Really Fico

[Anonymous]

 Now I've been hangin here since around first or year. Have gotten 3 secured cards and had one go from Secured card to regular card (Wells Fargo). My starting score was 526 and now 11/30 with usaa 3 report Fico it says i'm at 588. Figure this out, One score is 588 another is 600 and another TransUnion  is 735. My question is how can i have 588 score with those score. I would have thought it would be 620/635???

Thanks

[Anonymous]

Different tradelines report to different bureaus. Your low score more than likely has a fair amount of adverse information reporting.

[Anonymous]

Is a Tradeline a negative on credit report?? How can there be that much difference 588 to 735?? Are you saying that other two credit bureaus will be raising score as time goes by??

Thanks john

[Anonymous]

Trade line  is just another term for account. The only way I can imagine a difference that large is the presence of a major derogatory item such as a chargeoff or collection or a series of late payments past 60 days. That is a pretty big gap and without seeing your credit reports, I would have to guess either A) major derog or B) CRA error in reporting. Errors do occur and the statistics say that something like 1 out of 3 or 1 out of 4 people have some kind of error on their reports. Double check to make sure they're not screwing you over with some BS. You score will raise as time goes by as long as everything is paid on time and credit util is kept low. AAoA will increase and clean payment history will increase as well.

[ddemari]

Like the other poster said, you need to look over your three reports. There is something reporting to A and B that is not reporting to C (your high FICO).

A few years ago when I had negatives on my credit reports, a few only reported to Experian and a few only reported to Equifax and Experian and one only to Equifax. But I had a collection reporting from Midland credit management to all 3 reports. My TransUnion has always been my highest, once the collection feel off all 3 reports my TransUnion skyrocketed while the others didnt really. 

There is something on your reports that is not reporting to the CRA which is your highest score. You can order your reports at annual free credit report. org site and go through them line by line. 

[Anonymous]

what is your utilization on the cards you have,    if they are high compaired to your credit line its gonna hurt you big time .... 

[takeshi74]

---

@Anonymous wrote:

Figure this out, One score is 588 another is 600 and another TransUnion  is 735. My question is how can i have 588 score with those score. I would have thought it would be 620/635???

---

Don't assume.  As with any matter of determining the reasons for scoring you have to go to the reports and carefully compare.  As stated above, not all creditors report to all 3 so it's certainly possible that data and, therefore, scores can vary.  The amount of variance is irrelevant.  Again, you cannot just assume that your scores with the CRA's should be similar.  It all depends on the data in the reports.

Also, when referring to scores make sure you're considering both the CRA and the specific scoring model.  Are these FICO 8's?

---

@Anonymous wrote:

usaa 3 report Fico

---

USAA's CreditCheck products provide VantageScores.

https://www.usaa.com/inet/wc/creditcheck_monitoring_main?wa_ref=pub_global_products_bank_creditmonitor

[Anonymous]

Thanks, that's exactly what I've been doing. I just got two more cards, with revolving credit with one credit line of 800.00 and the other 750.00 using shopping cart trick. cards are overstock and I forget the other one DAH. Haven't had coffee yet.

[Anonymous]

they are 1/3 % a month. I keep them very low.

[Anonymous]

Yes they are Fico 8.