topic Re: Experian Score Jumped in General Credit Topics

Experian Score Jumped

Anonymous — Mon, 21 May 2012 06:33:59 GMT

Experian score reported today a new score I am at 636 now from 607 in a month. It is thru the AMEX creditsecure report.

Re: Experian Score Jumped

Repo-ed — Mon, 21 May 2012 10:49:33 GMT

So a FAKO score increase?

Re: Experian Score Jumped

crunching_numbers — Mon, 21 May 2012 23:15:13 GMT

Amex Creditsecure gives an Experian Plus FAKO score. It is not a true FICO score.

Re: Experian Score Jumped

lolabelle — Tue, 22 May 2012 13:57:40 GMT

@Anonymous wrote:
Experian score reported today a new score I am at 636 now from 607 in a month. It is thru the AMEX creditsecure report.

Regardless of whether it's FICO or FAKO, that's a significant jump! Congratulations! (For the record, my Experian FAKO was quite close to my true Experian FICO... actually my FICO was a few points higher.)

Re: Experian Score Jumped

marty56 — Wed, 23 May 2012 01:20:47 GMT

@lolabelle wrote:
@Anonymous wrote:
Experian score reported today a new score I am at 636 now from 607 in a month. It is thru the AMEX creditsecure report.
Regardless of whether it's FICO or FAKO, that's a significant jump! Congratulations! (For the record, my Experian FAKO was quite close to my true Experian FICO... actually my FICO was a few points higher.)

No. FAKO and FICO scores often move in the oposite direction or not at all. Also the advice sites give to improve your FAKO score could hurt your FICO score.

The only thing that possibly could be gleamed from a change in your FAKO score is a possible change on your CR which may or may not cause a FICO change.

Re: Experian Score Jumped

lolabelle — Wed, 23 May 2012 02:51:17 GMT

@marty56 wrote:
@lolabelle wrote:
@Anonymous wrote:
Experian score reported today a new score I am at 636 now from 607 in a month. It is thru the AMEX creditsecure report.
Regardless of whether it's FICO or FAKO, that's a significant jump! Congratulations! (For the record, my Experian FAKO was quite close to my true Experian FICO... actually my FICO was a few points higher.)
No. FAKO and FICO scores often move in the oposite direction or not at all. Also the advice sites give to improve your FAKO score could hurt your FICO score.

The only thing that possibly could be gleamed from a change in your FAKO score is a possible change on your CR which may or may not cause a FICO change.

Really? The opposite direction? That's hard to imagine, but I suppose it's possible. I'm having a hard time thinking of something that could improve an Experian FAKO while hurting a FICO. Could you give an example?

Re: Experian Score Jumped

llecs — Wed, 23 May 2012 02:58:31 GMT

IME, I've had many instances where my FICO increased and FAKO decreased for the exact same event, when compared the exact same day. On of my favorites was when I had a CA fall off due to CRTP. My EX FICO (when we could pull our EX FICO on here) increased 58 points. On the exact same day, my EX TransRisk (then offered by TrueCredit before they switched to Vantage) decreased 8 points. I guess, unlike FICO, CA's factor into your length of history. Or they help your mix of credit, I dunno.

Re: Experian Score Jumped

lolabelle — Wed, 23 May 2012 15:10:25 GMT

@llecs wrote:
IME, I've had many instances where my FICO increased and FAKO decreased for the exact same event, when compared the exact same day. On of my favorites was when I had a CA fall off due to CRTP. My EX FICO (when we could pull our EX FICO on here) increased 58 points. On the exact same day, my EX TransRisk (then offered by TrueCredit before they switched to Vantage) decreased 8 points. I guess, unlike FICO, CA's factor into your length of history. Or they help your mix of credit, I dunno.

That's bizarre. I swear, it's just ridiculous how all over the place scoring is.