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Contributor
Posts: 80
Registered: ‎01-17-2013
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why dont lenders use TU-98, HOLY COW!

hey all, last night I got a credit karma alert for some changes this month (I had some collections removed from my TU).  Anyway, I got a moddest 25ish point jump on the FAKO.  So I was bored last night and figured what the heck, so I ordered and updated TU-98 from here.  Still, to my disbelief, 774 score! Holy Cow!!! But of course this has to be on the "outdated" version...so Im anxiously waiting for my walmart TU-08 to update and still honestly in "awe" of seeing that 774.

 

HOPEFULLY, my new TU-08 will follow suit and have a major jump, and Id honestly be hapy with 700+.  A brief summary of last month, my TU98 was 728 and my TU08 was only 640.

Current: |MyFico TU-766| |MyFico EQ-737| |Amex EX-736| (May '13)
Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012
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Re: why dont lenders use TU-98, HOLY COW!

That's some mighty fine progress there, Congrats! :smileyhappy:

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Established Contributor
Posts: 747
Registered: ‎10-15-2012
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Re: why dont lenders use TU-98, HOLY COW!

Congrats. Just know that many lenders are still using TU04.


Starting Score: 515
Current Score: EQ04 675 EX04 702 TU08 724
Goal Score: 700+

Amex BCP $12300 | PSECU $10000 | Discover IT $9250 | Barclay Ring $6500 | Citi DC $6100 | DCU $5000 | Chase Freedom $4000 | PayPal Extras MC $3000 | US Airways $2400 | Cap 1 QS One $2000 | Cap 1 Platinum $1700 | Union Plus $1000 | Target $200
Established Contributor
Posts: 741
Registered: ‎10-04-2010
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Re: why dont lenders use TU-98, HOLY COW!

[ Edited ]

I'm not sure how much weight I put in the TU-08.

 

My TU 08 is around 669 or so. I was so alarmed when I saw the score that I bought my TU 98 score here. It was 715. The very next day, a mortgage broker pulled my scores and my TU 04 was 735.

 

I'm ignoring the walmart score for now. It is so far off from the other two that it is pretty meaningless to me.

BK in 2008, after making very stupid financial decisions.

Barclay's Apple Financing Card ($6400) --- Capital One Quicksilver ($10,000)---GEMB CareCredit ($5700) --- AUFCU ($10000)--- Walmart ($5000)

FICO Scores: TU 735 EQ 709 EX 740 (Feb 2013, all pulled by lender)

Contributor
Posts: 80
Registered: ‎01-17-2013
0

Re: why dont lenders use TU-98, HOLY COW!

thanks everyone!  I was so excited to see that 774 on my TU98 that I forgot to credit each and everyone who posts on this forum.  The knowledge here is definately power.My Trans Union report is completely baddie free now, and since walmart updated today, my TU08 went from 640 in Feb to 758 as of today!  Im very excited as them long nights of reading on here have actually paid off!

Current: |MyFico TU-766| |MyFico EQ-737| |Amex EX-736| (May '13)
Contributor
Posts: 80
Registered: ‎01-17-2013
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Re: why dont lenders use TU-98, HOLY COW!


Simply827 wrote:

Congrats. Just know that many lenders are still using TU04.


yes, Im aware.  That is why it was important for me to get a nice increase on my 08 version.  I dont know my actual 04 score but Id guess its around my 98-08 scores, 758-774.

Current: |MyFico TU-766| |MyFico EQ-737| |Amex EX-736| (May '13)
Contributor
Posts: 80
Registered: ‎01-17-2013
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Re: why dont lenders use TU-98, HOLY COW!


aussiesareforever wrote:

I'm not sure how much weight I put in the TU-08.

 

My TU 08 is around 669 or so. I was so alarmed when I saw the score that I bought my TU 98 score here. It was 715. The very next day, a mortgage broker pulled my scores and my TU 04 was 735.

 

I'm ignoring the walmart score for now. It is so far off from the other two that it is pretty meaningless to me.


i felt the exact same way about it last month as mine was almost 100 points lower than my TU98

Current: |MyFico TU-766| |MyFico EQ-737| |Amex EX-736| (May '13)
Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010
0

Re: why dont lenders use TU-98, HOLY COW!

If applying for a mortgage lenders use TU04

Which is usually (not always) higher then the TU98 version pulled here
Good Luck
May all your dreams and wishes become a reality!
Valued Contributor
Posts: 1,425
Registered: ‎08-30-2011
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Re: why dont lenders use TU-98, HOLY COW!


JM-AM wrote:
If applying for a mortgage lenders use TU04

Which is usually (not always) higher then the TU98 version pulled here

BofA also uses TU04 for their BofA and Merrill Lynch cards.  My various inquiries for my cards were from TU, and in conversation with Merrill Lynch CSR, they advised they pull TU04. 

Diners Club Premier MasterCard $50K / AMEX Gold NPSL / AMEX Zync NPSL / AMEX Blue Cash Preferred $14K / Bank of America Cash Rewards Signature Visa $15K / Merrill Lynch Plus Signature Visa $15K / Wells Fargo Propel 365 $15K / Chase Sapphire Preferred Signature Visa $10K / J P Morgan Select Signature Visa $10K / Chase Slate Visa $6K / CITI Diamond Preferred MasterCard $13.2K / Discover IT $10.5K / IberiaBank Select Visa $8K / 1st Command Bank Platinum Visa $7.5K // Home Depot $9.7K / Lowes $10K

EX = 818 EQ = 822 TU = 830 - 01/2015
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