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Credit Bureau Info:

Experian: 800-493-1058 With A Report Number

Experian: 714-830-7000 (Without A Report Number) Call and Press 0. You will get connected to the switchboard operator. Tell them you just called in and entered your report number and the automated system disconnected you. Ask them if they can get a human on the line for disputes. That's the only way you'll be able to get through to a live person at Experian without a Report Number.

Equifax: 800-846-5279

TransUnion: 800-916-8800


Comparison between FAKO from Credit karma and FICO from Barclays and Citi.


Cards that give you free monthly FICO's


AMEX personal cards = EX 08 Switched to FAKO (VantageScore 3.0)
Chase Slate = EX (either 08 or Bankcard enhanced)
PSECU = EX 04

Citi branded cards = EQ 08 Bankcard enhanced
Citi AA = EQ bankcard enhanced
DCU= EQ 04
PenFed = EQ NextGen
Elements Financial (Credit Union, score available for without opening CC) = EQ 5

Barclays = TU 08
Discover it = TU 08
Walmart (store or MC) = TU 08
« Last edited by Lev26 on April 13, 2022, 02:28:07 AM »

Author Topic: credit score  (Read 810367 times)

Offline Marko Rubio

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Re: credit score
« Reply #1400 on: November 17, 2015, 09:45:06 PM »
Only need to have balance report in one card for credit score purposes. Don't let to many months go by with zero activity on a card, or it may get shut.
right that's $2 trick, but the $2 is using your card every month as usual, u are just paying every card to $0 except 1 card u leave a $2 balance, is it the same thing if I don't use at all all cards every month I just use 1 card for all purchases and I pay it off (except $2) before closing date?
Do u have any different idea for a signature?

Offline TimT

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Re: credit score
« Reply #1401 on: November 17, 2015, 09:49:34 PM »
right that's $2 trick, but the $2 is using your card every month as usual, u are just paying every card to $0 except 1 card u leave a $2 balance, is it the same thing if I don't use at all all cards every month I just use 1 card for all purchases and I pay it off (except $2) before closing date?
No need to use every card every month. Use it from time to time to keep it active.

Offline ydf

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Re: credit score
« Reply #1402 on: November 17, 2015, 09:51:58 PM »
No need to use every card every month. Use it from time to time to keep it active.
thanks, but don't I gain anything from using multiple cards every month and pay it before closing date then using just 1 card for everything?

Offline yochiek93

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Re: credit score
« Reply #1403 on: November 17, 2015, 09:59:15 PM »
thanks, but don't I gain anything from using multiple cards every month and pay it before closing date then using just 1 card for everything?
You can get 5x in certain instances....

Offline ydf

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Re: credit score
« Reply #1404 on: November 17, 2015, 10:01:14 PM »
You can get 5x in certain instances....
thanks, but talking about affect on scoring?

Offline David Smith

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Re: credit score
« Reply #1405 on: November 17, 2015, 10:02:07 PM »
thanks, but don't I gain anything from using multiple cards every month and pay it before closing date then using just 1 card for everything?
Credit score wise, no difference. You may have other reasons that you want to use multiple cards. As you may have noticed, some people here have more than one credit card.....
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline ydf

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Re: credit score
« Reply #1406 on: November 17, 2015, 10:03:47 PM »
Credit score wise, no difference. You may have other reasons that you want to use multiple cards. As you may have noticed, some people here have more than one credit card.....
but how does it look on your report if u don't use it at all? I assume they cant show payment history

Offline David Smith

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Re: credit score
« Reply #1407 on: November 17, 2015, 10:05:52 PM »
but how does it look on your report if u don't use it at all? I assume they cant show payment history
It looks like you used $2 out of xxxxx amount of s available credit, and that your  payment was current for that month. Zero activity on all cards looks like you were inactive that month.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline yochiek93

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Re: credit score
« Reply #1408 on: November 17, 2015, 10:06:14 PM »
but how does it look on your report if u don't use it at all? I assume they cant show payment history
So use all your cards

Offline ydf

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Re: credit score
« Reply #1409 on: November 17, 2015, 10:09:47 PM »
It looks like you used $2 out of xxxxx amount of s available credit, and that your  payment was current for that month. Zero activity on all cards looks like you were inactive that month.
but afaik they show payment activity for each card separate, that's how I read the credit report I see by each card separate saying that green boxes payment ok, is it not that way?

