Again, very new to score reporting... 
On 5/21/11, I had the following scores pulled through Wells Fargo EXP 553, TU 549, EQ 533
Today, I pulled up my credit report through the reporting site again, and it listed a 669 for EXP on 6/1/11 and I checked Credit Karma TU and it was 650?
I can't pull my latest CR from my monitoring agency again until Tuesday, but I am not sure what to believe?? I settled an old account, but I've actually heard that can hurt your score, at least temporarily.
Any insight would be greatly appreciated!
@Anonymous wrote:Again, very new to score reporting...
On 5/21/11, I had the following scores pulled through Wells Fargo EXP 553, TU 549, EQ 533
Today, I pulled up my credit report through the reporting site again, and it listed a 669 for EXP on 6/1/11 and I checked Credit Karma TU and it was 650?
I can't pull my latest CR from my monitoring agency again until Tuesday, but I am not sure what to believe?? I settled an old account, but I've actually heard that can hurt your score, at least temporarily.
Any insight would be greatly appreciated!
Hi krob36 and welcome to the Forums. I stole borrowed the following from an excellent post by one of our most valuable members llecs.
Virtually everyone sells scores, but they are not all FICO scores. If you got scores from the big 3, then very likely 2 or all 3 of them are not FICO scores. Experian and TransUnion do not sell FICO scores on their website. Equifax does sell FICO scores but it is very hidden and difficult to find. It's not on their products page. We call these non-FICO scores, FAKOs, and can easily be as much as a few points to 100+ points off your real FICO when pulled the same day. If it didn't say "FICO" next to the score, then it isn't.
You can save 1/3 too! As of a couple of years ago, Experian has blocked consumers from purchasing their own EX FICO score. As a result, you can only get TU and EQ from here. However, lenders still use it and will give it and there's a CU in PA called PSECU that gives iit away for free each month if you bank with them. That's the only two places I know of that offer access to your EX FICO, each free.
Other companies (e.g. freecreditreport.com, freescore.com, truecredit, creditkarma, Equifax Credit Complete, Quizzle, and dozens of others out there) sell scores, but they are nothing more than gimmicks and lenders don't use them. They do this because they want to avoid paying any fees to FICO and when they say "credit score" people buy it anyway on the assumption that it is a FICO. The scores are off because the formula is different, factors in different things as compared to FICO, and score ranges are different than FICO's (e.g. FICO is 300-850, Vantage is 501-990, PLUS is 330-830, TransRisk is 350-850, and so on).
I hope this answers some of your questions.
From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
