topic Re: NEED OPINIONS ! Wild TU FICO score swings in Understanding FICO® Scoring

NEED OPINIONS ! Wild TU FICO score swings

IaBoy62 — Sat, 23 Apr 2016 13:52:12 GMT

Discover March 13 662 free score

BOA March 21 662 free score

MyFico March 25 702 purchased 3B

Walmart MC April 1 705 activated card and signed up

CCT April 2 710 monthly update

Walmart store April 5 * 665 refreshed score with statement enrollment

BOA April 9 714 HP for cli denial

Barclay's April 21 * 664 notified April 23 of score change

MyFico April 23 714 purchased April 23

Walmart MC April 23 714 refreshed score with statement enrollment

When I saw my score increased on March 25 I applied and got Stash VISA, Ebates VISA, Walmart MC, and second Sam's store card and these accounts have all reported.

Why the different scores?

Re: NEED OPINIONS ! Wild TU FICO score swings

NRB525 — Sat, 23 Apr 2016 14:35:41 GMT

@IaBoy62 wrote:
Discover March 13 662 free score
BOA March 21 662 free score
MyFico March 25 702 purchased 3B
Walmart MC April 1 705 activated card and signed up
CCT April 2 710 monthly update
Walmart store April 5 * 665 refreshed score with statement enrollment
BOA April 9 714 HP for cli denial
Barclay's April 21 * 664 notified April 23 of score change
MyFico April 23 714 purchased April 23
Walmart MC April 23 714 refreshed score with statement enrollment

When I saw my score increased on March 25 I applied and got Stash VISA, Ebates VISA, Walmart MC, and second Sam's store card and these accounts have all reported.

Why the different scores?

What is your latest Discover statement score?

I'm not sure the source of the Walmart, BofA or Barclays, so can't confirm their usefulness in this sequence.

It looks like you got a boost in late March, and consistent through April.

Re: NEED OPINIONS ! Wild TU FICO score swings

IaBoy62 — Sat, 23 Apr 2016 14:49:52 GMT

I changed due date of Discover card so I haven't had an update yet.

All the others are supposed to be FICO 08 scores.

I kinda wondered why Barclay's was 50 points lower.

Re: NEED OPINIONS ! Wild TU FICO score swings

NRB525 — Sat, 23 Apr 2016 14:56:02 GMT

Ok, like I said I can't vouch for the others, but you only have one Barclays score in the bunch. It could be that Barlay in the prior month was 650 or 655, which would keep it in line with the trend of the others.

With any scoring system, you want to track that scoring system to itself over time, not compare to other scores.

The exception is when baselining what you know to be TU 08, so myFICO TU 08, compare to Discover, fine, those are the same. CCT TU likely also. Step too far away from a known score, though, and you start getting into strange differences at any point in time.

Re: NEED OPINIONS ! Wild TU FICO score swings

IaBoy62 — Sat, 23 Apr 2016 14:57:18 GMT

I got the score bump at end of March I imagine because a joint car loan with ex wife fell off TU report and 18 30 day lates on the account....she got the car and finally paid it off last summer.

Re: NEED OPINIONS ! Wild TU FICO score swings

IaBoy62 — Sat, 23 Apr 2016 14:58:47 GMT

thanks for the input!! I will keep watching and I hope I am on the upward swing and no more 600's!

Re: NEED OPINIONS ! Wild TU FICO score swings

Anonymous — Sat, 23 Apr 2016 18:59:39 GMT

TU's reporting is screwy. My Barclays shows 749, and my actual score is 793. My Discover score also used to be wrong, but that recently got fixed somehow. In other words, don't worry about it.

Re: NEED OPINIONS ! Wild TU FICO score swings

IaBoy62 — Sat, 23 Apr 2016 19:18:31 GMT

@Anonymous wrote:
TU's reporting is screwy. My Barclays shows 749, and my actual score is 793. My Discover score also used to be wrong, but that recently got fixed somehow. In other words, don't worry about it.

I will try not to worry but I want Barclay's to think highly of me!

Re: NEED OPINIONS ! Wild TU FICO score swings

Anonymous — Sat, 23 Apr 2016 21:09:03 GMT

@IaBoy62 wrote:
@Anonymous wrote:
TU's reporting is screwy. My Barclays shows 749, and my actual score is 793. My Discover score also used to be wrong, but that recently got fixed somehow. In other words, don't worry about it.
I will try not to worry but I want Barclay's to think highly of me!

I'm not sure it matters. When my score was low by about 50 points with Discover I was still getting regular CLI's. It was almost as if, even though they were displaying the wrong score, the right score was being used for credit decisions.

