topic Help in Rebuilding Your Credit

Help

haleyjen — Thu, 18 Aug 2016 20:14:02 GMT

I just checked Credit Karma and my equifax score plummeted 92 points and I can't figure out why? I haven't had a late payment....no CO's????

Re: Help

haleyjen — Thu, 18 Aug 2016 20:32:59 GMT

I just signed up for Equifax's free trial and the score there is 80 points higher (so a small drop? I don't know, this is all far too confusing). I wish I could afford $60 a month for the My Fico.

Re: Help

Anonymous — Thu, 18 Aug 2016 20:37:27 GMT

MyFico 3b is $30 subscription a month
Creditchectotal is $30 a month (cancel while in trial will get offer $15 a month subscription for 1 year

Re: Help

Anonymous — Fri, 19 Aug 2016 13:29:08 GMT

@haleyjen wrote:
I just checked Credit Karma and my equifax score plummeted 92 points and I can't figure out why? I haven't had a late payment....no CO's????

Credit Karma uses Vantage 3 scores, if you had a large increase in utilization it can drop quite a bit and Equifax uses their own scoring system for the monitoring site which is different from Vantage 3.

Re: Help

righthererightnow — Tue, 23 Aug 2016 10:49:48 GMT

I wouldn't trust CK's scores (Fako scores), your FICO scores will give you a better perspective of your score.

Re: Help

Anonymous — Wed, 24 Aug 2016 19:30:00 GMT

@haleyjen wrote:
I just signed up for Equifax's free trial and the score there is 80 points higher (so a small drop? I don't know, this is all far too confusing). I wish I could afford $60 a month for the My Fico.

Equifax and Credit karma are both crap "FAKO" scores. Go and get your real FICO's from Credit Check Total, its $1 for a 7 day trial.

Re: Help

earon_williams — Wed, 24 Aug 2016 21:14:47 GMT

Indeed. MyFICO and CCT are essentially the only sites that deliver legitimate FICO scores that consumers can obtain themsleves. Their scoring models are based off of the FICO 8 score type. myFICO actually goes a few steps ahead and delivers mortgage, bank card and auto loan fico scores that are FICO 8 and of the old FICO scoring convention (Bankcard 5, FICO 2, etc). Cannto recommend them both more.

Re: Help

haleyjen — Thu, 25 Aug 2016 17:44:00 GMT

Signed up for Credit Check total yesterday! Thanks for the tip!

Re: Help

darwin_wins — Thu, 25 Aug 2016 17:46:30 GMT

Remember to call on 7th day to cancel it, they will offer you 50% for one year if you reach a CSR.

Re: Help

haleyjen — Thu, 25 Aug 2016 20:30:23 GMT

Reminder on my calendar! Thanks!

Re: Help

Anonymous — Fri, 26 Aug 2016 08:45:31 GMT

Quick question, is the Discover free Ex free Fico score card a true FICO score or is it a FAKO score as well?

Re: Help

Anonymous — Fri, 26 Aug 2016 21:40:43 GMT

@Anonymous wrote:
Quick question, is the Discover free Ex free Fico score card a true FICO score or is it a FAKO score as well?

For Discover it's not Experian, it's TransUnion:

Your FICO® Credit Score is based on your TransUnion credit report using the FICO® Score 8.

For CapitalOne CreditWise it's also Transunion:

Your new CreditWise score is calculated using the VantageScore 3.0 model.

For USAA it's Experian:

Calculated on the VantageScore 3.0 model.

For Mint it is Equifax:

The credit score provided uses the Equifax Credit Score, which is a proprietary credit model developed by Equifax.

Re: Help

darwin_wins — Sun, 28 Aug 2016 03:30:52 GMT

Discover does provide a free FICO EX score even to non-members. I think the site address is creditcardscore.com or something like that. And yes that is true FICO and not FAKO

Re: Help

Anonymous — Sun, 28 Aug 2016 08:02:21 GMT

@darwin_wins wrote:
Discover does provide a free FICO EX score even to non-members. I think the site address is creditcardscore.com or something like that. And yes that is true FICO and not FAKO

That is correct, it's a free fico Exp score (no discover card needed) , it's creditscorecard.com