topic Re: Equifax Hates Me!! in Understanding FICO® Scoring

Equifax Hates Me!!

Azumi1 — Thu, 15 Aug 2013 14:34:49 GMT

I've been stuck at 700 for the past 4 months, even though I've paid accounts off and have had cli's. I recently paid an account off and its showing on my report, still no points. I only have 3 cards reporting balances, util at 7%. I don't understand. Ever since they deleted 2 au accounts I seem to be on their sh#t list. I've seen continual growth in both my transunion and experian scores.

Re: Equifax Hates Me!!

llecs — Thu, 15 Aug 2013 18:01:34 GMT

Are you looking at a FICO or a FAKO? I ask because EX only started offering an EX FICO direct to consumers (aside from PSECU) for the last 2 months. I wasn't sure if you were looking at a 3-in-1 from somewhere.

Has anything changed on EQ within the last 4 months that would result in a FICO change?

Re: Equifax Hates Me!!

Anonymous — Fri, 16 Aug 2013 10:40:31 GMT

What's "cli's" and "au accounts"?

Thanks.

-- George

Re: Equifax Hates Me!!

elvigy — Fri, 16 Aug 2013 13:14:38 GMT

CLI is a credit limit increase. Above, it's used to indicate that the poster had their limit increased on a card/cards so that the utilization of the card looked better. FICO likes to see low utilization. Example, if you owed $100 on a card with a $500 credit limit, your utilization would be 20%. If you then got an increase in your credit limit to $1000, that $100 means you now only use 10% of your limit. Since FICO likes lower utilization, your score should go up.

AU means authorized user on one of your cards.

Oh, and to the OP-they hate me too. My score with them is consistently 40-50 below my other scores even though the information is similar. Sorry, I know that doesn't help.

Re: Equifax Hates Me!!

Anonymous — Fri, 16 Aug 2013 14:19:45 GMT

Thanks a lot with answering my questions and your thorough reply. Why don't you file a complaint with the Better Business Bureau? Equifax will get a copy of the complaint. Make sure to copy and paste your text complaint to a file before navigating past the BBB complaint page. Then, write Equifax a letter with the BBB complaint script included. Also, if you know a lawyer friend send a copy of the correspondence to him and make a "cc: Bigshot Lawyer" at the bottom of the letter to Equifax. That should give Equifax the motivation to properly re-score you. I hope this helps.

Thank you.

George

Re: Equifax Hates Me!!

Azumi1 — Fri, 16 Aug 2013 15:49:28 GMT

@llecs wrote:
Are you looking at a FICO or a FAKO? I ask because EX only started offering an EX FICO direct to consumers (aside from PSECU) for the last 2 months. I wasn't sure if you were looking at a 3-in-1 from somewhere.

Has anything changed on EQ within the last 4 months that would result in a FICO change?

I paid off 2 accounts so only 3 cc's reporting balances. One account snuck in a $19 charge so its showing a balance so by the end of the month 2 accounts will be reporting balances and I've gained about 4500 more in cli's, 8000 if my Walmart Discover reports this month. The Experian are fico scores. I bought one here and before that Discover or Amex had it after I was approved.

Re: Equifax Hates Me!!

Azumi1 — Fri, 16 Aug 2013 15:50:28 GMT

@Anonymous wrote:
Thanks a lot with answering my questions and your thorough reply. Why don't you file a complaint with the Better Business Bureau? Equifax will get a copy of the complaint. Make sure to copy and paste your text complaint to a file before navigating past the BBB complaint page. Then, write Equifax a letter with the BBB complaint script included. Also, if you know a lawyer friend send a copy of the correspondence to him and make a "cc: Bigshot Lawyer" at the bottom of the letter to Equifax. That should give Equifax the motivation to properly re-score you. I hope this helps.
Thank you.
George

Thanks George I'll look into that if I see no movement after everything posts this month.

Re: Equifax Hates Me!!

Azumi1 — Fri, 16 Aug 2013 22:50:11 GMT

Just checked my last 3 reports for differences:

8/15 showing 4 accounts w/60 days late or more/ 6 inqs/ 5 derog accounts 3 cc accounts w/balances util 7% 18 yrs credit history aaoa of 7 yrs

5/30 showing 4 accounts w/60 days late or more/ 7 inqs/ 5 derog accounts 4 cc accounts w/balances util 5% 18 yrs credit history aaoa of 7 yrs

4/6 showing 5 accounts w/60 days late or more/7inqs/ 6 derog accounts 5 cc accounts w/balances util 13% 32 yrs credit history aaoa 8 yrs

Thru all the changes my scores hasn't budged

Re: Equifax Hates Me!!

Shogun — Sat, 17 Aug 2013 17:13:55 GMT

If it makes you feel any better, I always thought EX hated me. I hadn't applied for anything for awhile so all I had was Creditsesame and Quizzle to go by for my scores until myFICO was once again able to offer EX scores. And my EX was always lower than my other FICO pulled scores.

Then,, a miracle happened, EX FICO was once again offered, so I bit and purchased it. OMG,,, EX likes me, they really like me.

Re: Equifax Hates Me!!

Azumi1 — Mon, 19 Aug 2013 16:15:22 GMT

Had 2 accounts update....amex with 2500 cli and walmart discover new tradeline....still no change.....wth?!

Re: Equifax Hates Me!!

mongstradamus — Mon, 19 Aug 2013 16:27:14 GMT

i think i am the opposite equifax is the only that loves me lol. its 80+ points compared to myfico experian , and 100+ points compared to my walmat tu fico :-(