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Frequent Contributor
Posts: 291
Registered: ‎03-17-2011
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Re: Why are my scores so different? 82 Points?

Regarding the reason I asked about the lender pull was to see if there were any significant changes to your tradelines (like a recent collection or something else that may have popped up) that would have that affect. The only thing I can think of is a super-recent item that we're overlooking. 

 

Regarding the CA: How far up the pecking order did you go with the First Premier collection? Most times you will get zero results talking to some lackey. 

Re-entered the garden on 9/16/2013.


Starting Score: (TU) 517 (EQ) 469 (EX) 519 (6/1/2010)
Current Score: (TU98) 714 (TU04) 712 (EQ Beacon 5.0) 672 (EX -FICO v2) 724 (6/13/13)
Goal Score: 700 Club for all 3 (2 out of 3 so far)


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Valued Contributor
Posts: 1,671
Registered: ‎05-24-2007
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Re: Why are my scores so different? 82 Points?

Both reports seem to have lots of negatives and I wonder why either is above 600. I assume the Collection and Charge Off on TU are having a bigger effect than the large number of 120 Day Lates on EQ.

 

I would work on those two items first.

 

It does look like you won't be buying a house soon if you have to wait for those to age off your reports.

Regular Contributor
Posts: 129
Registered: ‎02-14-2012
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Re: Why are my scores so different? 82 Points?

I just re pulled my Equifax from my fico and here is what I have left for negatives.  I have attempted a PFD with porfolio and they have not budged, I even emial the vice president who said they would not PFD.  Should I pay this off now and attempt a GW?  Same for First Premier Bank?  Let me know what your thoughts are.  I have sent a letter to NBC to find out if they can makes adjustments to the payment history on that account as well.  Any help would be appreciated.  Equifax is at 639

FST Premier

 

11/2008

$424

120+ days past due

 

 

Cap One

 

5/2011

$29

Pays account as agreed

No

 

Stb/Glelsi

XXXXX4303

9/2001

$6,253

Pays account as agreed

No

 

Wellsfargo

XXXXXXXXXXXX0004

5/2002

$0

Pays account as agreed

 

 

Wellsfargo

XXXXXXXXXXXX0002

8/2003

$0

Pays account as agreed

 

 

Wellsfargo

XXXXXXXXXXXX0001

8/2003

$0

Pays account as agreed

 

 

Wellsfargo

XXXXXXXXXXXX0003

9/2001

$0

Pays account as agreed

 

 

Wellsfargo

XXXXXXXXXXXX0005

1/2003

$0

Pays account as agreed

 

 

Portfolio

 

3/2009

$751

120+ days past due

No

 

Hsbc Bank

 

2/2007

$0

Bad debt/collection

 

 

Nat Bk Com

 

1/2004

$0

120+ days past due

 

 

Wellsfafi

XXXXXXXXXXXXX9001

6/2007

$0

Pays account as agreed

No

 

Nat Bk Com

 

7/2003

$0

Pays account as agreed

No

 

Nat Bk Com

 

3/2002

$0

Pays account as agreed

No

 

 

Frequent Contributor
Posts: 291
Registered: ‎03-17-2011
0

Re: Why are my scores so different? 82 Points?

My opinion is that there is something drastically wrong with either your EQ or your TU. Something isn't reporting correctly or something hit your TU so recently or so hard that it is causing this discrepancy. 

 

Any idea what your EXP Fico is? With FHA they're going to take your mid-score and that might be a good indicator as to which CRA is off. Yes, I know you pulled a TU98 and that's outdated, but I can't imagine it being as far off as that. 

 

I'm honestly baffled as to why the difference between TU and EQ. 

Re-entered the garden on 9/16/2013.


Starting Score: (TU) 517 (EQ) 469 (EX) 519 (6/1/2010)
Current Score: (TU98) 714 (TU04) 712 (EQ Beacon 5.0) 672 (EX -FICO v2) 724 (6/13/13)
Goal Score: 700 Club for all 3 (2 out of 3 so far)


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Valued Member
Posts: 40
Registered: ‎06-11-2011
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Re: Why are my scores so different? 82 Points?

I have no input on the score differances, but as for the FHA needing a 640 FICO, it is actually a 580 FiCO to be considered

 

from the websiteGenerally speaking, to get maximum financing on typical new home purchases, applicants should have a credit score of 580 or better. Those with credit scores between 500 and 579 are, according the the FHA guidelines, "limited to 90 percent LTV".





 

http://www.fha.com/fha_article.cfm?id=200



Starting Score 12-2011: EX 640 FAKO TU 550 FAKO 6-2011
Current Score 3-2012: EX 635 TU 603 myFICO 3-2012 EQ 670 MyFICO
Goal Score: 720


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In the Garden, trying to avoid the Christmas temptation. Last app 9/2012
Established Contributor
Posts: 734
Registered: ‎02-01-2012
0

Re: Why are my scores so different? 82 Points?

Both reports seem to have lots of negatives and I wonder why either is above 600. I assume the Collection and Charge Off on TU are having a bigger effect than the large number of 120 Day Lates on EQ.

 

I would work on those two items first.

 

It does look like you won't be buying a house soon if you have to wait for those to age off your reports.

------------------------------------------------------------------------------------

 

That's true

Start (Sept 2011): low-mid 600s. NOW: TU FICO: 801, EQ FICO 808, EX FICO 798 (PSECU). Goal: Achieved! Now Maintain!
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Regular Contributor
Posts: 132
Registered: ‎11-14-2011
0

Re: Why are my scores so different? 82 Points?

the difference between my TransUnion and Equifax is more than 100 points -- check out my sig below

 

funny thing is, eyeballing the two side by side, the Equifax looks like it should yield the higher score... bizarre

 

won't even pretend to understand the voodoo. My energies are directed toward doing everything I can do to stay current on all my accounts, husbanding my credit lines, etc


Starting Score: 653 (11/1/2011 TransUnion)
Current Score: 719 (5/3/2012 TransUnion) 572 (3/21/2012 Equifax) 762 (4/14/12 VantageScore)
Goal Score: 700


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New Visitor
Posts: 1
Registered: ‎05-24-2012
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Re: Why are my scores so different? 82 Points?

Experian says 745, bank pulls credit and Experian says 709. Absolutely NO CREDIBILITY in this system. Anyone explain why?

Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
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Re: Why are my scores so different? 82 Points?


toobigtosucceed wrote:

Experian says 745, bank pulls credit and Experian says 709. Absolutely NO CREDIBILITY in this system. Anyone explain why?



Because Experian offers scores but they are not FICO scores. Your bank very likely pulled a FICO. The two cannot be compared because lenders don't use the same scores Experian offers.

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