topic scoresense not accurate-or? in Understanding FICO® Scoring

scoresense not accurate-or?

trc1962 — Sat, 21 Jun 2014 17:30:56 GMT

Received a credit alert from equifax and credit karma this morning for a score raise. On checking with the equifax web site, my score had indeed risen to 569. Then checked experian and that also had risen to 555 as of last night. Score sense has a score drop, equifax 531 and experian 521. So my question is, who is right because it is quite a discrepancy of points? Thanks for the help, clawing back to a decent credit score in time we hope!

Re: scoresense not accurate-or?

ezdriver — Sat, 21 Jun 2014 18:00:28 GMT

Who is right depends on what your goal is. If being mortgage ready is the goal, none of those scores matter ... only lender-pulled scores matter ... along with the rest of your credit profile.

Re: scoresense not accurate-or?

trc1962 — Sat, 21 Jun 2014 19:09:05 GMT

There is no way for me to know the actual score lenders pull I guess. So score sense and the rest must be fakos and the only way to truley tell is having your credit pulled when you "think" your score is close to where it needs to be for a mortgage? It is all a little scarey.

Re: scoresense not accurate-or?

Anonymous — Sun, 22 Jun 2014 03:43:20 GMT

@trc1962 wrote:
Received a credit alert from equifax and credit karma this morning for a score raise. On checking with the equifax web site, my score had indeed risen to 569. Then checked experian and that also had risen to 555 as of last night. Score sense has a score drop, equifax 531 and experian 521. So my question is, who is right because it is quite a discrepancy of points? Thanks for the help, clawing back to a decent credit score in time we hope!

If you are trying to rebuild, I'd focus on your report and not scores.

If you want to sample your scores occasionally, I'd get a FICO 08 or FICO 04 score, and ignore the FAKO scores.