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Old 05-14-2015, 09:43 AM
Status: "Springtime!" (set 16 days ago)
 
Location: Jollyville, TX
5,856 posts, read 11,861,261 times
Reputation: 10872

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Just wondering about your experience in doing so. I purchased the 3 bureau scores for $59.95 and am having a hard time believing what my report is telling me.

Before I go into details, I just wanted to see what others' experience has been.
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Old 05-14-2015, 09:45 AM
 
306 posts, read 546,782 times
Reputation: 438
MyFICO is the best score your going to buy - This is the number that 90%+ of the lenders will use. Many other sites sell FACO scores (anything not FICO)

What is the issue with the report?
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Old 05-14-2015, 09:56 AM
Status: "Springtime!" (set 16 days ago)
 
Location: Jollyville, TX
5,856 posts, read 11,861,261 times
Reputation: 10872
Quote:
Originally Posted by nkull View Post
MyFICO is the best score your going to buy - This is the number that 90%+ of the lenders will use. Many other sites sell FACO scores (anything not FICO)

What is the issue with the report?
The issue is that all 3 bureaus report my score as 850. My score has been in the excellent range for some time now, but having all 3 report a score of 850 makes me suspicious. Not that I don't want to believe it, but somehow it just seems that it can't be right.
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Old 05-14-2015, 10:00 AM
 
306 posts, read 546,782 times
Reputation: 438
I'd say if MyFICO says it's 850, it's 850 .... Congratulations on a perfect credit score. It's not impossible to get, if you go to the MyFICO forums you will find others that also have 850's accross the board as well. It will likely drop as soon as you apply for something.
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Old 05-14-2015, 10:07 AM
Status: "Springtime!" (set 16 days ago)
 
Location: Jollyville, TX
5,856 posts, read 11,861,261 times
Reputation: 10872
Well thanks...I always thought that it was near impossible to get a *perfect* score - I was content just to be above 800. But yeah, just applied for an auto loan, so I'm sure it will be taking a hit!
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Old 05-14-2015, 10:32 AM
 
813 posts, read 596,894 times
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Moonlady, I'm curious as to why you "bought" your FICO scores. Is there something I'm missing with the annual free reports?

Thanks, Rg
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Old 05-14-2015, 10:51 AM
 
306 posts, read 546,782 times
Reputation: 438
True FICO scores typically have to be purchased. There are free sites that give you credit scores, but they are generally not FICO. There are a few credit cards and banks that provide free FICO scores to their customers as a perks as well, but you still have to be careful that it is the actual FICO and not some other metric.

The score type matters because most lenders use the actual FICO score standard, not the stuff you find on Credit Karma etc.

As for the reports (different from the number score), those are pretty good even at free sites...
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Old 05-14-2015, 10:54 AM
 
813 posts, read 596,894 times
Reputation: 3160
Quote:
Originally Posted by nkull View Post
True FICO scores typically have to be purchased. There are free sites that give you credit scores, but they are generally not FICO. There are a few credit cards and banks that provide free FICO scores to their customers as a perks as well, but you still have to be careful that it is the actual FICO and not some other metric.

The score type matters because most lenders use the actual FICO score standard, not the stuff you find on Credit Karma etc.

As for the reports (different from the number score), those are pretty good even at free sites...
So, the score that my credit card issuer offers for free every year may not be my actual score? Thanks for the info!

Rg
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Old 05-15-2015, 11:34 AM
 
8,336 posts, read 4,504,215 times
Reputation: 5537
Quote:
Originally Posted by raggedjim View Post
So, the score that my credit card issuer offers for free every year may not be my actual score? Thanks for the info!

Rg
If it's a real FICO it say so. If not, it will be referred generically as a "score" or "credit score"

Even if it is a real FICO, you should find out which one and based on which bureau. FICO's come in different flavors and can have different number ranges (300-850, 350-900 etc). Some are weighted for mortgages loans, some for auto loans and some for credit cards.
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Old 05-15-2015, 11:37 AM
 
306 posts, read 546,782 times
Reputation: 438
Quote:
Originally Posted by clutchcargo777 View Post
If it's a real FICO it say so. If not, it will be referred generically as a "score" or "credit score"

Even if it is a real FICO, you should find out which one and based on which bureau. FICO's come in different flavors and can have different number ranges (300-850, 350-900 etc). Some are weighted for mortgages loans, some for auto loans and some for credit cards.
The most common FICO score is the FICO 8 ... just for reference.
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