@Thomas_Thumb wrote:
@iv wrote:
@Anonymous wrote:
Are you are? They're right on the dot with the score I got from Experian. Just got lucky I guess."Your credit scores are provided by CreditXpert, Inc. and indicate your relative credit risk level for educational purposes. They may vary between bureaus and are not the scores used by lenders. Your scores may not be identical or similar to scores you receive directly from credit agencies or other sources."
Not FICO. Not even Vantage. Meaningless.
From what I have read many service providers that include CreditXpert scores as part of their offering are affiliated and are managed by the same parent (ScoreSense). The parent has a reputation for misleading consumers and putting "unauthorized" charges on credit cards. Dropping a "free trial" service within the "trial period" can be quite difficult. There have been some class action lawsuits regarding unauthorized charges. Trilegiant Corporation, the parent of Fast3creditscores, has been subject to similar complaints and class action filings.
Some links relating to these issues are provided below
http://www.complaintslist.com/credit-services/score-sense/
Note: CreditXpert is an independent company that offers an educational credit score to client companies. Their "what if" simulator is highly regarded by some loan officers in estimating effect of changes in an applicant's profile on Fico mortgage scores. The scoring model and CreditXpert are not part of the reported scams, it is some 3rd party users..
Well, I signed up for a 14 day PrivacyGuard trial membership for $1 to get my CreditXpert scores and 3B report. If you are planning to get a mortgage - It's worth a look!!
I like the report and the "compare" feature which identifies account differences among the credit reports. Really a helpful tool - but not worth the $19.99 monthly fee. The CreditXpert algorithm (based on score results) appears to have some commonality with Classic Fico 04. I had 5 of 6 credit cards reporting balances on EQ and TU and 4 of 6 reporting on EX. The lower EQ CreditXpert score relative to other CRAs is in-line with what I see with EQ Fico 04 score under similar circumstances.
I reviewed PrivacyGuard's CreditXpert score and simulator tool in more detail inthe mortgage section (link below).
http://ficoforums.myfico.com/t5/Mortgage-Loans/How-accurate-is-CreditXpert/m-p/4933059#M207123
I found an older Fico 3B report wher I had 5 of 6 cards reporting balances across all 3 CRAs (aggregate UT at 3%). Pasted below are the corresponding Fico 04 scores - and yes I cut paste to show EX Fico 04 (score 3) instead of EX 98 (score 2) to maintain apples to apples comparison with CreditXpert.
I'm a bit taken aback by how close CreditXpert scores are to Fico 04 scores. [BBS - for a $1, 14 day trial you may want to get PrivacyGuard's CreditXpert scores and check out the simulator]
| Scoring model | EQ | TU | EX |
| CreditXpert | 783 | 816 | 824 |
| Fico 04 | 787 | 815 | 830 |
Side note: pasted below for completeness is my corresponding EX Fico 98 score (score 2)
@EW800 wrote:
Thank you very much for the information on PrivacyGuard, TT. I am likely going to give it a try for the 14-day trial.
Thanks again!
EW800, Go for it - I really liked the web site and PrivacyGuard is a good product for credit/fraud monitoring.
I did feel a bit guilty about cancelling after 4 days but cancellation is easy to do online - no requirement to talk with a high pressure CSR that tries talking you out of cancellation. They do send confirmation via email and allow you to keep access for the full 14 days for the $1 trial.
