topic Re: Credit Seame in General Credit Topics

Credit Seame

LoveGoodCredit — Thu, 06 Sep 2012 04:18:53 GMT

Does anyone know if Credit Sesame is a TRUE score? You can google it all day but have different answers. Thanks!!!!!

Re: Credit Seame

1stCarBuyer — Thu, 06 Sep 2012 04:30:18 GMT

I don't think it is...my score there is completely different from here.

Re: Credit Seame

LoveGoodCredit — Thu, 06 Sep 2012 12:32:07 GMT

is it loweror higher? mine is lower on there, when I was using identitiy guard it was a lot higher.

Re: Credit Seame

novabama — Thu, 06 Sep 2012 13:33:02 GMT

Don't go off of what you get off of creditsesame. It's an ok score I'd say. It's about a little above the middle of the 2 real FICO scores I got from myFICO. Do some search on here about where you can get your true FICO score, there are only a few places and credit sesame is not one. However I do use it as well and it's not bad for a free service!

Re: Credit Seame

jdirilo — Thu, 06 Sep 2012 13:44:45 GMT

I think I read in one of the other forums "General Credit" that one of the moderators posted a huge list of credit monitoring services, and Credit Sesame is similar to CreditKarma, it is a FAKO score. I have yet to learn exactly what FAKO means but I don't believe its a true FICO score.

My CreditKarma account shows my TU score as 572. But yesterday I apped for a Discover card and they said my TU score was 615. Pretty big difference.

Re: Credit Seame

jcstarkey8826 — Thu, 06 Sep 2012 13:48:04 GMT

I don't think it is accurate. Mine just happens to be the same, but that's a coincidence. I think fakos are much more accurate when you don't have CAs or PRs. When I got mine removed, my scores didn't change, but FICO did. Now my fakos and FICO are only a couple points off and EX is dead on. I don't rely on them for anything, just an FYI

Re: Credit Seame

novabama — Thu, 06 Sep 2012 13:50:15 GMT

Here are my scores for some proof:

Credit Sesame FAKO: 575

Credit Karma FAKO: 511 (WAY low)

True FICO TU from myFICO: 589

Re: Credit Seame

Datx — Thu, 06 Sep 2012 13:56:09 GMT

The score from Credit Sesame is an Experian FAKO score, so you really can't compare that score from any scores here on myFICO anyways, since can't purchase your EX score. There is a discussion on another board where alot of people posted saying that their real EX FICO score (obtained from PSECU) closely matched their Credit Sesame score. So its believed that even though Credit Sesame is still a FAKO score, it gives you a fairly good idea of what your real EX FICO score is.

Re: Credit Seame

jcstarkey8826 — Thu, 06 Sep 2012 13:59:23 GMT

Exactly. I wouldn't swear by it, but it seems to be better than others. My EX matches to the number from my apt pull. You never know. My TU was over 40 points off until I deleted PR and CA. Now it's 3 points off.

Re: Credit Seame

LoveGoodCredit — Fri, 07 Sep 2012 03:38:49 GMT

is PR portfolio recovery? I need to get rid of them from my CR.

Re: Credit Seame

jcstarkey8826 — Fri, 07 Sep 2012 03:43:35 GMT

Public record. I had a judgment removed. Haha sorry

Re: Credit Seame

LoveGoodCredit — Fri, 07 Sep 2012 03:49:22 GMT

Ah.. K.. Had my hopes up there for a second

Re: Credit Seame

jsucool76 — Fri, 07 Sep 2012 20:37:01 GMT

@Datx wrote:
The score from Credit Sesame is an Experian FAKO score, so you really can't compare that score from any scores here on myFICO anyways, since can't purchase your EX score. There is a discussion on another board where alot of people posted saying that their real EX FICO score (obtained from PSECU) closely matched their Credit Sesame score. So its believed that even though Credit Sesame is still a FAKO score, it gives you a fairly good idea of what your real EX FICO score is.

This makes me happy, since my CS has broken 700

Re: Credit Seame

LoveGoodCredit — Sat, 08 Sep 2012 02:35:24 GMT

NICE! Mine just went up 20 points. I am breaking 600! LOL. Sad, but gotta start somewhere. My family was NEVER credit or MONEY savey. I am the first one to step up and if I knew then what I know now, it would not have gotten out of control. ALSO, My daughters will be taught the proper way to handle finances and credit.

Re: Credit Seame

Shogun — Sat, 08 Sep 2012 03:50:11 GMT

Credit Sesame is a FAKO and only updates once a month.