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Valued Contributor
Duncanrr
Posts: 2,841
Registered: ‎06-08-2012
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First score over 700 (it's FAKO but still nice)

I know it's just a FAKO but its my first score over 700. Credit Sesame jumped 58 pts to 712. Which score reporting agency do they base their scores?


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

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Valued Contributor
Repo-ed
Posts: 2,953
Registered: ‎02-09-2012
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Re: First score over 700 (it's FAKO but still nice)


Duncanrr wrote:
I know it's just a FAKO but its my first score over 700. Credit Sesame jumped 58 pts to 712. Which score reporting agency do they base their scores?

Their own?

 

Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
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Re: First score over 700 (it's FAKO but still nice)


Repo-ed wrote:

Duncanrr wrote:
I know it's just a FAKO but its my first score over 700. Credit Sesame jumped 58 pts to 712. Which score reporting agency do they base their scores?

Their own?

 


Credit Sesame uses Experian information, is what I believe the OP was asking -- Clearly, as it's a FAKO it is their own SCORE, but Credit Sesame pulls Experian.

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
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lithium78
Posts: 929
Registered: ‎07-30-2011
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Re: First score over 700 (it's FAKO but still nice)

Credit Sesame's FAKO scores can't be trusted, but congratulations on the progress you are making.  Keep up the good work!


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

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Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
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Re: First score over 700 (it's FAKO but still nice)


lithium78 wrote:

Credit Sesame's FAKO scores can't be trusted, but congratulations on the progress you are making.  Keep up the good work!


No FAKOs can be trusted haha

 

It's all about the small wins in life tho!

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
Valued Contributor
Duncanrr
Posts: 2,841
Registered: ‎06-08-2012
0

Re: First score over 700 (it's FAKO but still nice)

I know you can't trust FAKO's but it's nice to see general upwards movement. My CK has dropped like 40 pts on one but the other CK score has gone up about 30 in same time frame. Other than Penn Fed CU, where can I get EX score? If I did a mortgage check would I be able to get it from there?


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
Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
0

Re: First score over 700 (it's FAKO but still nice)


Duncanrr wrote:
I know you can't trust FAKO's but it's nice to see general upwards movement. My CK has dropped like 40 pts on one but the other CK score has gone up about 30 in same time frame. Other than Penn Fed CU, where can I get EX score? If I did a mortgage check would I be able to get it from there?

Yeah but you'd also get a hard inq on your file, so its your call.. but yeah, a mortgage pull would give you your EX

 

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
Moderator Emeritus
MarineVietVet
Posts: 14,084
Registered: ‎07-14-2009
0

Re: First score over 700 (it's FAKO but still nice)


Duncanrr wrote:
I know it's just a FAKO but its my first score over 700. Credit Sesame jumped 58 pts to 712. Which score reporting agency do they base their scores?

From the CMS Guide here onsite:

 

CreditSesame - FREE - FAKO (EX's National Equivalency Score) - Like with Quizzle or CreditKarma, CreditSesame also offers a free credit score and report overview on a monthly basis. It'll show individual accounts, along with overviews on installments, revolving debt, etc. Based on the data, you'll be provided offers to refi, consolidate, and so on. The FAKO is a National Equivalency Score and that runs on a scale of 360-850.

Valued Contributor
Duncanrr
Posts: 2,841
Registered: ‎06-08-2012
0

Re: First score over 700 (it's FAKO but still nice)

@Scott. Not true. You can do a soft pull mortgage check. Typically these are done 6-8 months outside of new mortgage. I just need to find bank that will do this and pull ex for me. My credit union dies EQ and TU so no luck there.


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
Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
0

Re: First score over 700 (it's FAKO but still nice)

[ Edited ]

Duncanrr wrote:
@Scott. Not true. You can do a soft pull mortgage check. Typically these are done 6-8 months outside of new mortgage. I just need to find bank that will do this and pull ex for me. My credit union dies EQ and TU so no luck there.

Hmmm.. Didn't know that..

 

my LO told me it was gonna be a hard which is why I never pursued it prior to the mortgage haha

 

Everything I read on multiple sites and forums convinced me standard mortgage pulls are hard, I didn't know of any banks that did softs for preapproval or even for investigative purpose...  I just assumed my EX would be my lowest and went from there haha

 

Interesting to know tho..

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX

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