Trying understand scores

[wmarat]

Hello1

I immigrated to the States 18 months ago.

I have

VISA BOFA CL 3000

MC   BOFA CL 10000

3 CHASE CARDS COMBAINED CL 7500

WALMART CARD CL 600

JC PENNEY CARD CL 150

AMEX CLEAR 2400

CITI CASHRETURNE MC CL 3900

PAYPAL LOC 700

2 MACY'S CARDS 3500

THE OLDEST ACCOUNT IS 16 MONTHS OLD, ABOUT 12 INQ ON EACH FILE. UTIL IS ABOUT 0.5%, AUTOLOAN PAID AS AGREED, EVEN FASTER, NO NEGATIVE ITEMS, ONE CARD REPORTED AS STOLEN WHICH IS TRUE.

WHAT I DO NOT UNDERSTAND IS ACCORDING TO TRUECREDIT REPORT MY SCORES AS FOLLOW:

TU 658, EQ 641, EXP 675 AND CREDIT DEFINED AS FAIR. BUT WHAEN I PULLED CREDIT REPORT THROUGH AMEX SITE IT WAS IDENTICAL TO TC REPORT BUT SCORES WERE 728/728/724 RESPECTEVELY AND CREDIT DESCRIBED AS EXCELLENT. BOTH REPORTS PULLED AT APPROXIMATELY THE SAME TIME (5-8 DAYS APART)

I WOULD LOVE IF SOMEBODY EXPLAINED IT TO ME.

THANKS IN ADVANCE

[Anonymous]

Pull the report and score from this site (Myfico).This will give actual FICO score. Then you can comapre and analyse.I made mistake like you did and wasted lot of money on other credit reports from other agencies.

[fused]

Welcome to America and the world of credit! It looks as though you are well on your way to establishing good credit and you seem to handle your cards well. My advice is to continue doing so and you should be fine. The scores at TC and Amex's Creditsecure are FAKO and lenders hardly ever consider these scores. The scores you should concern yourself with are FICOs and they along with all three of your reports can be purchased at this site. There can be huge differences in scores between FAKOs and FICOs and FAKOs (TC) and FAKO (Creditsecure). For more information on how credit scoring works and how to improve your score please read the credit scoring 101 thread.

IMO, you have enough CCs, let them age and increase the limits as you go. I wouldn't apply for any more new CCs. This will hurt your scores.

Credit scoring thread

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=2654

Coomon Abbreviations thread

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=1325

[wmarat]

Thank u guys