topic Re: Transunion in Understanding FICO® Scoring

Transunion

CreditHealthy — Sun, 29 Jun 2014 05:49:56 GMT

My Transunion score dropped 10 points, must be the new scoring system, I heard they were switching like EQ. I wonder if they did this because so many of us has complained about the outdated version?.

Re: Transunion

Revelate — Mon, 30 Jun 2014 08:22:10 GMT

@CreditHealthy wrote:
My Transunion score dropped 10 points, must be the new scoring system, I heard they were switching like EQ. I wonder if they did this because so many of us has complained about the outdated version?.

Doubtful, but FICO isn't saying they simply left it dangling vaguely even in response to inquiries from the moderators. If nothing else, nobody was complaining about the EQ '04 score: since the switch to FICO 8 there, the number of complaints jumped by multiple orders of magnitude but fell on deaf ears.

Re: Transunion

GFer — Mon, 30 Jun 2014 10:32:04 GMT

Exactly. I've noticed the newer version is way more touchy about my less than 1% overall balances reporting. My scores are all over the place these days with the only change being more than one cc reporting a balance. I've read many posts complaining how sensitive the new version is to other things, as well.

Re: Transunion

Barneygirl — Thu, 03 Jul 2014 02:06:37 GMT

yes, scoring within '08 is different... my TU score dropped 50 points overnight!!! From the mid-680's to the mid-630s!!! ....with NOTHING changing!