i have a 601 trans union fico score, and a 572 Eq fico score. both reports are showing the same items, same dates, etc. but the transunions shows a midland credit item under collections, and the EQ shows the midland credit item under accounts, but has collection in the tab.also, we have a credit line on our checking account that reports to EQ but not the other 2 You should ask your bank branch manager why this is, the LOC.
I found out that the bank is only setup to report to EQ.
the transunion fico simulator shows a score gain of 611-641 as the best simulated action.What is the action it recommends?
This simulation was based on your making payments on all of your bills for the next 24 months. I have no revolving accounts on this credit report, so there is nothing to pay on.
the Eq fico simulator shows a gain of 702-742 as the best simulated action.What is the action it recommends? By the way, that's a huge spread.
This simulation was based on your paying down 90%-100% of your overall credit card balances over a period of 24 months. That would be the credit line i assume. its the only open account on this report other than midland collection which is under accounts
the Eq reports shows the collection from midland as a open account with a balance.
which one of these is a more accurate calculation over the next 2 years? You should know the answer, there's no way for us to know.
What i meant was that EQ shows midland under account tab, and TU shows it under the collection tab. So EQ shows it as a open Credit account, that I can pay the balance down on.
the transunion simulator shows that if i open a credit card with 500 limit, the score would jump in the range of 631-661. I have to say that the simulator is defying logic. Do you currently have any revolving tradelines?
None on TU. I have no car payments, and no house payments, no open credit cards. only the EQ report shows the checking account credit line.
if that is true, how can i get my bank to report my credit line to all three agencies? As I said earlier go in & talk to them.
and if the report the credit line, which has been opened since 2001, will that help the score better than just now getting approved for a credit card? Yes, except at EQ because you're already getting credit for it.
i have one medical judgement paid as of 2008 del from 2006
6 collections, paid with fall off dates of 2011/2012/2013
i americredit that i did a vol repro,(out of work for 4 months,and the would not work with me on reduced payments) but paid the accout off in full when i refinanced my house 1 year later . falls off 8/2010
all of my other accounts closed showing paid as agreed, 0 balances. the only open account out of the 13 i have is the bank credit line on the EQ. i This is the likely reason for the TU simulator to give you the answer it did
Can i believe in the Simulator. I am disputing the midland, I have no problem paying verizon the remainder of what i owe them, but im not working any deals with mcm unless they send a letter to remove the tradeline.
If getting a credit card will help the TU score, then i will get a secure card that reports to all 3.
Also I disputed the DOFl on the 6 collection i had that were paid in full, and TU removed 2 of them. so now i only have 4. but for some reason when try to purchase an updated score/report from TU the purchase is cancelled because fico can not pull the report. lack of information, credit history is the excuse.
I assume I need to wait a few weeks before i can pull it again.
