the place, with EQ in the gutter at 599, TU in the middle at ~630 and EX FAKO looking artifically high at 661.

 

I have 3 collection accounts within 24-36 months on EX, and some lates sprinkled throughout.  I have an Auto loan from 06 w/ perfect history, and an Auto loan from 08 w/ perfect history.  In addition, I have two Sallie Mae accounts from 06 w/ perfect history, and an unsecured installment from TD Bank from 09 w/ perfect history.

 

The only difference between my EX and EQ/TU reports is a 6 year old charge off from Verizon.

 

Any ideas?

  • Current: EQ FICO 694, TU FICO 695, EX FICO 698 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $29,500
  • Inquiries (12 Months): EQ 6 TU 3 EX 6 | Most Recent: 1/21/2014
Chase Freedom $5000
DCU Visa $10000
Capital One QS $2000
AMEX BCE $1000
Lowe's CC $8500
WalMart CC $2400
BOA Platinum $600
AMEX Gold NPSL
Moderator
Shogun
Posts: 12,884
Registered: ‎04-15-2011

Re: Auto Enhanced Experience? Experian

My understanding of the autoenhanced scores is that it puts more weight into the installment accounts.  So if I am right, it should help your score.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Re: Auto Enhanced Experience? Experian

I wish EX wasn't such a mystery.

 

I'm getting bored and frustrated Shogun.  Tell me to send a couple GWs and ignore my credit for a few days.

  • Current: EQ FICO 694, TU FICO 695, EX FICO 698 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $29,500
  • Inquiries (12 Months): EQ 6 TU 3 EX 6 | Most Recent: 1/21/2014
Chase Freedom $5000
DCU Visa $10000
Capital One QS $2000
AMEX BCE $1000
Lowe's CC $8500
WalMart CC $2400
BOA Platinum $600
AMEX Gold NPSL
Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Re: Auto Enhanced Experience? Experian

Ignore that last part Shogun :smileywink:

  • Current: EQ FICO 694, TU FICO 695, EX FICO 698 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $29,500
  • Inquiries (12 Months): EQ 6 TU 3 EX 6 | Most Recent: 1/21/2014
Chase Freedom $5000
DCU Visa $10000
Capital One QS $2000
AMEX BCE $1000
Lowe's CC $8500
WalMart CC $2400
BOA Platinum $600
AMEX Gold NPSL
Moderator
Shogun
Posts: 12,884
Registered: ‎04-15-2011

Re: Auto Enhanced Experience? Experian

Lol.. OK,,, Send some GWs and ignore your credit for a few days.   Scratch that.     :smileyhappy:


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

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