Re: NEED OPINIONS ! Wild TU FICO score swings

IaBoy62 — Sat, 23 Apr 2016 21:11:12 GMT

@Anonymous wrote:
@IaBoy62 wrote:
@Anonymous wrote:
TU's reporting is screwy. My Barclays shows 749, and my actual score is 793. My Discover score also used to be wrong, but that recently got fixed somehow. In other words, don't worry about it.
I will try not to worry but I want Barclay's to think highly of me!
I'm not sure it matters. When my score was low by about 50 points with Discover I was still getting regular CLI's. It was almost as if, even though they were displaying the wrong score, the right score was being used for credit decisions.

OK, thanks....I will rest easy and not stress!

Re: NEED OPINIONS ! Wild TU FICO score swings

JLK93 — Sat, 23 Apr 2016 23:39:38 GMT

@IaBoy62 wrote:
Discover March 13 662 free score
BOA March 21 662 free score
MyFico March 25 702 purchased 3B
Walmart MC April 1 705 activated card and signed up
CCT April 2 710 monthly update
Walmart store April 5 * 665 refreshed score with statement enrollment
BOA April 9 714 HP for cli denial
Barclay's April 21 * 664 notified April 23 of score change
MyFico April 23 714 purchased April 23
Walmart MC April 23 714 refreshed score with statement enrollment

When I saw my score increased on March 25 I applied and got Stash VISA, Ebates VISA, Walmart MC, and second Sam's store card and these accounts have all reported.

Why the different scores?

Discover, Barclays and BofA free TU scores generally reflect information that has been removed from your TU credit report. Have you had any kind of negative information removed from your credit reports? In other words, TU nonsense.

Re: NEED OPINIONS ! Wild TU FICO score swings

Anonymous — Sun, 24 Apr 2016 01:39:31 GMT

Mine is the same way. From 681-693.
MyFico fluctuates between 682-692 all the time. Today I lost 11 tomorrow I'll gain 11
Walmart is 692
Discover 681
Barclay 681
CCT 692.
My DW score is steady and stays the same across all of them. I think mine has to do with the baddies I still have. She has no baddies. I dunno any more about TU. lol

Re: NEED OPINIONS ! Wild TU FICO score swings

IaBoy62 — Sun, 24 Apr 2016 06:58:31 GMT

@oilcan12 wrote:
@IaBoy62 wrote:
Discover March 13 662 free score
BOA March 21 662 free score
MyFico March 25 702 purchased 3B
Walmart MC April 1 705 activated card and signed up
CCT April 2 710 monthly update
Walmart store April 5 * 665 refreshed score with statement enrollment
BOA April 9 714 HP for cli denial
Barclay's April 21 * 664 notified April 23 of score change
MyFico April 23 714 purchased April 23
Walmart MC April 23 714 refreshed score with statement enrollment

When I saw my score increased on March 25 I applied and got Stash VISA, Ebates VISA, Walmart MC, and second Sam's store card and these accounts have all reported.

Why the different scores?

Discover, Barclays and BofA free TU scores generally reflect information that has been removed from your TU credit report. Have you had any kind of negative information removed from your credit reports? In other words, TU nonsense.

Yes, I have 3 baddies that fell off my TU report...that is what gave me the big score boost. It is kinda strange how it can be seen or unseen by the banks giving us our free FICO.

Re: NEED OPINIONS ! Wild TU FICO score swings

Anonymous — Sun, 24 Apr 2016 17:12:48 GMT

@IaBoy62 wrote:
@oilcan12 wrote:
@IaBoy62 wrote:
Discover March 13 662 free score
BOA March 21 662 free score
MyFico March 25 702 purchased 3B
Walmart MC April 1 705 activated card and signed up
CCT April 2 710 monthly update
Walmart store April 5 * 665 refreshed score with statement enrollment
BOA April 9 714 HP for cli denial
Barclay's April 21 * 664 notified April 23 of score change
MyFico April 23 714 purchased April 23
Walmart MC April 23 714 refreshed score with statement enrollment

When I saw my score increased on March 25 I applied and got Stash VISA, Ebates VISA, Walmart MC, and second Sam's store card and these accounts have all reported.

Why the different scores?

Discover, Barclays and BofA free TU scores generally reflect information that has been removed from your TU credit report. Have you had any kind of negative information removed from your credit reports? In other words, TU nonsense.
Yes, I have 3 baddies that fell off my TU report...that is what gave me the big score boost. It is kinda strange how it can be seen or unseen by the banks giving us our free FICO.

My theory is that TU sometimes dishes up cached reports that contain the old info. When I subscribed to MyFico I would get a score update and my TU score would drop HUGE, way more than what you're dealing with. I'd pay for a fresh report and it would go back to normal. This was in the months following my tax lien falling off. But here's the important part: Even while this was happening, when I apped and my TU report was pulled either soft or hard, the creditor was getting the correct score.