Reply
Established Member
britestar969
Posts: 25
Registered: ‎12-03-2012

Get it together Experian!!!

I'm really wondering what the deal is with Experian?!?!?:smileymad: Their score is almost almost 60 points different than the others.  I have checked all 3 reports and they are reporting the same thing!! What gives??:catmad:


Starting Score: 3/12 TU 533 Ex 458 EQ 519
Current Score: 12/12 TU 619 EX 556 EQ 601
Goal Score: 700
BK7 3/12 DIS 7/12 LAST HP 12/7
Last app 12/7/12 OFF TO THE GARDEN UNTIL 06/14!!!!
In wallet: Merrick Bank 600.00>NFCU sig rewards 500.00
New Visitor
cyowens
Posts: 1
Registered: ‎12-12-2012

Re: Get it together Experian!!!

I'm going to post my own thing, but I hear you. But, I will say this, it is NOT their fault I filed BK, etc; however, I will say that it sucks that I just received my Experian score of 530 when my FAKO CreditKarma Score is 628 (not that that is good). Needless to say, I have a long, long, long way to go. Booooooo :smileysad:

Valued Contributor
Duncanrr
Posts: 2,825
Registered: ‎06-08-2012

Re: Get it together Experian!!!

my EX is my highest. It's definitely YMMV kind of thing.


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 688 TU 727 EX 704 CK 696 (FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Re: Get it together Experian!!!

[ Edited ]

EX scores are a giant mystery.  They do not sell any model of FICO scores to consumers, so what you are getting is a FAKO.  They can be +/- up to 100 points off in some cases.  They can be dead on in some cases.  The only thing you can do it clean your report as much as possible, get a FICO EQ and TU every now and again and assume your EX is in the neighborhood of those, assuming your profile is similar or the same bureau to bureau.  If have a pull done at a bank for a loan of some sort, they can generally tell you what your score was, and what model they pulled.  Additionally, if you are ever rejected for credit, or given less than advertised rates based on your EX score, it is required of the creditor to provide you with the scoring they used as a basis.

 

Bottom line:  Don't worry about your EX score, it's not real anyway.  Focus on the content of your profile instead.

 

As an example, here are my EX FAKO scores from three different sources:

Credit Sesame: 663

Quizze: 681

Eliminate ID Theft: 684

  • 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
Established Contributor
sphinx313
Posts: 562
Registered: ‎02-12-2011

Re: Get it together Experian!!!

It seems that TU is mostly used by the majority of lenders that I am going after, so as long as this doesn't change the other CRA's can shove it lol. I really wish there was more insight to the scoring models but I won't hold my breath.



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


Take the FICO Fitness Challenge
Valued Contributor
Duncanrr
Posts: 2,825
Registered: ‎06-08-2012

Re: Get it together Experian!!!

Im still surprised that the feds havent tried to step more into this realm of banking.  You would thought after the lending crisis they would had done something (I'm glad they havent but just surprised).



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 688 TU 727 EX 704 CK 696 (FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge

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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+