Reply
Community Leader
Senior Contributor
Posts: 4,336
Registered: ‎09-06-2008
0

Re: Does having a student loan help or hurt your credit?

Yes, many of us use more than one monitoring service just as you are describing.  No harm.

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Regular Contributor
Posts: 591
Registered: ‎11-08-2012
0

Re: Does having a student loan help or hurt your credit?


laz98 wrote:

Yes, many of us use more than one monitoring service just as you are describing.  No harm.


Ok, thanks so much. You have been a lot of help and I really appreciate it.

 

I think I will sign up for both of the free ones. It won't hurt I guess.

 

Since I had the block on my TU account a few years ago, I guess I need to call them to have it unblocked so that KarmaCredit can access my TU account. Grrr :smileytongue:

 

TU: 804 EQ: 810 EX 785


***$7500*** **$10,000*** **$9000**** ***$10250*** **$10,000*** ***$4500*** ***$6000*** ***$8000*** ***open*******open***



Community Leader
Senior Contributor
Posts: 4,336
Registered: ‎09-06-2008
0

Re: Does having a student loan help or hurt your credit?

You are very welcome :smileyhappy:

 

Do you have a fraud alert on your report?  It shouldn't mess up your credit monitoring, but it does happen sometimes.  I have fraud alerts on my reports as well.

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Regular Contributor
Posts: 591
Registered: ‎11-08-2012
0

Re: Does having a student loan help or hurt your credit?


laz98 wrote:

You are very welcome :smileyhappy:

 

Do you have a fraud alert on your report?  It shouldn't mess up your credit monitoring, but it does happen sometimes.  I have fraud alerts on my reports as well.


It's not a fraud alert, it was just a block so no one could pull it.  Pretty much what happened was we were trying to rent a house and the landlord wanted to pull my report (he told us he uses TU), so I had a block put on it so that he couldn't see the negative stuff on it. I pulled the report myself using one of the sites and it gave me a "nice" FAKO score and he accepted it because it wasn't recent and he couldn't pull it. (I guess landlords don't realize that you can get a FAKO score by doing it this way-the same as I didn't realize it either).

 

I hate that people can see a few bad things on your report and think you are a negative payer. If you looked at my report, you would see several mortgage loans ALL PIF AND NEVER LATE for a total of 15-20 years running! I sold my house in 2006 and I can prove that I've even paid my rent about a week ahead of time for every year since. That's what they should be concerned with. So, I guess I freaked out when he said he was pulling it.

 

TU: 804 EQ: 810 EX 785


***$7500*** **$10,000*** **$9000**** ***$10250*** **$10,000*** ***$4500*** ***$6000*** ***$8000*** ***open*******open***



New Member
Posts: 13
Registered: ‎12-03-2012
0

Re: Does having a student loan help or hurt your credit?

  Subscribing to Experian will give their Plus score which I believe is the Experian credit score.


Starting Score: 562-October 2012 (BK discharged)
Current Score: 647
Goal Score: 740


Take the FICO Fitness Challenge
Established Member
Posts: 48
Registered: ‎11-30-2012
0

Re: Does having a student loan help or hurt your credit?

I use Citi's Credit Monitoring and it gives me an Experian score that is fairly accurate. It reported 699 on 11/30 and lender pull had 705 on 12/3 so, as they say, that's close enough for government work!

Chapter 7 Discharged 6/7/11
Sallie Mae 23k @ 4.5% (student loans) reaffirmed
First Premier 700CL opened 07/11 (CLOSED 06/14)
Wells Fargo 15k @ 10.5% opened 10/11 (auto loan)
Barclays Rewards MC 1500CL opened 12/12
Capital One Spark 2500CL opened 02/14
Discover IT 1000CL opened 03/14
As of 11/20/14 myFICO: EQ 675, TU 657, EX 684

Get a myFICO recommended credit card

Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.