I can't seem to get back to the 500 club, let alone anywhere near the 600/700 club, with TU!!!!!!!!!!!!!!!! Every month, my score drops despite aging accounts and no inquiries. Balances 30% or lower.
I was having the same problem with TU. Every month, score was going down--despite several deletions from the report that I thought should have made a positive difference, and the addition of one new trade line with perfect history. It finally stopped when it hit 501, I got a 5 year old, $100 collection account removed and it jumped up to 601. TU sucks. -- cnswift
Don't get too upset. You could pull numbers out of a hat, and they would represent your credit score more closely than TransUnion's counterpart. Their score system is obsolete as far as I'm concerned.
Just ignore the TU score that is given to us. I do. It is not accurate. I have 10 positive accounts reported and NO negatives. active accounts: Amex Blue- $1,300 bal (was $4,000) Chase Platinum- 0 balance BofA Platinum- $115 balance Kohls- 0 balance CapOne- $150 balance JCB- 0 balance Infiniti auto loan- since 04/01 My oldest account dates back to 1993. My score? A whopping 658. I have only had 4 inquiries in the last 12 months and only 2 in the last 6 months. There is no method to their madness (TU). The score they give us is apparently made up to pacify the whinning child (they think). :-D
I've used the score at e-loan.com. It's the creditexpert score. It gave me a 738, and Transunion's score was a straight 600. A 138 point difference makes a person wonder. I think the creditexpert score is much closer than the transunion score. If you want to see if it's any higher, just drop over to eloan.com and check it out. Let us know what it gives you.
Isn't the Eloan score "creditxpert"--meaning from Trans Union? "Credit Expert" is through (the monitoring service) Experian, since it links to their CR reports. I was reading the fine print and that was my assumption. That threw me, since at first I was thinking it was the same as the Credit Expert score, but apparently it is the TU one. Now, another question...is this "CreditXpert" score a *real* one, meaning different from the one that TU sends the consumer with their reports?
Now how is it that on my last TU report (just a couple of weeks ago), my score was 531 and now at e-loan it is showing 608? Has it really gone up that much or are these totally unrelated numbers? Which is it? Sooooo confused still.
They pull numbers out of a hat 95% of them are low numbers. Your score drops because they keep changing the reasons and adding new ones to reduce scores.
TU must be depressing scores. I had 4 deletions and my score dropped 15 points. I am so glad most creditors don't even bother with TU.
They make up Negative things to replace the positive ones. They also increase the # of points a Neg. cost you.and decrease the # of points a Pos. gives you ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ It's very ease to see that we are in a no win situation.
DID YOU READ ABOUT SOME NEW REASON CODES??? Not enough NEW accounts. Too few accounts with balances. Too few inquires. No new mortgage account.
