topic Re: Auto Enhanced Experience? Experian in Auto Loans

Auto Enhanced Experience? Experian

Jutz — Fri, 30 Nov 2012 18:40:01 GMT

Hey guys,

Question for those of you who have experience with Auto Enhanced scores, especially Experian. My CU starts financing at 640 w/ Experian Auto. Given that Experian is such a mystery, and the auto enhances just furthers that mystery, I'm wondering if anyone can speak from experience how much variance Auto might provide?

As you can see below my scores are a little all over the place, with EQ in the gutter at 599, TU in the middle at ~630 and EX FAKO looking artifically high at 661.

I have 3 collection accounts within 24-36 months on EX, and some lates sprinkled throughout. I have an Auto loan from 06 w/ perfect history, and an Auto loan from 08 w/ perfect history. In addition, I have two Sallie Mae accounts from 06 w/ perfect history, and an unsecured installment from TD Bank from 09 w/ perfect history.

The only difference between my EX and EQ/TU reports is a 6 year old charge off from Verizon.

Any ideas?

Re: Auto Enhanced Experience? Experian

Shogun — Fri, 30 Nov 2012 18:50:04 GMT

My understanding of the autoenhanced scores is that it puts more weight into the installment accounts. So if I am right, it should help your score.

Re: Auto Enhanced Experience? Experian

Jutz — Fri, 30 Nov 2012 19:08:01 GMT

I wish EX wasn't such a mystery.

I'm getting bored and frustrated Shogun. Tell me to send a couple GWs and ignore my credit for a few days.

Re: Auto Enhanced Experience? Experian

Jutz — Fri, 30 Nov 2012 20:17:04 GMT

Ignore that last part Shogun

Re: Auto Enhanced Experience? Experian

Shogun — Sun, 02 Dec 2012 05:04:51 GMT

Lol.. OK,,, Send some GWs and ignore your credit for a few days. Scratch that.