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

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 ExGingi on March 04, 2019, 09:04:57 PM »

Author Topic: credit score  (Read 438084 times)

Offline shmooz

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Re: Credit Score Drop?
« Reply #165 on: February 20, 2014, 12:03:46 PM »
Thanks for responses.
Just to clarify, the school wants to make sure they are paid, so they put a hold on the card in the amount of $5000 (or whatever) and charge it when it comes due. The total amount is pretty much my total credit line on that card.

I think that will lower my credit line to near zero, so if I charge even a few dollars that will look like I am maxing out. So i am thinking that by making sure when it closes there is no balance that will not affect anything.

Offline Marco Polo

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Re: Credit Score Drop?
« Reply #166 on: February 20, 2014, 12:15:38 PM »
Thanks for responses.
Just to clarify, the school wants to make sure they are paid, so they put a hold on the card in the amount of $5000 (or whatever) and charge it when it comes due. The total amount is pretty much my total credit line on that card.

I think that will lower my credit line to near zero, so if I charge even a few dollars that will look like I am maxing out. So i am thinking that by making sure when it closes there is no balance that will not affect anything.
See if it is possible to find out when the bank reports to the CA. try and work it out that the bill is paid before they report.
Quaerite et Invenietis.

Offline MC

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Re: Credit Score Drop?
« Reply #167 on: March 06, 2014, 06:50:20 PM »
How many points will your credit score usually drop when you're one day late for payment?

Offline CountValentine

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Re: Credit Score Drop?
« Reply #168 on: March 06, 2014, 07:15:00 PM »
How many points will your credit score usually drop when you're one day late for payment?
Zero
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Excalibur

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Re: Credit Score Drop?
« Reply #169 on: May 06, 2014, 07:47:07 PM »
My credit score dropped 6 points due to increased cl utilization on twenty second of April (Barclay). I paid it off and planned chase apps. But I was told they receive a report based on submissions to the bureau, they don't see what a current snapshot would look like. Is there any way to see where my eq/ex are holding regarding my cl utilization before I submit apps

Offline Excalibur

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Re: Credit Score Drop?
« Reply #170 on: May 07, 2014, 10:55:05 AM »
Bump, I think this is a pretty significant observation btw

Offline dovidb

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Re: Credit Score Drop?
« Reply #171 on: May 07, 2014, 12:32:36 PM »

How many points will your credit score usually drop when you're one day late for payment?
it only gets reported after you are 30 days late

Offline HDS

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Information about Credit Scores
« Reply #172 on: May 22, 2014, 10:13:57 AM »
(I posted this first in the START HERE thread, but because that is pinned, I don't think it gets much traffic, except for the very useful wiki. I did do a light edit, but apologies for reposting for those who saw this there.)

A recent study shows that I'm not alone in knowing little about Credit Scores. (http://www.consumerfed.org/news/669)

I've been looking for a thread about them - how they are really calculated, what matters, what doesn't matter, how they are used by banks, what is the best way to dispute, etc. I have searched, and I haven't really found anything like that.

If there isn't such a thread already, would such a new thread be welcome here by The Establishment?

I have done a fair number of Google searches. Many sites have the famous percentages, and "examples" of how much a good score can save you. I get it - I should pay my bills on time, and I want a "good score." :) Few, if any, seem to have information on the calculations themselves, or specifics on how positive or negative activity in any of the percentage categories are actually scored. I understand that much of this is proprietary bank information, but surely there is some specific knowledge and advice out there? If anyone has any helpful links with information, I'd be eager to see them - feel free to PM or post.

A smattering of the questions I have: (I understand that some of them are broader than just the credit score piece, but that's an important part of all of them. Plus, I have more.)

Even though the percentages tell you how much the categories are worth (On time payments, 35%, how much you owe, 30%, etc.) I don't understand how particular activities within those categories are scored. Examples (not the best, but you'll get the point, hopefully): If I miss a $3,000 mortgage payment by a month, will I get a 0 for my 35% of on time payments? Is that the same as if I missed an $85 student loan payment by a month 10 years ago? Or if I missed a $1.95 CC payment in high school that I still haven't paid? If I recently refinanced, so I still owe close to 100% of my current mortgage, is that a black mark against my 30% of how much I owe, or do they not look at the mortgage piece for "how much I owe"?

What are items that are worth disputing off your credit reports, and what are effective ways to do this? How long does it take different negative items to get off your report by themselves?

How badly (and for how long) do pulls + new credit hurt, as compared with the benefit of more credit leading to a lower utilization ratio? Is there a way to calculate this?

If your mortgage is by far your largest credit, dwarfing your CC credit, and your utilization is high (meaning, you aren't close to paying it off) does this impact your score in terms of credit card approvals?

How often should you put a few dollars on a CC you don't use for regular spending in order to make it work in your favor in your credit score?

What are good practices in terms of managing CLs, both in terms of credit score and in terms of being approved for more CCs from the same bank in the future? Is it detrimental to have a wide variation between CLs on different CCs, independent of utilization?

Most of the charts showing different levels seem to group the over 700 crowd together, pretty much. Maybe there is another little break at around 740. Once you are over 74x, how much benefit do you get by continuing to increase your score? Obviously, you shouldn't do anything to negatively impact your score, but are certain banks known to have target scores one should aim for for easier CC approval?

Offline HDS

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Re: Information about Credit Scores
« Reply #173 on: May 23, 2014, 08:56:04 AM »
Views: 56
Replies: 0

When a post falls in the forums, and no one replies, does it make a sound?

Online EJB

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Re: Information about Credit Scores
« Reply #174 on: May 23, 2014, 08:58:29 AM »
No

Offline george

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Re: Information about Credit Scores
« Reply #175 on: May 23, 2014, 09:06:38 AM »
Search the main site. I'm pretty sure there's at least one write-up addressing your questions.

Offline HDS

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Re: Information about Credit Scores
« Reply #176 on: May 23, 2014, 10:18:18 AM »
Search the main site. I'm pretty sure there's at least one write-up addressing your questions.

Ok, thanks. Will check.

Online chucksterace

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« Last Edit: May 23, 2014, 10:25:58 AM by chucksterace »
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Offline HDS

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Re: Information about Credit Scores
« Reply #178 on: May 23, 2014, 10:47:14 AM »
Here's one.. Still looking...

Credit Cards For Dummies: 10 Frequently Asked Questions
Want To Boost Your Credit Score? Spend On Business Cards Instead Of Consumer Cards.
Credit Score FAQs Part 1: Opening And Closing Cards.

Main Site Credit Card Posts

Very kind of you to post these, thank you.

I think I've actually seen all of them before, but I will read them again with a fine toothed comb. Dan is really excellent on the general concepts, and for true beginners, he is 100% right not to get bogged down in the details and nitty-gritty. It's exactly those "under-the-hood" calculations and mechanics of the process that I'm looking for, though.

Combs aren't generally fine toothed enough to actually comb out ink, let alone computer pixels, but I'll make sure mine is! For Science!

Offline bobthebuilder

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Re: Information about Credit Scores
« Reply #179 on: May 23, 2014, 01:37:42 PM »
You can also check out millionmilesecret he is very clear as well