MyFICO vs True Credit Guina Pig

MM1234 · ‎05-02-2007

Well I guess I dont have anything better to spend on so I signed up for True Credit 3-1 that gives you monthly monitoring for all 3 and alerts ( so they say ). I was curious to see how they differ. Heres a brief summary.

My TU was 13 points Higher on TC
My EX was 48 points LOWER on TC
My EQ was 8 points LOWER on TC

Im still a MyFICO beliver and Im sure those scores are Vangtage Scores. But Im curious to know just incase lenders are using this scoreing I wont be shocked if the tell me my score is different that what I know is on MyFICO.

I have paid down a lot of CCards this month so will see what my FICOs and TC Scores are next month and will report back.

One thing I can say about TC is the reports/layouts are not as clean looking as myFICOs and they seem to have a bit more Ads for other companies on the same pages as your reports. They also have fine print about the scores are not "so called FICO".

MM1234 · ‎05-02-2007

Oh - one more thing. I signed up only a few days after getting all 3 of my Current FICO scores so these TC scores were generated from CRs that are current.

Anonymous · ‎05-02-2007

I monitor my reports on TrueCredit and I'm not sure what is going on with them but in the last week my EQ score has dropped I've had my CC payments post which lowered Utilization and 6 inquiries deleted and my auto loan payment post and the score dropped! Haven't checked FICO yet as I don't want to pay another 40 bucks for them right now. Now on my TU report score went up 4 points after my auto loan finally was added, prior to that i had 2 Collections deleted 1 credit card payment posted and my score stayed the same. My EX report CC payments and loan posted no change in score. Confused I am.

MM1234 · ‎05-02-2007

Heres another thing I just noticed. TC is using the SAME Score Range as FICO. They have it showing 300-850 under your score. So why do this if they are part of the Vantage Scoring group which uses (501-990) as a range. And with the notice that their scores are not FICO, means they can be using any scoring process. Aggh.