topic Re: ummm what happened to my credit report in General Credit Topics

ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 16:29:31 GMT

myfico shows that my scores on all three went up 21-24 points:
equifax - 686
experian- 691
transunion - 697

then credit karma shows the total opposite haha. they've always been similar to my actual score (i know it's a FAKO so please don't coach me on the differences in their scores) but CK shows that i went down 56 points on equifax and 85 points on transunion (590!!!!!!!) what the heck happened why did they go WAY too opposite

i have seen it happen to other people but not THAT drastic **bleep**.

Re: ummm what happened to my credit report

woodsie1 — Sat, 05 Sep 2015 16:50:58 GMT

I have read on here that as your fico scores continue to climb that eventually CK scores take a dip... But idk why.

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 16:57:15 GMT

Hows your utilization? I find my fico score pays more attention to certain thresholds (under 50%, under 10%- i know you know this already 😉), but my vantage on cc sometimes goes down when my utilization goes down. Strange.. Also, have any accts reached the one year mark? Inquiries age off? Maybe ck has some accounts missing?

Oh well! A higher fico is worth a crappy ck! It'll probably catch up anyways...

Congrats on the increases!

Re: ummm what happened to my credit report

Simply827 — Sat, 05 Sep 2015 17:21:29 GMT

CK's model is crap. It actually used to be pretty close to my FICO scores before they switched to Vantage. It's been consistently 60-80 points lower than my FICO scores since the switch. An inquiry fell off, and my score actually went down the other day.

I really only use CK now to monitor for changes in my report.

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 17:28:37 GMT

my fico went up due to me using another card i don't usually use so yeah. utilization is like 4-6%
report looks correct but idk what happened lol CK must suck

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 17:34:05 GMT

I always experience the same. FICOs go up, CK scores go down. Not by that much, though... usually just a few points drop on CK. My latest was when my auto loan reported... for FICO it increased scores because of credit mix, but CK knocked me down for a new account.

My CK for TU is 659 and EQ is 666. While FICO for TU is 735 and EQ is 731. Literally differences of 75 and 65 points lol.

CK is really good for viewing changes on my reports though so I check regularly for that reason alone.

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 17:38:02 GMT

yeah and i do know their scoring is hogwash. i just found it crazy that it dropped SO MUCH. if it were 5-20 points then i wouldn't have mentioned anything but over 80?! that's bonkers

Re: ummm what happened to my credit report

UncleB — Sat, 05 Sep 2015 17:40:36 GMT

@Simply827 wrote:
CK's model is crap. It actually used to be pretty close to my FICO scores before they switched to Vantage. It's been consistently 60-80 points lower than my FICO scores since the switch. An inquiry fell off, and my score actually went down the other day.

I really only use CK now to monitor for changes in my report.

I'm glad I'm not the only one... a couple of weeks ago I had an inquiry drop off Equifax, and my Credit Karma EQ score dropped over 40 points! My Credit Karma TU, which didn't have the inquiry that dropped, didn't change at all. There were no other changes from the previous week. So now my CK TU score is about 15 points higher than FICO, and my CK EQ is about 30 points lower than FICO.

I'm like you... I like CK for being able to monitor changes, but the scores are so far off now it's not even funny.

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 17:38:25 GMT

Credit Karma scores are pretty close until you go on an applications spree. I fall a good 60 points. on everything else just kind of bobbles up and down about the same after initial hit.

That is what's so ironic they push so many cards and if you go ahead and get them your scores are like bankruptcies scores

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 17:39:28 GMT

Yeah.. it's ridiculous. I feel bad for people who think those are their real scores. An 80 point drop. Lol. It's actually comical.

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 17:39:39 GMT

one more thing though

my experian app (which i paid for through this site) showed that my score went up 24 points to 691 but myfico shows a 677.. that is strange

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 17:40:00 GMT

667**** excuse the infamous phone typo

Re: ummm what happened to my credit report

Anonymous — Sat, 05 Sep 2015 17:41:12 GMT

oh and the myfico shows it went up two points to get to that 667, then the experian said it went up 24 points from THAT new score from 667 to 691. so they both updated the same day (got notifications of it with an hour of each other)

Re: ummm what happened to my credit report

Anonymous — Mon, 07 Sep 2015 01:07:15 GMT

"tin foil hat thory here"

For one, i notice that my length of histor is MUCH lower on CK than it is on MyFico (2.5 years on CK vs 12.5 on MF) . It seems that Vantage only looks at the last couple years. It also seems as though it would suit them to make you "think" you have a low score so they can peddle their subprime cards and LexLaw and the like. I have a collection that started reporting in May, and it made much more of a hit on CK than it did on MF. I believe a lot of it has to do with not taking into account my ACTUAL age of accounts. At first I thought CK was legit untill I pulled the scores from here, and was pleasently surprised. I show about a 50 point lower score on CK than I do here.