03-05-2013 07:07 PM
So myfico just informed me that my score went from 728 in Feb, then 730 ($3 paydown and finally US Bank reported my 9K paydown....New score = 756!
I also paid off Capital One of 14K in the middle of February. I wonder why it's taking so long for that balance to show as paid?
I am signed up for monitoring with CreditSesame, Myfico, CreditKarma, MyCreditManager, Quizzle and Transunion. I know that's overkill, but I want to get a Business Rental Mortgage in a couple of months since the rent I get doesn't quite cover the mortgage payment. I still need to come up with the down payment or I would probably do it now. It was kind of exciting when I got the email from MyFico though about the score change. I wonder if this can become addicting. I probably need to narrow this list down a bit. Any suggestions on which sites are the most accurate and best deal for the information that you get?
MyFico EQ = 756 (CapOne paydown not showing up)
MyFico TU = 733
CreditKarma = 718 (Risk Score)
CreditKarma = 748 C (Vantage Score)
Quizzle = 704 I don't think I like this site much
Transunion = 746 C?? I think this is the vantage score.
CreditManager+ = 748 (Experian for US Bank)
CreditSesame = 712 (not sure about this one either, the information for some accounts shows from January...)
MyFico seems to be the only site that is aware that I paid down US Bank and all of these think I still owe CapOne 14K . Not sure what to make of all this yet.
03-05-2013 07:26 PM
03-05-2013 07:40 PM
Thanks. I don't really want to pay extra for duplication. I just didn't know much about these sites and which one I should trust.
03-05-2013 07:41 PM - edited 03-05-2013 07:42 PM
03-05-2013 07:53 PM
MyFico - the rest are not real scores. They serve their purpose but if you want an actual FICO- then stick with MyFico.
+1 I have equifax direct, freecreditreport,com for experian and both MyFICO Score Watch and TU Quarterly monitoring so that I can verify when things report.
Equifax lets me order unlimited Equifax reports directly from them for 4.95 this month. At the end of the month I am cancelling the Equifax though.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO