Topic Wiki

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
Chase Slate = EX (either 08 or Bankcard enhanced)
PSECU = EX 04

Citi AA = EQ bankcard enhanced
DCU= EQ 04
PenFed = EQ NextGen

Barclays = TU 08
Discover it = TU 08
Walmart (store or MC) = TU 08

Author Topic: credit score  (Read 236715 times)

Offline PillanSmye

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2015
  • Posts: 958
  • Total likes: 23
  • DansDeals.com Hat Tips 1
    • View Profile
Re: credit score
« Reply #3825 on: January 04, 2018, 01:01:56 PM »
It seems that the Rapid Rescore is more than just another hard pull.
As described by several websites who provide reports to lenders:
Source 1 | Source2 | Source 3

Rather it sound's like it is able to update your balance (or other info) with the CRAs without waiting for the Lender to do so, based on sending them proof that the balance was actually lowered.

I can see many times where this can be useful if you need to get you Util down fast.
Have you ever heard of this?

I am only hesitant because there are no mentions of it here, and only 1 (in 2011) on CB

I clicked one of your links and it says they can update balances on current accounts which I had never heard of.  I didn't think anyone could mess around with a current open creditor other than the creditor themselves.

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1230
  • Total likes: 8
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: credit score
« Reply #3826 on: January 04, 2018, 01:07:51 PM »
I clicked one of your links and it says they can update balances on current accounts which I had never heard of.  I didn't think anyone could mess around with a current open creditor other than the creditor themselves.
Check this out:
http://credit1400.com/RiskReScoring.htm

There are many others like it.

They update the CRA directly based on a letter you send them from the creditor stating the info you need changed.


Offline PillanSmye

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2015
  • Posts: 958
  • Total likes: 23
  • DansDeals.com Hat Tips 1
    • View Profile
Re: credit score
« Reply #3827 on: January 04, 2018, 09:58:46 PM »
Check this out:
http://credit1400.com/RiskReScoring.htm

There are many others like it.

They update the CRA directly based on a letter you send them from the creditor stating the info you need changed.

I didn't mean that I didn't believe it.  I meant I learned something new.

Offline Pesach

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Nov 2016
  • Posts: 276
  • Total likes: 3
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: lawrence
Re: credit score
« Reply #3828 on: January 06, 2018, 06:52:09 PM »
I applied for a citi personal which I got approved for right away and then a minute later applied for a citi business aa card which got rejected because of the multiple applications policy that citi has, was this citi business card supposed to be recorded as an inquiry on my experian report? A few reps explained to me that the system automatically rejected it right away without requesting a credit report and I see here  that a hard inquiry was still recorded on my account?

Offline PillanSmye

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2015
  • Posts: 958
  • Total likes: 23
  • DansDeals.com Hat Tips 1
    • View Profile
Re: credit score
« Reply #3829 on: January 07, 2018, 02:03:58 PM »
I applied for a citi personal which I got approved for right away and then a minute later applied for a citi business aa card which got rejected because of the multiple applications policy that citi has, was this citi business card supposed to be recorded as an inquiry on my experian report? A few reps explained to me that the system automatically rejected it right away without requesting a credit report and I see here  that a hard inquiry was still recorded on my account?

DROPR

Offline a good yeshiva bachur

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2015
  • Posts: 1422
  • Total likes: 57
  • DansDeals.com Hat Tips 4
  • Gender: Male
    • View Profile
Re: credit score
« Reply #3830 on: January 07, 2018, 08:52:47 PM »
I applied for a citi personal which I got approved for right away and then a minute later applied for a citi business aa card which got rejected because of the multiple applications policy that citi has, was this citi business card supposed to be recorded as an inquiry on my experian report? A few reps explained to me that the system automatically rejected it right away without requesting a credit report and I see here  that a hard inquiry was still recorded on my account?
The hard inquiry is for the personal account

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1230
  • Total likes: 8
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: credit score
« Reply #3831 on: January 09, 2018, 11:53:19 PM »
It seems that the Rapid Rescore is more than just another hard pull.
As described by several websites who provide reports to lenders:
Source 1 | Source2 | Source 3

Rather it sound's like it is able to update your balance (or other info) with the CRAs without waiting for the Lender to do so, based on sending them proof that the balance was actually lowered.

I can see many times where this can be useful if you need to get you Util down fast.
Have you ever heard of this?

Semi-Update #1:
It WORKS!!
Utilization went down from 70% to 2% in a day.

The attached score from Credit Karma is FAKO, but it's just illustrative of the 1-day jump that is possible. The Fico score jump was equally impressive, just not as well illustrated.

The lender sent a form to fill out, where you specify what information to update for each account.
For each account that you want to change, you need Letter from the Creditor with the Account Number, and exact details of what info needs to be changed (E.G. Balance is $0).

Usual processing time is 72 hours, but for Zeroing balance, it takes less time. So far only TransUnion updated the balances the same day.

@PillanSmye

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1230
  • Total likes: 8
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: credit score
« Reply #3832 on: January 12, 2018, 03:27:34 PM »
Semi-Update #1:
It WORKS!!

The attached score from Credit Karma is FAKO, but it's just illustrative of the 1-day jump that is possible. The Fico score jump was equally impressive, just not as well illustrated.
Semi-Update #2:
FICO Score Update: EX 651 to 728 in 2 days, mid-cycle.
This still has 2 balances that are not yet zeroed out, so it should go up higher soon.


Offline noturbizniss

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2012
  • Posts: 6489
  • Total likes: 56
  • DansDeals.com Hat Tips 3
  • Gender: Male
    • View Profile
  • Location: North Jersey
Re: credit score
« Reply #3833 on: January 13, 2018, 11:31:38 PM »
So busy with Amex offers that I let my Blanche go to 85% on a card (which I also may be an AU on more than once)
Whoops!

And last month I had this doozy that should update any day. This is probably the real killer....
READ THE DARN WIKI!!!!

Chuck Norris...
...can still do FT method
...READS THE WIKI!!!

Offline eliraps

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Oct 2010
  • Posts: 717
  • Total likes: 2
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: ORD
Re: credit score
« Reply #3834 on: January 14, 2018, 08:47:12 AM »
My Equifax credit score just dropped 21 points. I haven't applied for any credit recently, used a big % of my credit line or done anything different than I usually do.
Is this reason for concern?

Offline Zalc

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2014
  • Posts: 1230
  • Total likes: 8
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: credit score
« Reply #3835 on: January 14, 2018, 11:44:00 AM »


So busy with Amex offers that I let my Blanche go to 85% on a card (which I also may be an AU on more than once)
Whoops!

And last month I had this doozy that should update any day. This is probably the real killer....

Unfortunately, Rapid Rescore is only available to mortgage services... at least officially.

Offline noturbizniss

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2012
  • Posts: 6489
  • Total likes: 56
  • DansDeals.com Hat Tips 3
  • Gender: Male
    • View Profile
  • Location: North Jersey
Re: credit score
« Reply #3836 on: January 14, 2018, 12:36:35 PM »

Unfortunately, Rapid Rescore is only available to mortgage services... at least officially.
Don't mind the drop. Not applying for any new credit. Just thought I'd post so people see the impact of large balances
READ THE DARN WIKI!!!!

Chuck Norris...
...can still do FT method
...READS THE WIKI!!!

Offline MasterAmex

  • Dansdeals Gold Elite
  • ***
  • Join Date: Dec 2015
  • Posts: 175
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
Re: credit score
« Reply #3837 on: January 16, 2018, 01:54:06 PM »
Don't mind the drop. Not applying for any new credit. Just thought I'd post so people see the impact of large balances
my credit score dropped over 50 points for high utilization
but shot back up after lowering the utilization

Offline as2

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2013
  • Posts: 3122
  • Total likes: 237
  • DansDeals.com Hat Tips 18
  • Gender: Male
    • View Profile
Re: credit score
« Reply #3838 on: January 16, 2018, 02:58:17 PM »
my credit score dropped over 50 points for high utilization
but shot back up after lowering the utilization
Where were you looking at it? FAKO seems to move up and down much more drastically.

Offline sam28

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2010
  • Posts: 1206
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
Re: credit score
« Reply #3839 on: January 16, 2018, 04:12:27 PM »
Does anyone know on what # does Experian pick up the phone . what ext. to diel ?