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Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007
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Re: Is Experian VantageScore a FAKO?

Yea.. something is up. I have seen consistent Orchard approvals in the <500 range.
Established Member
renov8r
Posts: 35
Registered: ‎05-03-2007
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Re: Is Experian VantageScore a FAKO?

Thanks for the advice, my concerns have been alleviated somewhat.  I called Orchard and they said that my Experian report came up blank on the date they pulled it!  She pulled my TU and I was approved automatically.  This doesn't answer why my EX is lower than my other two, or why AMEX added my HELOC to my CCD balances...
 
I was approved for a whopping $500 CL!!  I plan on treating all of my CCs of having a 30% CL, so my actual limit is $150...
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Is Experian VantageScore a FAKO?



renov8r wrote:
Thanks for the advice, my concerns have been alleviated somewhat.  I called Orchard and they said that my Experian report came up blank on the date they pulled it!  She pulled my TU and I was approved automatically.  This doesn't answer why my EX is lower than my other two, or why AMEX added my HELOC to my CCD balances...
 
I was approved for a whopping $500 CL!!  I plan on treating all of my CCs of having a 30% CL, so my actual limit is $150...



Congrats! I knew something wasn't right.
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MercyMe
Posts: 429
Registered: ‎04-07-2007
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Re: Is Experian VantageScore a FAKO?

Hummm ....  I received my initial TU report in the mail, a few weeks back, and the score they sent me was my VANTAGE score.  I can't tell you what the numerical figure was, as I don't have access to it, right now; but, I do know the letter grade.  D.  Am I supposed to conclude then that my TU Fico of now 687 is equal to a Vantage score of D?  It's all so very discouraging.
Established Contributor
Revike
Posts: 720
Registered: ‎05-04-2007
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Re: Is Experian VantageScore a FAKO?



renov8r wrote:
This doesn't answer why my EX is lower than my other two, or why AMEX added my HELOC to my CCD balances...




It's my understanding that Amex applies their own internal scoring analysis when reviewing a credit report, instead of just accepting the classic or bankcard FICO score associated with the CRA they pull from. From your comments, it sounds like the Amex proprietary analysis may penalize applicants who carry a HELOC.
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fused
Posts: 16,373
Registered: ‎03-12-2007
0

Re: Is Experian VantageScore a FAKO?



MercyMe wrote:
Hummm ....  I received my initial TU report in the mail, a few weeks back, and the score they sent me was my VANTAGE score.  I can't tell you what the numerical figure was, as I don't have access to it, right now; but, I do know the letter grade.  D.  Am I supposed to conclude then that my TU Fico of now 687 is equal to a Vantage score of D?  It's all so very discouraging.


I had a similar experience with Vantage.  My EX FICO was 759 when I pulled EX Vantage and I scored a low "B".  WHATEVERS!  No question, Vantage scoring is a bit different.  Seems there is less emphasis on util and available credit, and possibly more on all balances owed, maybe, this includes installment TLs but I'm not sure.
Credit Profile -
FICO 08 Scores (11-08-2014): EQ 818, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1


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