topic Re: Walmart FICO in Credit Cards

Walmart FICO

Anonymous — Sat, 12 May 2012 18:50:52 GMT

Walmart has still not updated my FICO score this month. I hate waiting

Re: Walmart FICO

Anonymous — Sat, 12 May 2012 19:09:15 GMT

Tell me about it, I keep checking lol

Re: Walmart FICO

Anonymous — Sat, 12 May 2012 19:21:23 GMT

it's supposed to be around 10th business day. so bprobably Tuesday 15 th

Re: Walmart FICO

namvet — Sat, 12 May 2012 21:25:39 GMT

It didn't update early this month so my best guess for the update will be on Monday the 14th.

Re: Walmart FICO

payingoffdebt001 — Sat, 12 May 2012 21:44:43 GMT

What date is the report usually for? Like for instance, last month around the 10th I got my first one and it was for April 2nd. Is it usually always for an early date like this although we get it 10business days later?

New & courious how it works.

Re: Walmart FICO

namvet — Sat, 12 May 2012 21:58:05 GMT

@payingoffdebt001 wrote:
What date is the report usually for? Like for instance, last month around the 10th I got my first one and it was for April 2nd. Is it usually always for an early date like this although we get it 10business days later?

New & courious how it works.

The TU fico score should be calculated on the day Walmart reports it. So your last report date for last month was around the 8th i recall but it will say report date of April 2nd. The fico history section show dates of the 11th and 12th so don't pay any attention to the dates. All you need to know is that the score being reported is current. So on monday it will probably say the score is for May 2nd.

Re: Walmart FICO

payingoffdebt001 — Mon, 14 May 2012 01:31:41 GMT

@namvet wrote:
@payingoffdebt001 wrote:
What date is the report usually for? Like for instance, last month around the 10th I got my first one and it was for April 2nd. Is it usually always for an early date like this although we get it 10business days later?

New & courious how it works.
The TU fico score should be calculated on the day Walmart reports it. So your last report date for last month was around the 8th i recall but it will say report date of April 2nd. The fico history section show dates of the 11th and 12th so don't pay any attention to the dates. All you need to know is that the score being reported is current. So on monday it will probably say the score is for May 2nd.

Great, was hoping to hear that since my 1st of the month cards usually update on TU Fico by the 7th.

Re: Walmart FICO

gamegrrl — Mon, 14 May 2012 14:58:27 GMT

I was really surprised this morning to see that the May score isn't up yet.

Re: Walmart FICO

Anonymous — Mon, 14 May 2012 15:00:44 GMT

@gamegrrl wrote:
I was really surprised this morning to see that the May score isn't up yet.

me too, today is the 10th business day

Re: Walmart FICO

TNTransplant — Mon, 14 May 2012 15:01:47 GMT

@gamegrrl wrote:
I was really surprised this morning to see that the May score isn't up yet.

Who knows with them...

Last month's score updated very late, if I recall - around 11:30 PM.

Re: Walmart FICO

qtcbcute — Mon, 14 May 2012 16:03:03 GMT

Hi everyone! I'm new here and after reading on the different boards about the FICO score given by Walmart, I decided to try and apply. I applied online and was instantly approved for an $800 CL. I wanted to know when I would get my FICO score? I only applied so that I would get the monthly FICO score and now I'm excited to know.

Re: Walmart FICO

Anonymous — Mon, 14 May 2012 16:05:59 GMT

@qtcbcute wrote:
Hi everyone! I'm new here and after reading on the different boards about the FICO score given by Walmart, I decided to try and apply. I applied online and was instantly approved for an $800 CL. I wanted to know when I would get my FICO score? I only applied so that I would get the monthly FICO score and now I'm excited to know.

First you have to go online and request that feature, its free but I belive you have to have paperless billing

Re: Walmart FICO

qtcbcute — Mon, 14 May 2012 18:37:09 GMT

Thanks for the info. I guess I have to wait for the card to arrive in the mail in order to do that.

Re: Walmart FICO

Anonymous — Mon, 14 May 2012 23:52:38 GMT

Oh good, it isn't just me. I had figured that it was some promotional thing that expired.

And just to clarify once again.. the score Walmart gives *IS* my actual real FICO score and not a FAKO score, correct? It says TransUnion, so I (and others) might be a little leery of what's what.

Re: Walmart FICO

TNTransplant — Mon, 14 May 2012 23:56:23 GMT

@Anonymous wrote:

And just to clarify once again.. the score Walmart gives *IS* my actual real FICO score and not a FAKO score, correct? It says TransUnion, so I (and others) might be a little leery of what's what.

Yes, this is a real FICO score. Transunion (08) version, and IMO, more useful than the one you can buy here.

Re: Walmart FICO

android01 — Mon, 14 May 2012 23:57:11 GMT

@Anonymous wrote:
Oh good, it isn't just me. I had figured that it was some promotional thing that expired.

And just to clarify once again.. the score Walmart gives *IS* my actual real FICO score and not a FAKO score, correct? It says TransUnion, so I (and others) might be a little leery of what's what.

It is TU08 (a newer version) which is one of several FICO scores available. The one you get here at MyFico is TU98, which no one really uses anymore. TU04 is the most widely used, but I don't think this score is available for purchase anywhere.

Re: Walmart FICO

sublimemoment — Tue, 15 May 2012 00:05:39 GMT

Just found this site today, and never realized this feature was available via my wmcc. Just wanted to say thanks!

Re: Walmart FICO

Anonymous — Tue, 15 May 2012 00:16:03 GMT

Tu08 which Walmart provides isn't used much as again not accurate for what most lenders using tu fico use, including Walmart. But at least it might gain in use.

Re: Walmart FICO

Revelate — Tue, 15 May 2012 01:27:31 GMT

@Anonymous wrote:
Tu08 which Walmart provides isn't used much as again not accurate for what most lenders using tu fico use, including Walmart. But at least it might gain in use.

More useful than TU98 in my opinion in terms of market utilization of the scores; also, just because Walmart has enough customer data to rely on their own consumer model, doesn't mean they don't use the score at all for underwriting.

Just living in Cali though in my case unless I try really hard, inquiries just don't hit my TU report with any regularity to make me justify tracking the score specifically beyond the report data which I can get through CK for free. If I ever shopped there or if I move back to Texas then I'd probably consider it.

Re: Walmart FICO

Anonymous — Tue, 15 May 2012 02:21:35 GMT

Revel I agree with you. Just cautioning that tu04 and tu08 scores can be significantly different. Walmart uses tu04 for approvals. Tu98 is worthless. It is hardly used and will only lose market share. Tu08 is not much used but at least might gain market share.