EX vs. FICO

[AssistanceRequired]

Saturday, I got a copy of my credit report from EX and my score was 648. All my account balances were up to date.  Presently, I have FICO Score Monitor (EQ) 633 and Quarterly (TU) 648. Sunday, I got a copy of my EX through FICO, my score was 632, and all my account balances were incorrect reflecting higher balances than they actually are.

HELP, please explain what has happened.  I need a score of at least 660 on all three because there is an apartment in a complex I would like to apply for I am not sure which report they will pull. 

What can I do?  Thanks,  AssistanceRequired

[Junejer]

Hello Assistance. Your EX just has not updated yet. Sometimes, the CRAs get stuck on pause and don't update for awhile. It seems that different people have problems with different CRAs not reporting. Some say it's EQ, for me it is TU, who is slow, while others yet state the TU is the quickest at reporting updates.

At any rate, you should give the CRA a good 30-45 days for the reports to update.

[Trishco]

I've had this happen as well.

Byrdman, do you mean that the cra (EX) doesn't update to myFico?

For example, myFico of 04/08 doesn't have correct balances that my updated report (after disputes) from TU has which was dated 04/01.

I think I was under the impression that myFico was basically a consolidation of all 3 reports at the time pulled with up to date info.  Wishful thinking?

[Anonymous]

MyFICO does not store the credit data-

It requests the data from the CRA's=

The data on your report has not been updated with your new ower balances-

Most will update w/i a few days of your statement.

Ignore any scores directly from EXperian- they are fako's.

[AssistanceRequired]

Hi Folks,

Thank you all for your reply's.  You've given more perspective on how the information is transfered. 

I am just a little impatient.  It is very reassuring to have someplace to express your concerns and actually receive helpful and informed responses.  I have a bankruptcy dischaged in September 2006.  If I came here immediatily after the discharge, I would been a member of the 700 club by now.

Thanks again.

Assistance.

[Anonymous]

Dispute your balances with experian online.