Offline David Smith

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Re: credit score
« Reply #1410 on: November 17, 2015, 10:13:47 PM »
but afaik they show payment activity for each card separate, that's how I read the credit report I see by each card separate saying that green boxes payment ok, is it not that way?
Even with zero activity on that card you will get a green box.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline ydf

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Re: credit score
« Reply #1411 on: November 17, 2015, 10:15:56 PM »
Even with zero activity on that card you will get a green box.
thanks so much, I thought its updating for every card based on the payment on that card every month

Offline WAM

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Re: credit score
« Reply #1412 on: November 18, 2015, 11:43:51 AM »
If I went over my credit limit by $6 and it reported to the cb, does it hurt either my score, or an AU's score? It was an Amex BCE, credit limit was $600.

Offline Mendelssohn

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Re: credit score
« Reply #1413 on: November 18, 2015, 12:43:16 PM »
If I went over my credit limit by $6 and it reported to the cb, does it hurt either my score, or an AU's score? It was an Amex BCE, credit limit was $600.

Anything 90%+ is considered a maxed out card and will definitely drop scores substantially. 

Unless you have a super thick file with a lot of open accounts, expect a large drop.

Offline Mendelssohn

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Re: credit score
« Reply #1414 on: November 18, 2015, 12:45:08 PM »
but afaik they show payment activity for each card separate, that's how I read the credit report I see by each card separate saying that green boxes payment ok, is it not that way?

The "OK" is the status, but actual payment history is reported as well.  Most creditors will update with an "OK" whether you use the card or not, but some such as Comenity, do not.

Offline WAM

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Re: credit score
« Reply #1415 on: November 18, 2015, 01:17:03 PM »
Anything 90%+ is considered a maxed out card and will definitely drop scores substantially. 

Unless you have a super thick file with a lot of open accounts, expect a large drop.
I mean, other than the util %, does it have any long term effect?

Offline Mendelssohn

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Re: credit score
« Reply #1416 on: November 18, 2015, 01:38:22 PM »
I mean, other than the util %, does it have any long term effect?

It is possible that you may be placed on a different FICO scorecard for a few months, but that's about it. 

I would never recommend ever letting a card report 90%+ though.

Offline WAM

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Re: credit score
« Reply #1417 on: November 18, 2015, 01:53:34 PM »
It is possible that you may be placed on a different FICO scorecard for a few months, but that's about it. 

I would never recommend ever letting a card report 90%+ though.
Doesn't paying it off make it go away?

Offline Mendelssohn

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Re: credit score
« Reply #1418 on: November 18, 2015, 01:57:34 PM »
Doesn't paying it off make it go away?

That's not how rebucketing always works.

It's possible to get rebucketed for a certain change and then when your reports return to normal, have a lag time of up to a few months before you get moved back.

Remember, FICO scores are not a snapshot in time.

FICO scores are a snapshot in time based on your current scorecard.

Offline WAM

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Re: credit score
« Reply #1419 on: November 18, 2015, 02:39:10 PM »
That's not how rebucketing always works.

It's possible to get rebucketed for a certain change and then when your reports return to normal, have a lag time of up to a few months before you get moved back.

Remember, FICO scores are not a snapshot in time.

FICO scores are a snapshot in time based on your current scorecard.
So, if I'm not planning on applying for credit in the next few months, I shouldn't worry too much because it doesn't have a direct long term hit on my credit? Can there be collateral damage, such as another creditor slashing my CL?