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New member here with some questions for the experts!

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JamesG
Established Member

New member here with some questions for the experts!

Let me start by saying I'm glad to have found the forums here and hope you guys can help me with a few questions I have.  I am new to the game but I am committed to rebuilding my credit and will do whatever is necessary.  That being said let's begin;

 

1. I'm currently a subscriber of TrueCredit and only recently found out that it was in fact my VantageScore's I was looking at and not my Fico's.  Obviously wanting to see my Fico I bought my Transunion Fico from MyFico and I'm quite confused by the results:

 

TrueCredit VantageScore's                         MyFico Score's

 

TU = 578                                                         TU = 612

EX = 563

EQ = 576

 

Everything I've read and been told has said that the VantageScore counterpart should be between 135-145 points higher than the Fico but this is quite the contrary.  I'm hoping to get some sort of clarity on this issue.

 

2.  I've been able to successfully remove some collection items from my reports but as you might expect not all three reports match up.  My questions is, if Experian removes an item for any reason is there a way to get Transunion and Equifax to follow suit?  I do not have the proper documentation to get this item removed I simply disputed it through EQ and was able to get it removed. 

 

I appreciate any assistance with this issues and look forward to talking with you all.

 

James

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2 REPLIES 2
JamesG
Established Member

Re: New member here with some questions for the experts!

Sorry, I also meant to say I purchased my Equifac score through MyFico and it was a 587.

 

Thanks

 

James

Message 2 of 3
MarineVietVet
Moderator Emeritus

Re: New member here with some questions for the experts!

Hello James and welcome to the forums.

 

 


@JamesG wrote:

Let me start by saying I'm glad to have found the forums here and hope you guys can help me with a few questions I have.  I am new to the game but I am committed to rebuilding my credit and will do whatever is necessary.  That being said let's begin;

 

1. I'm currently a subscriber of TrueCredit and only recently found out that it was in fact my VantageScore's I was looking at and not my Fico's.  Obviously wanting to see my Fico I bought my Transunion Fico from MyFico and I'm quite confused by the results:

 

TrueCredit VantageScore's                         MyFico Score's

 

TU = 578                                                         TU = 612

EX = 563

EQ = 576

 

Everything I've read and been told has said that the VantageScore counterpart should be between 135-145 points higher than the Fico but this is quite the contrary.  I'm hoping to get some sort of clarity on this issue. Besides using different scoring formulas to calculate VantageScores the score range for VS is 500-990 whereas FICO scores range from 300-850. There is really no valid way to ever correlate the two.

 

2.  I've been able to successfully remove some collection items from my reports but as you might expect not all three reports match up.  My questions is, if Experian removes an item for any reason is there a way to get Transunion and Equifax to follow suit?  I do not have the proper documentation to get this item removed I simply disputed it through EQ and was able to get it removed. You will need to deal with each CRA individually unfortunately.

 

I appreciate any assistance with this issues and look forward to talking with you all.

 

James


I hope you stick around and become a part of our not so little group.  Smiley Happy

 

BTW the word "expert" has never been used in the same sentence as my name.  Smiley Very Happy

 

 

From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
6/10 TU -772

You can do the same thing with hard work

Credit Scoring 101
Common Abbreviations
Frequently Requested Threads
Whats In Your FICO Score

Message 3 of 3
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