topic Re: Experian Report and Score on American Express Website in Credit Cards

Experian Report and Score on American Express Website

twoaklawn — Thu, 16 Apr 2009 16:48:44 GMT

I just logged onto to check my Amex account. I noticed where they are offering a free Experian score and report. Am I to assume this is just a FAKO score? Would that be a hard or soft pull? I don't think I'll bother, but I was wondering if someone had tried it.

Re: Experian Report and Score on American Express Website

score_building — Thu, 16 Apr 2009 16:55:45 GMT

the amex creditsecure product is one of the few remaining daily pulls. several of us use it for the account info., etc. the scores are useless FAKOS.

Re: Experian Report and Score on American Express Website

itsjustmeibe — Thu, 16 Apr 2009 17:28:54 GMT

@score_building wrote:
the amex creditsecure product is one of the few remaining daily pulls. several of us use it for the account info., etc. the scores are useless FAKOS.

I would beg to differ on saying the scores are useless. I find that they increase and decrease as FICO scores do. I am able to see my Experian score through my credit union, and my FICO dropped 9 points in the last 30 days. My Experian FAKO dropped 7 points.

My FAKO scores are always higher tho, about 40 points

Re: Experian Report and Score on American Express Website

MidnightVoice — Thu, 16 Apr 2009 17:48:18 GMT

Mine bear little relationship to my real scores, and hardly ever change at all

Re: Experian Report and Score on American Express Website

Anonymous — Thu, 16 Apr 2009 19:27:47 GMT

My AMEX Blue Cash has a link for a complimentary 30 day report and score. This doesn't sound like the same thing as the daily pulls. What card do you have that on? If I get my complimentary report will they then try to charge me for something after 30 days?

Re: Experian Report and Score on American Express Website

twoaklawn — Thu, 16 Apr 2009 21:02:36 GMT

This was on my gold charge card. I've never seen it mentioned on the site before this week.

Re: Experian Report and Score on American Express Website

haulingthescoreup — Thu, 16 Apr 2009 21:54:21 GMT

Mank wrote:

My AMEX Blue Cash has a link for a complimentary 30 day report and score. This doesn't sound like the same thing as the daily pulls. What card do you have that on? If I get my complimentary report will they then try to charge me for something after 30 days?

I have CreditSecure through my Blue, although I first got it through my Gold card, since canceled.

Go to your Summary of Accounts page (on my computer, it's the first screen after I log in.) Look on their toolbar and click the drop-down menu for Additional Products and Services. Choose Credit Secure (fourth one down on my screen.)

There's a one-month trial where you can only pull once, and then once you cough up the money, it's daily pulls for all three bureaus. And you don't have to wait 24 hours, as we did with sorely-missed TrueCredit: just so it's the next calendar date. I don't know if this is what you're looking at, though. I had an EX-only daily pull through USAA which became redundant once I reluctantly signed up for CS.

I don't like CS as much, because I think the Experian report format is kindergarten-ish, and it doesn't update nearly as promptly as TC did, but these days, it's all I've got.

And for people po'd at AmEx who still want to keep their card open, it's a great automatic monthly use that will keep the card ticking over.

Re: Experian Report and Score on American Express Website

Anonymous — Thu, 16 Apr 2009 22:10:29 GMT

Thanks Hauling! Is it daily pulls of your report, or daily pulls of your report and FAKO score??

Re: Experian Report and Score on American Express Website

haulingthescoreup — Thu, 16 Apr 2009 22:26:45 GMT

Daily pulls of all three reports (which unfortunately, aren't necessarily updated) and your FAKO PLUS scores for all three bureaus, woo hoo.

Re: Experian Report and Score on American Express Website

Anonymous — Fri, 17 Apr 2009 02:38:51 GMT

I imagine if the Plus score increased 100 points, there's a reasonable chance the corresponding Fico score would increase, but the amount of the increase could be anything from 1 point to 200 points. Any correlation between the two scoring models is mostly coincidence. People have reported differences of more than 100 points.

