topic Re: How accurate is Capital One CreditWise? in General Credit Topics

How accurate is Capital One CreditWise?

Anonymous — Sat, 19 Nov 2016 17:26:19 GMT

I'm curious how CreditWise compares to TU, EQ, and FICO.

Re: How accurate is Capital One CreditWise?

909 — Sat, 19 Nov 2016 21:46:26 GMT

The CapOne Creditwise score is a TU Vantage 3.0 score and it tracks the Vantage 3.0 score I see on Credit Karma perfectly. As for accurate, the Creditwise TU Vantage 3.0 score can only be compared to another of the same so date of the score would be the only variable.

For me, my TU Vantage 3.0 score lags my FICO TU score 8 by 11 points: 783 TU FICO 8 v 772 TU Vantage 3.0 but differences should be expected because they're different score models.

Re: How accurate is Capital One CreditWise?

Anonymous — Sat, 19 Nov 2016 17:30:15 GMT

It is a completely different scoring system (Vantage 3.0). You really can't compare the two. There is no standard if FICO is X Vantage is Y type of comparison. They have their own scoring rules.

You can get a free EX score from Discover, even if you are not a customer. https://creditscorecard.com/

Also, you can do a 1 week trial with credit check total to get all 3 scores for $1. Just don't forget to cancel.

Re: How accurate is Capital One CreditWise?

909 — Sat, 19 Nov 2016 21:47:32 GMT

Duplicate post.

Re: How accurate is Capital One CreditWise?

Anonymous — Sat, 19 Nov 2016 21:04:54 GMT

Creditwise is the Capital One spin on a TU VantageScore 3.0 model. FICO has different scoring models which can yield scores higher or lower depending on profile. EX, EQ and TU are credit bureaus that possess your data, they are not scoring models. They provide the data that the different scoring models use. Hopefully that makes sense.

Re: How accurate is Capital One CreditWise?

Anonymous — Sun, 20 Nov 2016 20:58:41 GMT

thanks didn't know about this, i'm at 649 according to discover

Re: How accurate is Capital One CreditWise?

Anonymous — Mon, 21 Nov 2016 01:03:11 GMT

Ohh ok thanks everyone!

Re: How accurate is Capital One CreditWise?

Anonymous — Mon, 21 Nov 2016 01:43:44 GMT

@Anonymous wrote:
thanks didn't know about this, i'm at 649 according to discover

If that score is from your Discover account, it's a TU 08 score. If it's from discover score card (no account needed) it's an EX 08 score.

Re: How accurate is Capital One CreditWise?

Anonymous — Mon, 22 May 2017 20:36:25 GMT

CreditWise is the exact same TransUnion score that shows up on creditkarma.com. The exact same. I have never seen the two scores differ by even one point. It doesn't seem to be anything special being offered by Capital One.

Re: How accurate is Capital One CreditWise?

Anonymous — Wed, 01 Nov 2017 07:30:23 GMT

Re: How accurate is Capital One CreditWise?

Anonymous — Wed, 01 Nov 2017 16:56:02 GMT

It is also the same as what TransUnion gives you when you have one of their premium monitoring products, VantageScore 3.0.

Re: How accurate is Capital One CreditWise?

Anonymous — Fri, 03 Nov 2017 00:39:16 GMT

I want to knowy credit score

Re: How accurate is Capital One CreditWise?

Anonymous — Fri, 03 Nov 2017 00:41:32 GMT

Very accourte

Re: How accurate is Capital One CreditWise?

Anonymous — Fri, 03 Nov 2017 00:50:00 GMT

its just your vantage score and it's worthess.....

Re: How accurate is Capital One CreditWise?

Anonymous — Fri, 03 Nov 2017 01:27:59 GMT

The key is very very few lenders use vantage scores. I use some of their fetures at ck such as % utiz, balances but not for scores.

Re: How accurate is Capital One CreditWise?

joltdude — Sun, 05 Nov 2017 06:52:44 GMT

Iv heard that VS scores are sometimes used for renters but other than that very few to no CC issuers use them... kinda hate folks calling them useless but they can be slightly helpful when waiting for a FICO score to generate.. What little iv seen is that VS can score earlier similar to a New Account score ..... still not very useful when apping for a card though..

Re: How accurate is Capital One CreditWise?

marty56 — Sun, 05 Nov 2017 11:46:46 GMT

I have heard that Kohls uses a VS but I don't know. Funny thing is that when my credit was bad, my VS score said my credit was better group wise then my FICO score and now it is the opposite. LOL I'm not complaining.

Re: How accurate is Capital One CreditWise?

Anonymous — Sun, 05 Nov 2017 17:30:11 GMT

VS seem to pick up very heavy on current items. The posts about deliquents fading over time seems to apply more to VS than Fico. VS on me does not like Inq or number of new cards. These are not an issue with fico scores for me. My Fico scores are all around 760

Re: How accurate is Capital One CreditWise?

Anonymous — Fri, 13 Apr 2018 18:16:25 GMT

I am not sure what happened a few month ago but my FICO score on all my CC was 782 and then all of a sudden it dropped 40 pts on Creditwise on capital one- had been 782 before, Then when I run the Creditwise simulator it tells me my expected new score woudl be 782 even if I ADD $1,000 spending to any of my credit cards same if I pay off $7,500 of credit- Has to be something wrong and I have 2 other creidt monitoring apps that don't see the 748 score that Creditwise posts. I understand that there are different models but that is too far off and nobody at creidwise nor CapitalOne has been able to tell me why my score dropped 40 points one month when nothing at all changed.

go figure

Re: How accurate is Capital One CreditWise?

Anonymous — Fri, 08 Mar 2019 22:20:29 GMT

I know this is a bit old, but currently the difference between my Credit Wise score(651) and Karma score(716) are quite different. So I'm not sure your information is current anymore.