@Anonymous wrote:
... I pull CCT and sure enough credit score for Fico Trans -625, Exp-600, and Eq-602.. How can this be when I pull my scores from the actual credit buearu???... why is the website for the actual credit company not reflecting the correct score when indeed they are the ones that update them?
The key thing to understand is the difference between a credit bureau and a scoring model. It's basically the difference between a report and a score.
There are three credit bureaus, right? Equifax, TransUnion, Experian. You can think of them as warehouses where information (data) about you and your credit accounts (credit cards, loans, etc.) is kept. You see a list of all the data when you get a credit report from one of those three credit bureaus.
The problem is that a big long report is hard to go through. Potential lenders and creditors need something that will boil all that information down into a single number, which they can then use to help them make a decision about whether to grant you credit. That number is a credit score and the computer program that converts the data in the report to that single number is called a scoring model or a scoring algorithm.
Different groups have created these scoring models. FICO has created the most of them (and the ones that are most widely used). An alternative to FICO is a scoring system called Vantage. But there are still other models that other groups have made.
Now the big idea is to keep those two things separate in your mind. TU, EX, and EQ are warehouses where the data are stored. Scoring algorithms take the data and turn it into a score.
The confusing thing is that the three credit bureaus, in addition to storing data about you, have also purchased the rights to use various scoring algorithms. Thus you can get your report from TU (a list of all the data) but you can also get a TU Plus score from TU (which uses the PLUS model). TU also sold a score (and maybe still does) that used a model called TransRisk. TU might also sell you a score that uses the FICO 8 classic model. Etc.
My feeling is that Credit Check Total would be a good fit for you. It will be cheaper than what you pay now, it will give you daily score and report updates on your Experian data, it will give you monthly reports and scores on EQ and TU, and it will use the widely used FICO 8 Classic model for all of its scores.
