- myFICO® Forums
- About SoulSmilen
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
since
03-13-2007
02-28-2016
SoulSmilen
Regular Contributor
165
Posts
2
Kudos
07-03-2007
04:35 PM
beach123 wrote: TU is always highest for me too - don't get it - want to find CCs that use that report! My scores just don't seem to budge on True Credit...but then again it's only July 3 LOL.. forgive me, but I have to ask. Are you choosing to update your score or expecting it to update on its own simply by signing on? Hehe.. sorry, but someone PM'd me not long ago with the same situation and that was the problem. :D
... View more
07-03-2007
04:23 PM
Heh.. I'm scared to give the details of my mortgage on here until it's closed and final.. lol Suffice it to say, local programs rock! Nothing like putting money back into the communities.
... View more
07-03-2007
04:20 PM
Personal experience and research - seeing the effects of the score on people's credit. I should also say that while the previous 24 months are graded heavily with Vantage, older derogs are counted more heavily than in FICO scoring, as well. Additionally, because there will only be one score, consumers will be in a far worse position if an account is reporting derogatory inaccurately. I still think it's pathetic that it's legal for the CRAs to create and profit from a collective scoring system used on the very info they may have entered erroneously. That's royally jacked up.
... View more
07-03-2007
04:05 PM
1 Kudo
Something everyone always seems to forget on paying down higher APRs first - the time involved to do it. If I have a 5000.00 balance at 10% and a 10K balance at 20% and can make a total of 75.00 / month extra in payments, is it really logical to let that 5000.00 balance accrue interest @ 10% until I've made 135-140 payments? That's an extreme example, but just a reminder that the higher APR shouldn't always be the sole basis of the decision.
... View more
07-03-2007
03:34 PM
Yes, there are lenders using the Vantage score - some alone, some with the FICO scores. One off the top of my head is a rising lender, Prosper. I think it's crap that the people responsible for reporting the information are making money on the score model itself. It should be an independent firm. My .02
... View more
07-03-2007
03:18 PM
mloupagu wrote: Yes, I agree. This just happened to me. I recently paid off a bunch of revolving debt. I pulled my credit reports last night from TC and on the credit card info was not there at all. It still reported on 2 of the reports but on the third it was totally gone. Why would it disappear instead of just reporting zero balance? Did you dispute the balance to try and force it to update faster?
... View more
07-03-2007
03:16 PM
Noah_Bodie wrote: This is way, way, way far afield of FICO having any blame, but your name can hurt your credit. At least one know case I know of--and an $800K case at that. http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&message.id=5681 Just so it's perfectly clear what Noah is saying, the case in the link had NOTHING to do with Fair Isaac; it was Transunion. And before the OP takes this and runs with it, that case wasn't discrimination based on her name or ethnicity, it was based on information incorrectly showing up on her file just like can happen with any of us with similar names. Th-th-that's all folks! :)
... View more
07-03-2007
03:11 PM
There is no way in hell our financial institutions would base their decisions on a scoring system based on your allegations, and there is no way in hell FICO would create a scoring system based on the same. Our country may not be perfect, but that would be blatant discrimination beyond blatant discrimination. That's even insane to think, much less say. (I can't even believe I took the time to answer this)
... View more
07-02-2007
09:12 PM
This spam is getting really old. Bob, you voiced your opinion many times over and we get it. This isn't a 'get out of debt' board, though; your message really doesn't fit in here. Thanks and have a good one. :)
... View more
07-02-2007
08:53 PM
Timothy wrote: I disagee - this can make a positive TL disappear SGT_F wrote: You have to out-trick them...dispute them to what they suppose to be...and it be a whole lot quicker. It most certainly can make a positive TL disappear; it just happened to me today.
... View more
07-02-2007
04:22 PM
Vantage is MUCH tougher on new credit files and new accounts than FICO is. Because of this and scoring more heavily on the most recent 24 months, there will be many surprising low 'grades.'
... View more
07-02-2007
04:06 PM
dog wrote: <-----------------scampers away with his tail between his legs. LOL.. I can't resist.. There seems to be a leash trailing... Bwahahaha
... View more
07-02-2007
03:44 PM
Noah_Bodie wrote: dog wrote: i am afraid my wife will find out i have a hooters card... Must, resist, urge, to comment, not, working ... Haha.. ditto! Dog, carry it like a man! If you can't hang with the big dogs, stay off the hooters. :) (whistles nonchalantly)
... View more
06-30-2007
08:07 PM
I don't think it would actually change the score - the UTIL is the same with or without it being on there twice. Keep your head up and wear the scores with pride! :)
... View more
06-30-2007
02:39 PM
When you take into consideration what the "I" stands for, there is one, and only one, way to say it: Isaac Hehe.. if you want to pronounce Isaac as Eesac, go right ahead.
... View more
06-26-2007
04:25 PM
Is your LOC reporting as a revolving balance? Was it for a larger amount than your CC balances? LOC's can tend to hurt scores because they report as revolving balances; if you get 10K and that's your LOC, then it's reporting at 100% utilization on that tradeline.
