topic Re: Credit Karma vs Credit Sesame --- Thoughts? in General Credit Topics

Credit Karma vs Credit Sesame --- Thoughts?

CountryLad — Sat, 29 Sep 2018 17:41:37 GMT

Hello Community Members -- wondering if anyone has any strong opinions -- one way or another -- for Credit Karma vs Credit Sesame or any other such agency... I have accounts on both -- and I take them for what they're worth. I fully understand FICO vs FAKO scores and I don't use either of them for prequal. I have noticed, however, that Credit Sesame pushes hard and fast credit card applications. Sometimes I get multiple emails from them in one day -- pushing applications and telling my my score could go up if I had one more credit card. I get that's how they make money. The thing I find funny with Credit Sesame is they also try to tell me I could raise my score if I balance transferred to a different card. It's funny because my utilization reports at near, if not zero. There's nothing to transfer. I always PIF and they know that. With targeted marketing the way it is these days, seems they could be a lot more accurate. Just wondering what others think... Thanks.

Re: Credit Karma vs Credit Sesame --- Thoughts?

kilroy8 — Sat, 29 Sep 2018 17:45:52 GMT

Credit Karma is better simply because of more frequent updates. They are both FAKO, so the scores should be ignored in large part. They are useful for looking at account status, that is all.

As far as the recommendations - they should read "Our odds of getting a great referral kick back if you click here".

Re: Credit Karma vs Credit Sesame --- Thoughts?

19eighty5 — Sun, 30 Sep 2018 13:56:38 GMT

Agreed with the above post. They are both trash but Credit Karma is less trash than Credit Sesame. In addition to Credit Karma, I also use WalletHub as it provides daily FAKO TU updates for free.

Re: Credit Karma vs Credit Sesame --- Thoughts?

Thomas_Thumb — Sun, 30 Sep 2018 17:01:53 GMT

Credit Karma (CK) provides CRA information for both EQ and TU so it's better just from a convenience perspective. I use credit.com for Experian CRA summaries and EX Vantagescore comparison to EQ and TU.

CK also provides TransUnion insurance based credit scores (CBIS). It's the only place I know of where you can get a CBIS (free or paid) since LexisNexis stopped offering their CBIS early this year.

Re: Credit Karma vs Credit Sesame --- Thoughts?

HighAchiever — Fri, 19 Jul 2019 01:25:25 GMT

@Thomas_Thumb wrote:
Credit Karma (CK) provides CRA information for both EQ and TU so it's better just from a convenience perspective. I use credit.com for Experian CRA summaries and EX Vantagescore comparison to EQ and TU.

CK also provides TransUnion insurance based credit scores (CBIS). It's the only place I know of where you can get a CBIS (free or paid) since LexisNexis stopped offering their CBIS early this year.

I agree with Thomas_Thumb and I also use WalletHub, CreditWise, Credit Karma and Credit.com for the VantageScore and information provided. Just take the scores with a grain of salt and understand the information given about how they got those scores...