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Valued Member
jahsoul357
Posts: 40
Registered: ‎02-06-2009
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Question regarding Experian and myFICO pulls

How is everyone doing? My question is basically a piggy back of this thread here:

 

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Late-payments-after-charge-off/td-p/28298

 

My annual report Experian pull only shows an old charge off having 3 lates with the last being 2008 but my Experian myFICO pull shows 26 90 day lates with the most recent being last month. Is this normal behavior and is this having a major negaitve impact on my score? Thanks...

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Valued Contributor
AndySoCal
Posts: 1,895
Registered: ‎04-07-2009
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Re: Question regarding Experian and myFICO pulls

Is the Charge off account paid or unpaid ? If it is unpaid then  late dates can be reported until it is paid.

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
Valued Member
jahsoul357
Posts: 40
Registered: ‎02-06-2009
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Re: Question regarding Experian and myFICO pulls

It's unpaid but what's throwing me off is it only looks like this on the myFICO pull. I pull the consumer report from Experian and it only shows 3 lates. 

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Revelate
Posts: 9,016
Registered: ‎12-30-2011
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Re: Question regarding Experian and myFICO pulls

[ Edited ]

JHudson wrote:

It's unpaid but what's throwing me off is it only looks like this on the myFICO pull. I pull the consumer report from Experian and it only shows 3 lates. 


The base report from any of the bureaus is to be trusted over any of the third-party report distributors.

 

It goes through a sanitizing manipulation to put it into the format that the third party uses, and sometimes things get lost in translation.  End of the day it's the data that the individual bureaus has for you that counts, not what myFICO or CreditKarma, or CreditSesame, or Quizzle, or any other third party offering access to your credit reports has.

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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Valued Member
jahsoul357
Posts: 40
Registered: ‎02-06-2009
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Re: Question regarding Experian and myFICO pulls

@Relevate

 

And that's usually what I believe, but I didn't know if that had any bearing on the scoring here. 

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Moderator
Revelate
Posts: 9,016
Registered: ‎12-30-2011
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Re: Question regarding Experian and myFICO pulls

[ Edited ]

jahsoul357 wrote:

@Relevate

 

And that's usually what I believe, but I didn't know if that had any bearing on the scoring here. 


I don't think it has any bearing on the scores: those come from the bureaus untranslated.  It's the report data which can get munged after it goes through the 3rd party presentation stuff.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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