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Frequent Contributor
Posts: 431
Registered: ‎05-23-2013
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Re: Difference between MyFico Transunion 98 and Transunion 04 Scores

People are looking at this all wrong. I have enjoyed tracking my TU score on here over the years and although it's not what lenders use, it still gives me a great idea on where I'm at and how I'm improving.

 

 

Myfico scores.....
EX... 805 (11-10-13)
EQ... 810 (12-02-13)
TU... 810 (12-02-13)
Valued Contributor
Posts: 1,651
Registered: ‎05-17-2013
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Re: Difference between MyFico Transunion 98 and Transunion 04 Scores

[ Edited ]

Kratos-TM wrote:

People are looking at this all wrong. I have enjoyed tracking my TU score on here over the years and although it's not what lenders use, it still gives me a great idea on where I'm at and how I'm improving.

 

 


How do you know for 100% your improving if its not the same score lenders use? Like it is defintley two different scores so something that makes your score go up with 98 does not mean it will do the same with 04 or vice versa. Kind of a waste of money if you ask me but to each its own. Also you have to admit myfico miss leads people by saying these are the scores that lenders use when almost no lender uses tu 98 anymore. 

TU08 Fico Score (700)-Goal Score-(750)
AMEX PRG NPSL,AMEX BCE $15,000, Lowes $12000, Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Discover it $6000, Capital One Quicksliver world mastercard $5500, Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500
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Registered: ‎12-30-2011
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Re: Difference between MyFico Transunion 98 and Transunion 04 Scores

[ Edited ]

bigblue7722 wrote:
I think that the only product worth buying on here is your eq score or signing up for score watch. The tu score on here is almost a scam to the average guy just trying to buy his real score. I'm glad I read this forum before I bought anything. The salesman in me has to hand it to myfico they have done a great job making people think these are the scores lenders use when it's 98% not true when it comes to your tu or ex score on here.

Anecdotally for at least my credit card experience, the EX '08 here tracks best with what lenders appear to be using.

 

Of course for a mortgage loan, the EQ score here is the gold standard.

 

This is also a very old thread.

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 693, EQ 8 685, TU 705, EX 709 (02/27/15)
Goal Score: 700 on EQ 04 (01/01/16)


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Posts: 431
Registered: ‎05-23-2013
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Re: Difference between MyFico Transunion 98 and Transunion 04 Scores


bigblue7722 wrote:

Kratos-TM wrote:

People are looking at this all wrong. I have enjoyed tracking my TU score on here over the years and although it's not what lenders use, it still gives me a great idea on where I'm at and how I'm improving.

 

 


How do you know for 100% your improving if its not the same score lenders use? Like it is defintley two different scores so something that makes your score go up with 98 does not mean it will do the same with 04 or vice versa. Kind of a waste of money if you ask me but to each its own. Also you have to admit myfico miss leads people by saying these are the scores that lenders use when almost no lender uses tu 98 anymore. 


 

Because once you accomplish the universal rules of credit scoring, the rules will apply to all versions. We all know the drill................Keep CC's at zero except 1. Leave 1-9% on the one with a balance. Pay all bills on time. And don't keep asking for credit you don't need.

 

We've been hearing that speech for years and we all know it. Do it, and you'll have a high score on ALL versions.

Myfico scores.....
EX... 805 (11-10-13)
EQ... 810 (12-02-13)
TU... 810 (12-02-13)
Valued Contributor
Posts: 1,977
Registered: ‎04-07-2009
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Re: Difference between MyFico Transunion 98 and Transunion 04 Scores

Is you TUC score your middle score ?  First ignore the bureau that has the highest score.. Look the score score reasons that is impacting your score negartively. What can be done to address those score reasons. What is all the information being reported accurate if not address it.

Equifax My FICO score 815 5/28/2012, 818 on 7/28/2014 . Average of Accounts 12 years and no Installment accounts. MyFICO TU 810 6/26/2012 809 4/21/2013 MyFICO XPN -805. 2/26/2014 Discover TU FICO 813 App free since 9/2011
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