how to read and understand credit score
Date: Fri, 02/12/2010 - 13:13
can someone explain why credit score from same credit bureau in this case experian is reported differently?
My guess is that they were updated at different time and hence t
My guess is that they were updated at different time and hence the difference in score.
Was there any addition or deletion of negative information in your Experian report?
This is the thing, no there is not additions to my credit report
This is the thing, no there is not additions to my credit report at Experian and both are from same priod of time I have access to this 2 online services and I can run these reports any time they get updated once a month.
The only thing I can thing of is that truecredit.com gets info on me from Experian and calculate score their own way and freecreditreport.com calculate credit score dofferently base on same info, I tried to contact customer service of freecreditreport.com asking how come those two are different but in responses I;m getting BS how landers use differnt things to calculate things but this is not what I'm asking for and I keep asking in most simple way but still get BS
I just don't understand why one system reports my Experian score different then other!
again all I can think of is that each of this system gathers info on me but not score itself and based on this info calculates my credit score, so I'm looking for confirmation that this is how it works. And if so why do they present this as Experian credit score?
It happened once couple years ago to me that I went to car delear to get car loan I knew my score from package I was receiving at that time from American Express and was surprise when guy at told me after running my credit told me my score is 80 points lower that what I was thinking! I still get approved at that time but what's bothering me is that if I get different scores from different online system which by the way I need to pay for how can I know that next time I'll ask for loan they run my credit from another source and instead of having 729 or 665 it will come out maybe as 580
does anyone know how this BS works?
The bureaus are using different scoring models. One or both are
The bureaus are using different scoring models. One or both are not using the FICO model to generate the scores. Each bureau has its own proprietary scoring model that differs from the FICO. You are comparing apples to oranges.
Each agency will use its own calculations to predict your score.
Each agency will use its own calculations to predict your score. They include certain factors, locations, and take into account history. That is then put into their system which gives an average score.
Hopes this helps!
