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EQUIFAX SCORE GOES UP SO SLOW WHY?

New Member

EQUIFAX SCORE GOES UP SO SLOW WHY?

Hey,

 

I'm new to to the forum and I think its great so far. Ok I'm in my early 30's and started off with poor credit report and decided to do something about it. Got a new job and paid off derogs on my credit report. Paid off 5 derogs in two months and scores went from very low 500's to low 600-640. I opened a cap on secured and I'am so happy. The question is why does it take equifax so long to go up trans and experian have gonne all the way up. Does equifax update every 30 days or what thanks in advance

EQ 616, Trans 640, EX 640
Message 1 of 16
15 REPLIES
Valued Contributor

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

I have the same thing. Scores in 650's but EQ down in muck at 625. One thing, they are slower than EX in updating and I think they weigh lates more heavily. That's really only thing I have on my CR's and my score for EQ is the lowest.


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Message 2 of 16
Regular Contributor

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

never knew this was happening to anyone else; i swear EQ has a kungfu grip my account statuses.

 

all i've read until now is how slow TU is to update but more times than not they are the first to remove/correct for me. wouldn't know about actual scores since i don't check mine beyond refreshing CK every day... i do plan to pay for FICOs once the dispute period is over though


Starting Score: EQ FICO 588 EX FICO 587 TU FICO 588
Current Score: EQ FICO 660 EX FICO 642 TU FICO 606
Goal Score: 680
Message 3 of 16
Super Contributor

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

Just to maked sure, you are taking about FICO scores?  Where did you get your scores from?

 

If you still have a major derog on your CR, it may take some time for your score to see significant improvment vs. lower util which can show improvment the moment they are reported.

12/08/2017 FICO: EQ 843 TU 849 EX 844
Message 4 of 16
Valued Contributor

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

My scores are from here. Have both SW and quarterly monitor. EX is from USAA. (FAKO but around where mt TU is and I had AMEX pull in March and that was also consistent with my TU score at the time)


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Message 5 of 16
New Member

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

I got my scores directly from Equifax and Experian are these scores accurate

EQ 616, Trans 640, EX 640
Message 6 of 16
Regular Contributor

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

mine are from lender pulls but, as i've been reading in the forums, the scores provided from the EQ and TU sites are FAKOS and myFICO is the only place (other than lenders, of course) to get real FICOs


Starting Score: EQ FICO 588 EX FICO 587 TU FICO 588
Current Score: EQ FICO 660 EX FICO 642 TU FICO 606
Goal Score: 680
Message 7 of 16
New Member

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

wow I had no idea fakos were false scores I just learned something new today

EQ 616, Trans 640, EX 640
Message 8 of 16
Regular Contributor

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

some say they're close to their actual FICO scores and some say they're way off, so i think that's why no one wants to get their hopes up or get discouraged by FAKOs


Starting Score: EQ FICO 588 EX FICO 587 TU FICO 588
Current Score: EQ FICO 660 EX FICO 642 TU FICO 606
Goal Score: 680
Message 9 of 16
Regular Contributor

Re: EQUIFAX SCORE GOES UP SO SLOW WHY?

My FAKO from my Equifax "monitoring" on their website is almost 75 points lower than my EQ that I pulled here. I check my FAKO on EQ just about daily (no real reason other than habit) but when I really want to know my score I buy my EQ and TU from here, have no idea how to get EX so I just try to "guess" what it is by looking at what my FICO EQ and TU are. And for some reason my EQ is like always 15-20 pts lower than my TU. They do weigh lates and derogs more heavily. They also weigh your AAoA a little more heavily IMHO (just based on my individual experience). I always keep fingers crossed whenever I app for something that whoever pulls my credit pulls TU....my score with them makes me happy Smiley Happy lol
Message 10 of 16