I like Credit Karma because it alerts me of pulls, CLIs, and relevant account information (utilization!) that I may not know. It has been helpful.
Plus, I like the data points for approvals on the credit cards. That is a good asset to have when you research which card(s) to apply for. 
@grinlikechelsea wrote:I like Credit Karma because it alerts me of pulls, CLIs, and relevant account information (utilization!) that I may not know. It has been helpful.
Plus, I like the data points for approvals on the credit cards. That is a good asset to have when you research which card(s) to apply for.
All of that is marketing mumbo jumbo geared to get you to apply. A marketer gets paid when you apply whether you get approved or not.
Those scores are FAKO's anyway so how could they possibly be reliable to give you a recommendation for which card to apply for?
I use these services as a guide, and pay little attention to the actual scores. They each have their pros and cons; ex: CK doesn't show closed accounts so it shows a misrepresentation of my actual credit age. They're not FICO's scores, so I focus on the advice and alerts.
@Rhaeny wrote:
@grinlikechelsea wrote:I like Credit Karma because it alerts me of pulls, CLIs, and relevant account information (utilization!) that I may not know. It has been helpful.
Plus, I like the data points for approvals on the credit cards. That is a good asset to have when you research which card(s) to apply for.
All of that is marketing mumbo jumbo geared to get you to apply. A marketer gets paid when you apply whether you get approved or not.
Those scores are FAKO's anyway so how could they possibly be reliable to give you a recommendation for which card to apply for?
The reviews are marketing mumbo jumbo? I never apply through CK'S links; I see if there's a good sign up bonus elsewhere on the web if my profile seems to reasonably compare to other holders of the card through CK and credit pull databases. I know its a FAKO, but it gives me a decent range of where I'm at in terms of my overall profile. For example, I can see the impact of a new account, high utilization, low AAoA on my report.
That's how I use it anyways.
Quizzle uses a very modern scoring technique, VantageScore 3.0. It's a serious score that is increasingly getting attention by creditors but is still way below the market share of FICO scores. It incorporates payment data as well as balance data and will ding you a lot if you are not paying well above the mins. On the positive side, unlike FICO and every other score, VS3.0 completely ignores paid collection accounts. This, together with other differences is why VantageScore can easily vary a huge amount. Not only from FICO scores but FAKO's as well.
These are some of the big differences it has with FICO scores though I expect the payment info to be a factor in the newly revised FICO score expected to be released later this year. This data is highly risk predictive based on the banking blog at www.FICO.com FICO currently sells custom solutions that incorporate this data to lenders (not to us though) but it is not yet a part of FICO scores.
