Credit Watching

[calco86]

Okay, I have some questions; Our bankruptcy was discharged on 4.19.2011 and I have been using identity guard and experian to monitor my credit reports, but they are reporting different credit scores, identity guard is reporting 531, 534, 548 where experian is reporting 587, 551, 578. I pulled them at the same time, same date? Any ideas? Someone told me to drop the two and go with FICO because that is the one that really matters. Please help trying to rebuild and fix credit report but hard without the right information.

Thank you!

[calco86]

would love to get some help on this? Trying to get an auto loan but I want to know my true scores before I do?

[DYLAN150]

Calco86: Some car dealers use what's called an auto enhanced fico score.
An Auto Enhanced Fico is not available to the consumer. None of the credit reporting agencies, nor Fair Isaac sells this scoring model to the consumer that I know of.

[df04527]

There are many scoring "models" used. Mortgage lenders use their own, auto dealers use their own as well as all the third party monitoring companies use their own. Differences in each can be vast.

[calco86]

There are many scoring "models" used. Mortgage lenders use their own, auto dealers use their own as well as all the third party monitoring companies use their own. Differences in each can be vast.

How so its hard to find out what your score really is?

[df04527]

Each lender industry adds their own customizations to the basic fico scoring models to approve or deny their clients. Each are so unique and proprietary it is virtually impossible to sell a consumer a score that would match. For those reasons the third party sellers can only make basic assumptions and present their best guess at what your lending score may be. Again, the differences can be vast.