topic Re: what is the best score watch out thier in General Credit Topics

what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 15:13:59 GMT

Okay question of the day. I am looking to monitor my credit score what is the best out their. I know that when you get a mortgage they go by your middle score but that can vary from CR to CR. So is there a credit score watch that I can view all three. I am looking to clean up my credit by sending out gw letters and want to know if that will help my score. I have paid off all collections and charge off cc. I guess the next step is the gw letters. What do you guys out their suggest.

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 15:20:33 GMT

If you haven't been booted yet, I still say truecredit is the best place to daily monitor your score.

I will promptly change my tune of course if they boot me.

AMEX creditsecure is decently priced but pretty lame compared to TC, and I think most creditsecure customers know this. It lists info in a really convuluted way, doesn't show past 2 years of history, and doesn't tell you exact dates that creditors report.
Lame.

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 15:24:05 GMT

Isn't true gredit a faco score rather than a fico?

Re: what is the best score watch out thier

John060675 — Fri, 05 Oct 2007 15:25:31 GMT

Yes, FACO. The only place for a FICO score is........well, FICO.

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 15:29:12 GMT

I would agree the TC is the best way to monitor you REPORTS. MyFico or Equifax Scorewatch are the best way to keep track of SCORES.

Message Edited by Timothy on 10-05-2007 08:29 AM

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 15:29:00 GMT

But mortgage companies do not go by a faco score the go by fico, Right?

Re: what is the best score watch out thier

MM1234 — Fri, 05 Oct 2007 15:30:29 GMT

Since FICOs are the ones that matter you can do ScoreWatch for $8.95 per month. I use this and like it. A few times its missed sending "alerts" but thats rare. This gives you notice of your EQ Score only. Then you may want to buy all 3 scores quarterly to see how your doing.

I was using TrueCredit for the last 6-7 months and it was nice if you wanted to check all 3 of your Reports for Balances and FAKO scores daily if you wanted to. But I canceled it cause they varied a lot from my FICOs.

So - If you need to monitor your scores daily (which is not really needed since they only change ones a month in most cases) you can use TC. If not use SW and get your real FICOs every 3 months.

Stay away from certain ones. Im sure others can offer names. I heard that service from "FreeCreditReport.com" was a bad one. I used Experians Service once and it said my score was High 900s........900? So they use that Vantage which is worthless.

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 15:39:06 GMT

That might explain why when I pulled my credit reports from ex and equ that exp was 699 and the equ was 600. I was wandering why their was such a huge difference between the two. I pulled tu back in march and it was 674. This is also a reason why I want to know. The range between all three is huge.

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 15:43:04 GMT

I use CreditKeeper (affilaited with Experian) and yes, they are FAKO scores. However if the FAKOS are rising substantially, then the FICOs should be going up also. There was about a 20 point difference between FAKO and FICO on my Equifax report.- FICO was lower. However, I don't need my FICO scores daily or even monthly - I do want to see all three reports monthly for at least the next year (I'm in build mode)... and I will probably keep monitoring just because it's a good idea (id theft prevention, etc)

Message Edited by Lady_Scarlet on 10-05-2007 11:43 AM

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 15:48:20 GMT

I guess tc is not that bad then becuase I am trying to clear up my credit with gw and so on. I know that alot of companies do not respond back to you so the only way I will be able to tell is if I see it on all three reports.

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 16:23:31 GMT

You can get Scorewatch from credit.com for $7.95 and yes it is FICO.

Cheapest I've found so far. It's EQ only.

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 16:29:14 GMT

Sorry I take that back. The cheapest is SW from http://www.coastalfcu.org/credit_reports.htm

$5.95 a month

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 17:24:25 GMT

Not to hi-jack the thread, but let me ask this...I pulled a report from experian.com that only shows Experian info, I pulled all three reports from freecreditreport.com that doesn't give as much information, but has all three side by side.

If I'm starting a clean up process, am I better off pulling all three reports individually and seeing what each one has, or will the 3-in-1 suffice? I ask because there is varying information on the reports.

Thanks!

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 17:27:29 GMT

I would say all three reports seperatly you don't know they could have condenced the info.

Re: what is the best score watch out thier

Anonymous — Fri, 05 Oct 2007 18:14:11 GMT

Hey Daisylove,

I'm suggesting you use truecredit to keep track of your three reports. It's cheap--only $15 a month for very accurate daily reporting. The scores they post there are FAKO's, and correct, banks do not look at these. You can purchase your fico scores here--$45 for all three. If you haven't done it yet, I would do it just to see what your REAL fico's are. I know it's $45, but you will get three true fico's and three real in-depth reports explaining why they are the way they are.

To get a clearer picture of what's going on, I'd recommend getting scorewatch too for a few months or so ($9 a month). If there's a change to your Equifax score, Scorewatch will report it, and you will see how it effects your score. Cross reference what you see in your scorewatch reports w/ what truecredit shows you. Remember to get true use out of true credit, you need to pull your score everyday. Scrutinize your credit for a few months--learn the ins and outs of credit on these and other forums. Pay for a new official fico score every so often.

After a few months pass, when you feel you can really understand how the credit system works, consider cancelling scorewatch, and just keep truecredit. Stop buying fico scores. At this point, you can use Truecredit to monitor daily and have a rough idea what your Fico is.