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My FICO is 712?

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    #1

    My FICO is 712?

    Is the FICO accurate? I'm one year out of our bk7, I have 3 credit cards totaling $6700, and a Dell card with a $850 balance i'm paying on time monthly. I looked at my Transunion FICO score through WaMu for free with my credit card account with them, and its 712! My wife has a card with them too, and more credit than me, by $2000, and her scrore is 643. She is a homemaker, and hasn't had any balances to make payments on to help. I will start using her card for travel I do for work which gets reimbursed immediately. This should help her credit score right?

    Anyways, weather FICO is accurate or not, this is a good update as to where I am after 1 yr. I must also mention I started a new job 5 months ago that got me a 20% raise too. Life does get better guys, so don't sweat it!
    Last edited by JasonK94Z; 10-22-2008, 06:11 PM.
    Filed Ch7 - 10/2/07 no asset
    341 Meeting - 10/29/07
    Discharge - March 2008 forgot the date
    Tags: None
    #2
    Is it a real FICO or FAKO??

    In any case, congrats on the good work. I wished mine looked somewhere close like that.

    Comment

      #3
      Its the FICO they pulled from my report. Funny thing is, this is higher than before my bk. A few yrs before we filed, I had a 704. Thats all it ever really saw, but I had a lot of cc balances.
      Filed Ch7 - 10/2/07 no asset
      341 Meeting - 10/29/07
      Discharge - March 2008 forgot the date

      Comment

        #4
        If you didn't pull it from myfico or Equifax.com it isn't real.

        Originally posted by JasonK94Z View Post
        Its the FICO they pulled from my report. Funny thing is, this is higher than before my bk. A few yrs before we filed, I had a 704. Thats all it ever really saw, but I had a lot of cc balances.

        Comment

          #5
          most likely its is higher because your debt is lower.

          funny BK can really raise your credit score as you can see.

          BK is not the end of the world anymore. 30 years ago yes you were the worst of the kind now adays everyone and thier mother has issues.

          i had a bk in 1997 and due to realestate market crashing i will file again next year.

          Fun times ohh ya

          Comment

            #6
            Originally posted by JasonK94Z View Post
            Its the FICO they pulled from my report. Funny thing is, this is higher than before my bk. A few yrs before we filed, I had a 704. Thats all it ever really saw, but I had a lot of cc balances.
            I have a WaMu CC as well and I use the credit score feature.......my actual score was different. Doesn't mean yours isn't accurate though. Just don't get overexcited about a 700+ score unless you can verify that. BTW, Wamu usually has my score a little high sometimes. The last time I checked, WaMu had me scored a little lower.
            Bankruptcy History:
            Chapter 7 filed - 10/12/2005 - Asset
            Discharged - 02/16/2006
            Case Closed - 11/08/2007

            A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain ~ Mark Twain

            All suggestions are based on personal experience and research and SHOULD NOT be construed as legal advice as I am NOT an attorney. Always consult with competent counsel in your area with regards to your particular situation.

            Comment

              #7
              Still, i was expecting low 600's. Good to see things are working out though. We have a lot of available credit under us after just one year. I'm gonna stop chasing credit offers and just let things cruis along now. I alternate using different credit cards each time I travel for work, so that will make for some good history.
              Filed Ch7 - 10/2/07 no asset
              341 Meeting - 10/29/07
              Discharge - March 2008 forgot the date

              Comment

                #8
                The FICO from Wamu that you get along with your Wamu credit card is called a "Bankcard FICO", which is NOT quite the same as the classic FICO you ge from myfico.com.

                The "Bankcard FICO" places most of its weight on how well you handle and pay your credit cards. The classic FICO takes into account all kinds of debt (mtg, auto, student loan, credit cards, etc.).

                So, the Bankcard FICO will score you higher than the classic FICO if you pay your credit cards perfectly but have a late payment or two on a mtg or a car loan.
                Filed Business Chapter 7: 7/11/07
                341 Meeting: 8/8/07 Asset Case
                US Trustee reviewed case/resolved 9/14/07
                Discharged: 10/11/07 Closed: 11/2/08

                Comment

                  #9
                  Originally posted by JasonK94Z View Post
                  Is the FICO accurate? I'm one year out of our bk7, I have 3 credit cards totaling $6700, and a Dell card with a $850 balance i'm paying on time monthly. I looked at my Transunion FICO score through WaMu for free with my credit card account with them, and its 712! My wife has a card with them too, and more credit than me, by $2000, and her scrore is 643. She is a homemaker, and hasn't had any balances to make payments on to help. I will start using her card for travel I do for work which gets reimbursed immediately. This should help her credit score right?

                  Anyways, weather FICO is accurate or not, this is a good update as to where I am after 1 yr. I must also mention I started a new job 5 months ago that got me a 20% raise too. Life does get better guys, so don't sweat it!
                  I hope to never have another credit card for as long as I live and if I do...I'll never charge any more than I can pay off at the end of the month. I'm certainly not trying to pick on you or start an arguement but aren't you concerned that the $6700 could get to $12000 or more!

                  Andy
                  Filed CH13 November 2008
                  341 with confirmation recommendation Jan 7/09 100% payback to secured and 10% to unsecured.Plan completed and discharge 02/20/13

                  Comment

                    #10
                    It might be pretty close. I am 2 weeks out of bk and my fico score is 647 already.

                    Comment

                      #11
                      I see some of you have access to your credit scores because of a WAMU credit card. Can I ask how long it took for you to be able to access that feature?
                      Mine still says it is unavailable, and I've had my card for about 1 month. It says on the site it can take up to 2 billing cycles. Does it really take that long?

                      thanks
                      K
                      You can't have your cake and eat it too. But you can dip your finger in the bowl and lick the icing

                      Comment

                        #12
                        Originally posted by krielly View Post
                        I see some of you have access to your credit scores because of a WAMU credit card. Can I ask how long it took for you to be able to access that feature?
                        Mine still says it is unavailable, and I've had my card for about 1 month. It says on the site it can take up to 2 billing cycles. Does it really take that long?

                        thanks
                        K
                        I have that feature with my WAMU and yes it takes awhile. At this point, that score is, again, only an indicator & scores a big high...I woulnd't get excited over it.
                        Filed Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
                        Who it was we were below, where we've been and where we go

                        Comment

                          #13
                          Not really "excited". Just interested in watching to see how it is improving. Not so much interested if the score is "right on". Just looking for progress along the road to rebuilding.

                          Can you recall approximately how long it took before you could view your info? I do see the intial score, but no other info is available at this point.

                          thanks
                          K
                          You can't have your cake and eat it too. But you can dip your finger in the bowl and lick the icing

                          Comment

                            #14
                            Wow, my fico score increased

                            I just received an email alert telling me my fico score has gone up to 557 on December 2, 2008 I know this score is still low, as for the fact I'm in a Ch 13, but a couple of months ago, it was 545. So, are the scores that I've been getting from myfico.com, pretty accurate?
                            Filed: 5/22/07; 341 Hearing: 6/27/07;
                            Confirmed: 8/13/07; DISCHARGED 4/17/2012

                            Comment

                              #15
                              Originally posted by krielly View Post
                              Not really "excited". Just interested in watching to see how it is improving. Not so much interested if the score is "right on". Just looking for progress along the road to rebuilding.

                              Can you recall approximately how long it took before you could view your info? I do see the intial score, but no other info is available at this point.

                              thanks
                              K
                              My score has been going down on the WAMU site even though I pay my credit cards off every month. Don't get too excited.

                              Comment

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