topic Re: Difference in Scores? (First Post EVER) in General Credit Topics

Difference in Scores? (First Post EVER)

Anonymous — Sun, 28 Apr 2019 20:38:23 GMT

Slight back story, i use experian to check all of my scores, hit the love button just to see what would happen as my capital one card was just upgraded from a platinum to QS, they declined it (bummer) but the score they provided in the decline letter from equifax was over 100 points lower than the one showing on experian and I was wondering how this was possible?

Re: Difference in Scores? (First Post EVER)

CreditInspired — Sun, 28 Apr 2019 21:58:20 GMT

@Anonymous wrote:
Slight back story, i use experian to check all of my scores, hit the love button just to see what would happen as my capital one card was just upgraded from a platinum to QS, they declined it (bummer) but the score they provided in the decline letter from equifax was over 100 points lower than the one showing on experian and I was wondering how this was possible?

Do you happen to know what your 3 FICO scores are? If yes, let us know. The scores can be different because it depends what’s on each report, which may have different things.

There may be more inqs on one report than the others.

There may be some baddies on one and not the other.

There may or may not be some fraud.

You need to pull all 3 reports, comb through them with eagle eyes, and find out what’s going on.

Re: Difference in Scores? (First Post EVER)

Anonymous — Sun, 28 Apr 2019 22:12:46 GMT

Wheres the best place to pull the scores? from myfico?

Re: Difference in Scores? (First Post EVER)

CreditInspired — Sun, 28 Apr 2019 22:14:55 GMT

@Anonymous wrote:
Wheres the best place to pull the scores? from myfico?

The cheapest place is credit check total for $1 for 7 days. However it’s extremely important to cancel by the 7th day or you’ll automatically be charged $29.99/month until canceled.

Re: Difference in Scores? (First Post EVER)

CreditInspired — Sun, 28 Apr 2019 22:18:39 GMT

Also, if you’ve never seen your reports, you can get all three for free once a year from www.annualcreditreport.com. Now, these don’t provide scores but it gives you everything that’s in your reports.

Re: Difference in Scores? (First Post EVER)

thornback — Sun, 28 Apr 2019 22:48:27 GMT

The difference between your EX FICO 8 and the EQ score provided by CapOne may be due to the FICO score model used by CapOne. Data points indicate CapOne uses one of the older FICO versions --for EQ, it has been noted that FICO 5 (mortage score) is used.

@Anonymous wrote:
Slight back story, i use experian to check all of my scores, hit the love button just to see what would happen as my capital one card was just upgraded from a platinum to QS, they declined it (bummer) but the score they provided in the decline letter from equifax was over 100 points lower than the one showing on experian and I was wondering how this was possible?

You should still pull all three reports though, as suggested by @CreditInspired, just to ensure that they are all accurate. You can do that for free through annualcreditreport.com (reports only, no scores).

Note: If you already have the Experian membership -- you cannot use the CreditCheckTotal $1 trial as it is owned by Experian. They will require you to log in with your current membership username / password and you would have to upgrade to one of the paid memberships get all three reports & scores. You can do that, but the Experian memberships will only give you mortage scores for Experian, not for Transunion and Equifax - they will only provide FICO 8 scores for those two bureaus.

To see all 28 of your FICO scores (FICO 8, auto, mortgage, bankcard, and FICO 9) , you would have to purchase a 3B report from myFICO. Then you could match up the score quoted by CapOne to one of the 28 scores provided to confirm the model used by CapOne.

Re: Difference in Scores? (First Post EVER)

Anonymous — Sun, 28 Apr 2019 22:50:42 GMT

No ive never pulled them, ill have to do that. But the scores in my sig are from experian and they line up for the most part with discovers score card for the fico 8 and credit karma for the tu and eq as well as the score from creditwise from capital one. Just was confused about the difference in score that capital one provided in the decline letter.

Re: Difference in Scores? (First Post EVER)

Anonymous — Sun, 28 Apr 2019 22:56:55 GMT

Yeah, will have to sit down and pull them and comb through it next off days. That just completely baffled me.

Re: Difference in Scores? (First Post EVER)

thornback — Sun, 28 Apr 2019 23:00:56 GMT

@Anonymous wrote:
No ive never pulled them, ill have to do that. But the scores in my sig are from experian and they line up for the most part with discovers score card for the fico 8 and credit karma for the tu and eq as well as the score from creditwise from capital one. Just was confused about the difference in score that capital one provided in the decline letter.

