E-Loan Score Question

They are 2 different scoring systems. The free TU score is BS, don't pay attention to it at all. The eloan score is based on the CreditXpert(NOT CreditExpert) scoring model which is similar to the actual FICO score. I'd say your score may be closer to 600 than 500.

 

Does it count as a hard or soft inquiry, running it on eloan?

 

It is a soft inquiry.

Also, my TU ELoan score was approx. 668 when I last checked it. I just received my TU FICO score, which was 675. So, I would tend to agree that your ELoan score is closer to your true FICO score.

 

I concur, the TU score you can purchase is BS. It's on a scale of 150 to 934. The real FICO type scores are on a scale of 300 to 850. It definitely is a soft inquiry.

 

Yes, soft.

 

My tu score is 673 and my eloan is 616. It makes me want to cry. My eloan says I have been late 90 days 12 times within the last 2 years. However, my only negative is from 5 years ago. I emailed don richman and he says he knows nothing about eloan. I think TU is doing something funny with my report.

 

I just checked mine, and my eloan score is a 683. I don't care how inaccurate it it, I like to see the high 600's so soon in my journey!!LOL I need to find out my EQ score next. Not sure how that will compare. I'm waiting to find out the results of a dispute, before I pay for the score though!

 

Hmm my Equifax: 652 Experian: 647 TU: 433 eLoan: 580. On my eloan it says number one reason for low score: in the past 2 years, you have missed 3 consecutive payments 41 times.
This is not true, I have not had a late payment in 3 years. But, I do have 3 collection accounts on TU with outstanding balances, past due amounts and listed as open. I think that's where it comes from. On all of them though, the Balance is a different amount than the past due. How is that possible??