I have not been on here awhile but still keeping an eye on my credit score through such companies like Quizzle, Creditkarma and credit.com. Currently my score on Creditkarma is 693 and on Quizzle it is 717. Credit.com does not give a score but gives me an "A". I decided to try the free trial of score watch here on Fico and was pleasantly surprised my score was 721. Last time I checked on Fico it was 656 which was a year ago. I am wondering with the other scores being FAKO they seem pretty close to what I pulled here on here on my fico. I know Quizzle just noted last week that they changed there scoring and I dont know if this made a difference or not. I know Creditkarma is showing more inquiries than I have (they show 3) and I have none. So is there any thoughts on these sites and the accuracy?
@Anonymous wrote:
I have not been on here awhile but still keeping an eye on my credit score through such companies like Quizzle, Creditkarma and credit.com. Currently my score on Creditkarma is 693 and on Quizzle it is 717. Credit.com does not give a score but gives me an "A". I decided to try the free trial of score watch here on Fico and was pleasantly surprised my score was 721. Last time I checked on Fico it was 656 which was a year ago. I am wondering with the other scores being FAKO they seem pretty close to what I pulled here on here on my fico. I know Quizzle just noted last week that they changed there scoring and I dont know if this made a difference or not. I know Creditkarma is showing more inquiries than I have (they show 3) and I have none. So is there any thoughts on these sites and the accuracy?
Have you seen who these inquiries are from? Does CreditKarma show you that?
You need to make sure someone else is not trying to get credit in your name. If CreditKarma doesn't show them, pull a report directly from the credit bureau to verify what they are.
@LynetteM wrote:
@Anonymous wrote:
I have not been on here awhile but still keeping an eye on my credit score through such companies like Quizzle, Creditkarma and credit.com. Currently my score on Creditkarma is 693 and on Quizzle it is 717. Credit.com does not give a score but gives me an "A". I decided to try the free trial of score watch here on Fico and was pleasantly surprised my score was 721. Last time I checked on Fico it was 656 which was a year ago. I am wondering with the other scores being FAKO they seem pretty close to what I pulled here on here on my fico. I know Quizzle just noted last week that they changed there scoring and I dont know if this made a difference or not. I know Creditkarma is showing more inquiries than I have (they show 3) and I have none. So is there any thoughts on these sites and the accuracy?Have you seen who these inquiries are from? Does CreditKarma show you that?
You need to make sure someone else is not trying to get credit in your name. If CreditKarma doesn't show them, pull a report directly from the credit bureau to verify what they are.
Credit Karma doesn't show the details of inquiries. It only shows the amount of inquiries one has on their TU report.
@Anonymous wrote:
ISo is there any thoughts on these sites and the accuracy?
Several of us here use a CMS to pull our reports and see when accounts are updated. But we're very careful to ignore their scores. Once in awhile, some scores will be close - which makes us wonder if there's a pattern - or similarities in up and down behavior between FICO scores and FAKO scores. I've been there as well, and hopeful that other FAKO's mirror FICO's in SOME way. But they don't.
I posted the following post earlier about CCT FAKO scores - the same is true across the board for other FAKO scores, including Quizzle, Creditkarma and credit.com
I get fako PLUS scores from CCT and was pulling them when we did our mortgage app. That allowed us to compare all three PLUS and FICO scores for both DH and I - so six scores altogether. I also subscribe to ScoreWatch and get FICO EQ score updates that I compare with my ongoing CCT fako PLUS scores.
When we compared scores, they were all over the place. DH's PLUS EXP score was his highest, his FICO EXP score was his lowest. Mine was converse; my PLUS EXP score was my lowest and my FICO EXP score was high.
DH's PLUS score range between the three CRA's is less than 10 points. His FICO scores cover an almost 90 point range.
When companring FICO to PLUS, some of our scores were relatively close, some were 100 points off.
When my FICO went up, my PLUS did't. When my PLUS went up, my FICO went down. No pattern. No nothin'.
"The truth is, only Fair Isaac knows how FICO scores are calculated, and their formula is kept very secret. Other credit scores can sometimes come close to the mark, but they can be off by as much as 100 points either way. This is important because lenders don't use FAKO scores; they almost always use FICO. So it does you no good to know a score that a) isn't correct, b) won't be considered by lenders."
Experian is fairly straight forward in saying, "The Experian-developed PLUS Score model is a consumer-focused credit score." That means it is a product designed to sell to consumers. It is, in short, a cash cow. Because it is not designed to mirror FICO - but is designed as a consumer tool, it has differing criteria. That is also why the advice given along with PLUS and other FAKO scores is faulty when applied to FICO scoring. Following FAKO advice can, and does, lower FICO scores.
Hope that's helpful!