Yes... CapOne is likely using the older model FICO 5 which is your EQ mortgage score.

The score you receive from Experian is your Experian FICO 8.

The score from Disco scorecard is also Experian FICO 8 (unless you are referring to the one you receive through your cardholder account - then that would be Transunion FICO 8).

You have 28 different FICO scores and, while the most widely used version is FICO 8, some lenders may use one of the other FICO versions.

CreditKarma and Creditwise scores are of the Vantage 3 model so should not be compared to your FICO scores at all -- even if they tend to be close in range because that can all change at the drop of a hat since the two models respond to aspects of your credit differently.

Re: Difference in Scores? (First Post EVER)

CreditInspired — Mon, 29 Apr 2019 01:57:51 GMT

Thanks @thornback for the info. I didn't realize having an Experian membership cancelled out the $1 trial.

Re: Difference in Scores? (First Post EVER)

Anonymous — Mon, 29 Apr 2019 19:20:36 GMT

@CreditInspired wrote:
Thanks @thornback for the info. I didn't realize having an Experian membership cancelled out the $1 trial.

I have a free membership & do $1 trials once or twice per month.

Re: Difference in Scores? (First Post EVER)

thornback — Mon, 29 Apr 2019 20:23:30 GMT

@Anonymous wrote.

I have a free membership & do $1 trials once or twice per month.

It would not let me do this.... i guess OP can try and see what happens..

Re: Difference in Scores? (First Post EVER)

Anonymous — Mon, 29 Apr 2019 20:52:55 GMT

I agree you should pull your credit reports, but I recommend pulling one every four months that way you have a "fresh" one every four months. You can get your TU and Equifax report from Credit Karma for free. You already are receiving your Experian score. Maybe pull the TU and compare it with the CK score.

Re: Difference in Scores? (First Post EVER)

Anonymous — Mon, 29 Apr 2019 21:29:03 GMT

@thornback wrote:
@Anonymous wrote.
I have a free membership & do $1 trials once or twice per month.
It would not let me do this.... i guess OP can try and see what happens..

That's odd. Perhaps it's as simple as which point of entry you are using to access your free Ex account? I enter here (Member Login):

Re: Difference in Scores? (First Post EVER)

thornback — Mon, 29 Apr 2019 21:33:11 GMT

Yea, that's exactly where/how tried to sign up - and it redirected me to my EX membership page to upgrade in order to pull all 3 scores / reports.

@Anonymous wrote:
@thornback wrote:
@Anonymous wrote.
I have a free membership & do $1 trials once or twice per month.
It would not let me do this.... i guess OP can try and see what happens..
That's odd. Perhaps it's as simple as which point of entry you are using to access your free Ex account? I enter here (Member Login):

Re: Difference in Scores? (First Post EVER)

Anonymous — Mon, 29 Apr 2019 21:41:50 GMT

Okay. Now if you select the $1 trial it should take you to your sign in page & then into (now) a free trial for 30 days.

Re: Difference in Scores? (First Post EVER)

thornback — Mon, 29 Apr 2019 21:45:01 GMT

@Anonymous wrote:
Okay. Now if you select the $1 trial it should take you to your sign in page & then into (now) a free trial for 30 days.

Nope.. there is no trial offer option on my membership page. It asks to upgrade at the regular cost.

Perhaps it's because I've had paid membership in the past and downgraded.

Re: Difference in Scores? (First Post EVER)

Anonymous — Tue, 30 Apr 2019 07:43:33 GMT

Just go through Experian.com directly. Experian offers me a trial every time I log in and am not currently on one. Make a new email address if you need to.

Re: Difference in Scores? (First Post EVER)

SouthJamaica — Tue, 30 Apr 2019 18:55:36 GMT

@Anonymous wrote:
Slight back story, i use experian to check all of my scores, hit the love button just to see what would happen as my capital one card was just upgraded from a platinum to QS, they declined it (bummer) but the score they provided in the decline letter from equifax was over 100 points lower than the one showing on experian and I was wondering how this was possible?

Capital One usually uses Equifax FICO 5.

The score you got from Experian is probably Experian FICO 8.

Re: Difference in Scores? (First Post EVER)

Anonymous — Tue, 30 Apr 2019 19:16:16 GMT

Gotcha, Yeah have figured that out and for everyone posting about the scores, and how to view them i personally use experian to view all 3 TU EX and EQ credit karma scores are a bit off as well but not much and citi bank shows me a score, capital one shows me a score and my auto loan through ally shows me i believe fico auto 3? could be wrong on that.