How Accurate is the Credit Karma Score?

[ecxpa]

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My point was that if ck purposely reports low scores to get lenders a higher interest rate that is wrong........got nothing to do whether or not it is a FICO or FAKO.   The offers sites makes or promotes is between the lender and the site.  That's why bonus offers vary......the lender may offer 40k point bonus and a vendor may offer a 50k point.......the site with 50k point bonus is more likely the one to be apped

[HiLine]

[Anonymous]

FYI:  I  found credit.com and credit Sesame (which are free sites) are close to FICO scores, they are only off by about 10 points.  Those 2 free sites are a little more accurate than credit Karma.  A pay site Quizzle (a pay site) is also off by 50 points or more.

[Revelate]

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@Anonymous wrote:

FYI:  I  found credit.com and credit Sesame (which are free sites) are close to FICO scores, they are only off by about 10 points.  Those 2 free sites are a little more accurate than credit Karma.  A pay site Quizzle (a pay site) is also off by 50 points or more.

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IT's all coincidence honestly; also credit karma is now using the same score version (different bureaus admittedly) as credit.com.

They're all 50+ points above my FICO 8 scores and even more than my FICO 4 and lower scores

[Anonymous]

Just because Credit Sesame is only 10 points off your Fico doesn't mean it's 10 points off someone else's. My CS is 30 points off my EX Fico. With fakos it's all by chance. Some people will find fakos that are identical but it's just a coincidence.

[bdhu2001]

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@Anonymous wrote:

My CK score and myFico score were both the same when I signed up for myFico, with the same info. 

I had my scores pulled the other day in applying for a mortgage- that TU score is 5 points lower than the CK and myFico scores of 641

A couple days ago, I had 2 collections removed from my report, and brought my cc utilization down to 8% from 26% and the credit limit raised $600 - this increased my CK score by 33 points to a 674, by my score here on myFico hasn't changed. 

The mortgage lender is going to pull again next week for the rate lock on the loan and I'll see then how those changes affect the score, but my CK score updated before the TU score on this site and it gives the same score....

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Although you've paid down the credit cards, the cards haven't officially reported it to the CBAs. When is your statement close dates and what are the dates that the credit card companies report it to the CBAs?  You can look at your statement for close date and view CK for the date they report to the CBAs.

[Anonymous]

Not that accurate

[Simply827]

I sent this email to the CK team:

"My CK score dropped by 86 points. I'm glad I actually get all three of my FICO scores each month from lenders. Your older model was only a few points off from my FICO. This one is way off.

I'm not happy with some of the changes I've seen come to CK. I think the scores and reports should align with our actual reports. CK switched to a 4 year history, when FICO uses 7. I got an alert that 4 accounts were removed from my credit report, but I pulled my TU report and all of the accounts were still there. I can no longer trust that the information given by CK truly represents my file. I understood that the score was an estimation, but the credit report information should be factual. You are truly for "entertainment purposes" now. How sad."

[Revelate]

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@Simply827 wrote:

I sent this email to the CK team:

"My CK score dropped by 86 points. I'm glad I actually get all three of my FICO scores each month from lenders. Your older model was only a few points off from my FICO. This one is way off.

I'm not happy with some of the changes I've seen come to CK. I think the scores and reports should align with our actual reports. CK switched to a 4 year history, when FICO uses 7. I got an alert that 4 accounts were removed from my credit report, but I pulled my TU report and all of the accounts were still there. I can no longer trust that the information given by CK truly represents my file. I understood that the score was an estimation, but the credit report information should be factual. You are truly for "entertainment purposes" now. How sad."

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I didn't know that, are you talking about PR counts and derogatories?  I know it's on open tradelines which is presumably why my 30/60 lates on my old closed BOFA tradeline never were counted... and weren't counted when I first signed up for CK when it was within roughly ~18 months of those lates IIRC.

[Anonymous]

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@Simply827 wrote:

I sent this email to the CK team:

"My CK score dropped by 86 points. I'm glad I actually get all three of my FICO scores each month from lenders. Your older model was only a few points off from my FICO. This one is way off.

I'm not happy with some of the changes I've seen come to CK. I think the scores and reports should align with our actual reports. CK switched to a 4 year history, when FICO uses 7. I got an alert that 4 accounts were removed from my credit report, but I pulled my TU report and all of the accounts were still there. I can no longer trust that the information given by CK truly represents my file. I understood that the score was an estimation, but the credit report information should be factual. You are truly for "entertainment purposes" now. How sad."

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No matter how you look at it fako's that match your fico are just by chance. If they are dead on it is nothing but a coincidence. The old CK had my score 50-70 points under my Fico score. This new score they are using has me about 15 points above my score. So CK reporting for me was opposite of how they scored you. And I don't know where you get this four year thing from. That may just be an error with them reporting on you. My last derog which is a public record from being sued over an auto loan shows up. It's five years old.