I guess because I'm carrying $42k of debt right now (they consider medical collections debt) and I make $55k a year?
Really I'm only in about $30k of debt, and $26k of that is a new 1.9% 3 year car loan.
@CreditCuriousity wrote:
@DeeBee78 wrote:
@dallasareaguy wrote:I use another site for monitoring credit because myFICO sadly is unable to pull my reports.
My score reported as a 630 Trans Union this morning on this particular monitoring site and is
recommending I have a FAIR chance of approval of Venture One.... with a 630???
Let me guess, CreditKarma?
I have a 642 TU FAKO from there and it's recommending the Amex EveryDay and VentureOne. Both which have been denied to me in the past 4 months.
It's also recommending I file for Bankruptcy, so read into that all you want.
Are you serious?? Is this ethical even? Guessing they advertise a lawfirm to help and get commision off that? Never heard of such a thing! They use to give me lexington law when I was cleaning up my report, but this is like wow!
Yes it shows the same for me. My utilization is 2% on my TL's. I'm guessing it's advertising. OP I wouldn't put any stock in recommened cards either and their approval odds. It's all advertising. CK is good for monitoring accounts being added or reviewing them and to see if INQ's hit either EQ or TU but the scores are not something I'd go by if deciding to apply for something. Just to give you an idea of how off the scores there are I pulled EQ and TU 3B reports here yesterday that deliver a true FICO 08 score. My EQ is 689 and TU is 692. If you're going by what they show and your real score are lower you might be declined on cards you think you can get and if they are higher than what CK reports you might be selling yourself short from applying for better cards. Here's what they show me at:
Edit: I just noticed how old this was as well. My current true FICO comparision to CK's listed score is still useful info though.