topic Re: CSP CLD in Credit Cards

CSP CLD

Anonymous — Mon, 02 Feb 2015 15:03:17 GMT

Yep, just checked my credit karma. Says I got a decrease of 5k? Panicked, just checked chase and it's still at 12k. What could prompt this?

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 15:06:55 GMT

It's CreditKarma....

The same website that hounds me to pay a CC bill I took care of two weeks beforehand.

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 15:08:52 GMT

I don't know what CK's problem is lately, but they've been doing stuff like that all over the place. Last month, I got a notification that I had made two late payments on my credit cards (one on Chase and one on Barclays), neither of which was true (I PIFed the day after the statements cut). However, when CK did the update that added EQ to my credit report, they removed the "late" payments. Have you had the update yet? I suspect CK is having a lot of problems with accuracy with all the changes they're making.

Re: CSP CLD

CreditCuriosity — Mon, 02 Feb 2015 15:10:39 GMT

Yep reported I missed a payment.. Site is junk other then Inquires and to get an idea when payment posts.

Re: CSP CLD

kdm31091 — Mon, 02 Feb 2015 15:36:16 GMT

What's the advantage to checking if a payment posts via CK vs. just logging into the lender's actual website?

I do like CK for a couple things. Inquiries/when they will fall off, utilization percentage, that sort of stuff. For your basic account activities like payments, limits, whatever, I wouldn't put too much stock in it.

Re: CSP CLD

CreditCuriosity — Mon, 02 Feb 2015 15:39:05 GMT

@kdm31091 wrote:
What's the advantage to checking if a payment posts via CK vs. just logging into the lender's actual website?

I do like CK for a couple things. Inquiries/when they will fall off, utilization percentage, that sort of stuff. For your basic account activities like payments, limits, whatever, I wouldn't put too much stock in it.

Just to figure out when it hits your CB, to make sure you can only really have one card reporting a balance ever.. Really the only point. Once you figure out what day the lender reports I write it down and make sure I don't have balances on the days around that time, that is just me.

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 15:44:38 GMT

You know. I think CK thinks my FRDM and CSP are the same card. So when my FRDM reports it'll show a CLD. When my CSP reports it will increase.

Re: CSP CLD

IgnatiusReilly — Mon, 02 Feb 2015 16:40:13 GMT

Credit Karma is drunk. My "scores" dropped 59 TU and 51 EQ. My util is 5%. Clean file. The only thing that changed was an auto CLI of $1200 to $9900 on an account. (Aside:$9900? They couldn't round up to 10k?) Scores here rose 5 pts. CK is free and you get what you pay for...

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 16:46:07 GMT

I don't have CK. Do they provide credit report monitoring if you are a subscriber, (like myFico)? I ask because sometimes I think myFico gives empty alerts about score changes which prompts the user to pull a report for $13. Maybe CK is doing the same...

Re: CSP CLD

kdm31091 — Mon, 02 Feb 2015 17:15:33 GMT

Well, CK is free. They don't do day-to-day monitoring like MyFICO does, but it updates every week with inquiries, accounts added or closed, etc etc. I like it, I mean for free you can't really complain. The score isn't a true FICO though, but it tends to be in the ballpark. I like CK for the inquiries/accounts added/that kind of stuff. For your actual payment info or whatever, it doesn't tend to be as helpful but again, it's free.

I have the MyFICO monitoring, and I already paid for a year, but I don't know about keeping it after a year. Honestly, you can get much of that for free now -- Discover's TU FICO is free, Citi just came out with a FICO score, etc, so there's not a huge need to pay for day to day monitoring unless you are watching for something specific. And yes, I have gotten occasional empty alerts from MyFICO, as if they want me to pull a report. Not happening.

Re: CSP CLD

bigblue7722 — Mon, 02 Feb 2015 17:18:21 GMT

Credit karma tells me I have 1inq on my tu report Lol I wish that was the case. I probably have like 10.

Re: CSP CLD

js0319 — Mon, 02 Feb 2015 17:19:07 GMT

CK is also notorious for removing and then adding back INQ's, which also affects your FAKO - if you pay any attention to it.

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 17:21:48 GMT

CK has been spot on for me with inquiries. Matches up to my CS and dispute checks.

Re: CSP CLD

bigblue7722 — Mon, 02 Feb 2015 17:24:54 GMT

Ck used to be spot on with the inq. But about a couple months ago all of them disappeared then when I applied for my Barclay's card a month ago it showed up

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 17:44:49 GMT

My CK is all over the place, accounts removed and then appearing again, CK shows a 50 point difference compare to what i have here on myFICO. Back when they used a different scoring model it was more or less the same to my actual scores, but now that they switched to Vantage score, its not even close to my Fico scores.

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 17:46:59 GMT

They used to use "New account score"

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 17:49:15 GMT

CK has all my accounts listed and yet it shows me 1.7 AAOA, yet when i pulled my report from Equifax just now it says my average account age is 2 years and 4 months,

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 17:49:59 GMT

CK discounts closed accounts apparently.

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 17:57:26 GMT

@Anonymous wrote:
They used to use "New account score"

That one used to be accurate to a range of +/- 5 points to myFICO score.

Re: CSP CLD

Anonymous — Mon, 02 Feb 2015 17:58:17 GMT

@Anonymous wrote:
CK discounts closed accounts apparently.

So which AAOA is my actual one that i should go by 1.7 or 2.4?

because if 2.4 years is my actual AAOA, i better update my siggy then.