... View more
06-21-2007
05:00 AM
deadpools wrote: sorry if I offended you your heiness. I will start a new thread. sheesh! It wasn't a matter of offending anyone... a new thread with its own subject will likely get more responses than a post that is 'lost' inside a thread somewhere.
... View more
06-20-2007
07:12 PM
@Anonymous wrote: @Bruiser wrote: could it be the upcoming fico changes in sept? hmm,..probably not,..but sounds interesting anyway That was my first guess when I saw this thread - that TU is computing and supplying both scores, so lenders (or at least mortgage lenders) can see how applicants' scores are affected by the new formula. Useful information if you're a mortgage lender. Doesn't necessarily mean that TU is the September CRA, though ... That would be a careless choice since TU is so slow at updating.. talk about wreaking havoc on the consumer finance world! LOL
... View more
06-20-2007
04:11 PM
dog wrote: exactly. just like if i had fifty cc's at 0 balance should show less risk than if i had 1-9% utilization on the same fifty cc's, regardless of the fact that i am not old. well, okay, i admit that i am getting old. Soulfucious say.... Age is a matter of mind; if you don't mind, it doesn't matter! :)
... View more
06-20-2007
03:51 PM
MidnightVoice wrote: masdeocho wrote: Three guesses what the underwriters will check ... And you can probably add undertakers to that list :) LOLLLLL.. too funny! Midnight, it's OK, you can admit it to the rest of us... you just want a good credit score so you can get a Cingular phone, doncha? :p
... View more
06-19-2007
10:25 PM
Just a note to make sure you understand.. 'max it out' doesn't mean charge 300 on it. Just get it close.. 275 is plenty (you don't want to risk an over the limit fee). Let it hit your report, then pay it down and use it every few months as advised.
... View more
06-11-2007
07:41 PM
Hmmm.. are you saying that it's on the Transunion credit report but not on Equifax or Experian? MyFico and TC would have the same information on each credit reporting agency, but it IS possible to have Transunion differ from EQ and EX. Can you clarify exactly who, if anyone, is still showing this?
... View more
06-11-2007
04:51 PM
Same here.. Experian is always the most current for me, and they report the current month rather than the previous month. EQ comes in 2nd, and TU trails between 1 and 2 months behind.
... View more
06-11-2007
04:41 PM
Midnight... will they run a report? ::ducks::
... View more
06-09-2007
07:43 PM
The general consensus is that paying off collections does not hurt scores anymore, however that's not a definitive answer as there are a couple factors at play: The age of the collection - more than a year or two and not much gained on the pay off The way it is coded - 1. if it's coded as a collection and part of your revolving balance and Util goes down, it will have more of a positive effect. 2. if it's coded as a charge off with a zero balance and is not counted as part of your revolving balance, paying it won't hurt your score, but it goes back to the age factor in determining any score increase; if it's older than a year or two, not much increase will be seen. Likewise, if it's under two years old, you may see a slight increase Both factors combined - if it's counted in your revolving balances and is an older account, losing the tradeline age can be a negative factor due to average age of revolving accounts
... View more
06-09-2007
06:36 PM
Pay For Balogna? princessofpink wrote: Okay I know what a PFD is but what's a PFB? I already paid except for a small amount settled. I don't have any leverage anymore do I? Tuscani wrote: Have you tried PFB?
... View more
06-09-2007
12:10 PM
LOL.. sorry for not answering the main question, Claire - I guess I was a little OT in my response, but I wanted to make sure you weren't being ripped off for a 'service' that isn't actually a service and wanted to make sure you understood the difference in freezing and a fraud alert.
... View more
06-09-2007
11:35 AM
Fraud alert and Credit freezing / locking your credit file are two seperate actions. With a fraud alert, ID theft can still happen, you're just made aware of it sooner than you might normally become aware. You're supposed to be contacted by the creditor to give permission when someone applies for credit in your name with a fraud alert, but keep in mind creditors are not required to abide by the alert. That makes it pretty worthless if you ask me. A true credit freeze is different in that creditors can't even access your credit report when someone applies for credit in your name. The person would have to provide an identifier that proves it is you applying for credit (pin number/password type safety feature) before the report can be accessed. The latter is a little safer in that most creditors aren't going to extend credit if they can't access your credit history, but again it isn't totally foolproof. It is the better route to go if someone is truly concerned about or has been the victim of ID theft. Check your state laws, as well - this service is free in some states if you've already been a victim, and is a minimal charge for others. This is done with the CRAs directly; there's no reason to pay a 3rd party to do it. Be clear on what this service is offering you and check to see if they're just trying to make a buck when it can be free of charge.
... View more
06-09-2007
11:18 AM
CC companies are reacting to the increase in unethical AU use and taking care of the situation before it even reaches the scoring factor. I'm referring to TLs that are bought and sold, I'm not saying yours is unethical; please don't take offense. :) I think the AU advice given adamantly in the last couple of years is a bit outdated and just continues to spread and multiply despite the fact that so many CCs are not reporting them anymore.
... View more
Latest Tags
No tags yet