From December to February, my EX Plus score increased 22 points while my EX Fico did not change. Meanwhile, my EQ Plus score stayed unchanged while my EQ Fico increased 18 points. Two of my Plus scores were higher than my Fico scores, the other was lower.

Each scoring model places different weight on different scoring elements. If you had both positive and negative changes in your credit report (such as utilization percentage goes down but number of new inquiries go up), it's entirely possible your Plus score and Fico score might change in opposite directions ...

Re: Experian Report and Score on American Express Website

Anonymous — Fri, 17 Apr 2009 13:29:28 GMT

Hello everyone,

I also have creditsecure with American Express as well and I'm curious to know if the score they provided are FAKO scores, how do I know this?

If it's really is a FAKO scores, there is no point for me to pay for this services since it is FAKE. For some reasons, my Experian scores drop for no reasons and I'm not getting it, from January score was 743 now is 724..

Transunion and EQuifax score drops as well.

So can someone please tell me if EXPERIAN credit score is really FAKE? if it is, then i will call in an cancel the service and choose something else.. I don't like FAKO score..

Re: Experian Report and Score on American Express Website

haulingthescoreup — Fri, 17 Apr 2009 13:37:12 GMT

CreditCard101 wrote:

Hello everyone,
I also have creditsecure with American Express as well and I'm curious to know if the score they provided are FAKO scores, how do I know this?

If it's really is a FAKO scores, there is no point for me to pay for this services since it is FAKE. For some reasons, my Experian scores drop for no reasons and I'm not getting it, from January score was 743 now is 724..
Transunion and EQuifax score drops as well.

So can someone please tell me if EXPERIAN credit score is really FAKE? if it is, then i will call in an cancel the service and choose something else.. I don't like FAKO score..

Yes, it really, really is. When you pull up your reports, click the score tab. You'll see that it says PLUS score. Look at the very bottom:

DISCLAIMER

The PLUS ScoreSM, developed by Experian, is not an endorsement or guarantee of your credit worthiness as seen by lenders. The different risk levels presented here are for educational use only. Your PLUS Score can help you understand what factors impact your credit score.

Please be aware that there are many scoring models used in the marketplace, and each lender´s scoring model has its own set of factors. How each lender weighs their chosen factors may vary, but the exact formula used to calculate your score is proprietary. In general, the higher your score, the better your chances are of obtaining favorable rates and terms.

Your PLUS Score was calculated using your actual data from your credit file on the day that you requested your report, making it comparable to most scoring models in the industry. Keep in mind however that other factors, such as length of employment and annual salary, are often taken into consideration by lenders when making decisions about you.

Also note that each bureau has its own set of data, resulting in a separate PLUS Score for each of your credit files.

Services like CS work for monitoring your reports, not your scores.

Ignore the scores, and keep the service. The report monitoring is useful, especially if you are actively working to clean up your credit.

Re: Experian Report and Score on American Express Website

Anonymous — Fri, 17 Apr 2009 19:23:46 GMT

Oh crap, you are right. I just read the disclaimer..So how can i know my real score?

$11.99/per month with AMEX CreditSecure..Man I'm a bit upset about this..

Message Edited by CreditCard101 on 04-17-2009 12:23 PM

Re: Experian Report and Score on American Express Website

haulingthescoreup — Sat, 18 Apr 2009 16:15:33 GMT

Consumers can't buy their FICO EX scores any more.

You can find it out if you apply for a mortgage (pretty drastic!), as lenders are required to show you your three scores, and almost all pull FICO's. If you qualify for membership in PSECU (not many of us do), you receive an EX FICO with your monthly statement:

PSECU Eligibility

That's pretty much it.

Again, though, the advantage of CreditSecure and other monitoring services is to see what's happening on your reports, not your scores. Once you have a pretty good feel for what sort of changes on your credit reports affect your FICO scores, you'll kinda/ sorta know what's happening with your EX FICO.

Not a great consolation, I know.