topic Re: Which Reports Matter? in General Credit Topics

Which Reports Matter?

Anonymous — Tue, 10 Jul 2007 15:39:11 GMT

Considering that my EX score is the highest I have:633, TU:596(probably 600+ at the beginning of Aug) and EQ 545. It would be safe to assume that EX really wont come into play when I seek future financing, right? i.e. EX is rather insignificant.

Re: Which Reports Matter?

Anonymous — Tue, 10 Jul 2007 15:44:17 GMT

It depends, some credit card companies only do specific pulls and just may use EX. Most lenders will pull all three for loans mortgages and car loans.

Re: Which Reports Matter?

Bruiser — Tue, 10 Jul 2007 16:02:09 GMT

yeah, most places for houses/auto loans will pull all 3

for house loans they will probably use your middle TU 596 score

for credit cards, they usually only pull 1

and depending on what state you're in and what you're applying for

Message Edited by Bruiser on 07-10-2007 09:02 AM

Re: Which Reports Matter?

Anonymous — Tue, 10 Jul 2007 16:08:13 GMT

all three matter.

Re: Which Reports Matter?

Bruiser — Tue, 10 Jul 2007 16:13:07 GMT

Experian is my middle score, which is the most important to me,..but i agree with Irvin, all 3 matter

TU hates me, but i still respect it and its puny score

one day it will give in and join my other 2 scores

Re: Which Reports Matter?

Anonymous — Tue, 10 Jul 2007 16:13:48 GMT

Thanks for the reply. Still trying to figure out what they then do with all three. Is it average?

Re: Which Reports Matter?

Bruiser — Tue, 10 Jul 2007 16:17:45 GMT

what are you looking for? credit card/ auto loan/ house loan?

when they pull all 3, they're looking at each one

it just depends what type of loan you're trying to get

Re: Which Reports Matter?

Anonymous — Tue, 10 Jul 2007 16:20:35 GMT

Surprisingly, TU has done right by me (knock on wood). Its that darn EQ. They dont play. Sad part is, like the rest of America, my biggest issue, 95% of whats on there, is hos/med related. I have been paying off stuff for a year now, have accumulated 7 cc(did keep balances at 15% til I started reading here) and gotten out of def. on a student loan and gained 118 pts. on EX, 70-80 on TU and a dismal 30 on EQ.

Thanks for all the replies.

Re: Which Reports Matter?

Anonymous — Tue, 10 Jul 2007 16:21:59 GMT

I am currently leasing a big rig and plan to buy about the second week of Aug. Truck will cost about $40-45 thou.

Re: Which Reports Matter?

Anonymous — Tue, 10 Jul 2007 17:09:19 GMT

Call your potential lender and ask them. Cc's from what I have seen pull from EX, car loans from credit unions pull from EQ and mortages pull all 3.