@Anonymous wrote:
Are the scores actual FICO scores as advertised?
They can't call them FICO's if they're not FICO's. FICO is a registered trademark and FICO scores are products of the Fair Isaac Corporation. Other companies can't just make up a new scoring model and call it a FICO. Make sure you consider the specific scoring model when referencing any score. Many sites have info on the scoring model on the site. This is on CCT's homepage:
Credit score calculated based on FICO Score 8 model
As pointed out above, if all you need/want are FICO 8's then CCT's as good as any other source for a FICO 8. A FICO 8 is a FICO 8. However, if you need other FICO models then CCT is the wrong tool for the job.
@Anonymous wrote:
Besides that, Experian scores are sometimes updated a few days myFICO does.
People need to keep in mind the myFICO is trigger based. CCT is not. CCT has set intervals. Those relying on myFICO need to be aware of the triggers (and what is not a trigger) as not all activity with a scoring impact is a trigger.
http://myfico.custhelp.com/app/answers/detail/a_id/463/~/understanding-what-triggers-fico%C2%AE-3-bureau-credit-monitoring-and-fico%C2%AE-identity
@Revelate wrote:
Why is everyone suddenly bashing VantageScore?
Suddenly? This has been going on for a very long time. A lot of people tend to rely on broad, sweeping generalizations and people on various credit sites repeatedly post memes like "Vantagescores are useless". "rely on FICO", etc. What's a newcomer to think when bombarded with posts saying stuff like that?
People should consider the relevance of the specific scoring model and CRA to a given creditor/product when referring to any score. While most creditors use a FICO model and FICO 8 is the most commoly used model it is not used for all creditors/products. However, it's much easier to rely on "FICO reliable", "FAKO useless", etc. The reality isn't quite so simple though.
@elim wrote:
I have paid for almost 2 years and am waiting for myFICO to improve but it doesn't seem to be happening.
@elim wrote:
I keep writing these lovely product reviews, but to no avail.
FICO isn't going to change based on your reviews. It's all about what the masses do. They have plenty of consumers like you that continue to buy their product as-is so why should they change? Discussion forum industry analysts on various topics seem to tend to assume that company A has to follow company B to succeed but that's not necessarily how the real world works. The company has to see potential benefit from the change. Additionally, FICO's real customers are the creditors. We're just a secondary market.
@tricie17 wrote:
I have both. CUT is definitely awesome, with MyFICO you can pull the full picture because of other score versions. It is definitely worth spending the money on both.
Worth is always highly subjective. I don't use either though I've used both in the past. It is possible to have the full picture without scores with enough knowledge. However, there are certainly plenty who find scores to be a useful tool. As with any subjective matter, it's up to each to determine the worth of each option.
@Anonymous wrote:
is it $14.95 for just EX?
Nope. It's the same offering as full price. See also:
https://www.creditchecktotal.com/
https://www.creditchecktotal.com/faqs
As well as prior posts in this very thread for info on what CCT provides.
Starting Score: 544
