What a crock. I am preparing myself for a sweet refinancing deal. I have credit expert and my score is at 691. No prob the refinancer says, just as long as you have a 680. So, to be sure today, I ordered MYFICO reports first. Each separately, to make sure everything is ok. All three bureaus have me at 691. Strange, I know, but I figured all the info is the same, so its possible. The refinancer isn't going to run my credit until I ok him to. But, to get the ball rolling, he requested I fax him a trimerge to make sure he can get me at 5.4%. I spend the extra money at TransUnion for their trimerge report so I don't get any surprises. SURPRISE On the TU report, TU is at 685, EQ at 667 and EX at 651. That knocks me out of the ballpark for the premium rates. I know all I have to do is pay off my credit cards and my scores will rise to above 700, I've done it before. (I have about $5000 is revolving debt) But I wanted to do it NOW. What a waste of $$$$. I can't believe that all 3 services have such different numbers. I called MYFICO to find out why the discrepency. Stupid responses. So, Credit Expert is useless. MY FICO is useless. My question is this.... I pulled a tri merge from TU through True Credit. Are these numbers the true numbers????
Thats exactly what the people at My FICO told me. But, so did the true Credit people of their trimerge.... Usually, fako is higher than FICO. Thanks for your reply
The Tru Credit people were not telling the truth. When you get the 3 in 1 credit report with scores, it takes you to the same site as privacy guard - that's a fake score. MyFico is the true score, and even then, it will not be the same as a true trimerge from a mortgage re-seller, because they are scored differently. A broker/loan officer has to order that, since individuals can't order from those particular sites.
Actually, from MY experience, all 3 of my fako's were usually LOWER than the real FICO. I knew my scores were good enough for the mortgage I wanted. The broker pulled my tri-merge and I was shocked at how much HIGHER the true fico's were on me!!! I got 5.2%! I use the fako's for up/down differences. When I really need my actual scores, I pull myfico!
In my own recent (Jan-Feb) experience, every MyFICO score was *exactly* what was reflected in the pulls for several mortgage apps. In fact, one of my scores showed up as 15 points higher and when I pulled myFICO, it showed the same - a balance had finally come in that I had paid off on DMB.
Thank you, thank you ALL! Thats what I needed to hear. I will let you know when the mortgage guy pulls a tri-merge. LOVE YA!
Hey BurnIt: Got your"official" tri-merge pulled yet? any further ideas on which is the best. So far sounds like MyFICO is superior. Good luck on your refi! G.H.
seems like MYFICO is the real deal. that being said, do they offer fresh daily pulls??? i use identityguard.com and just found out that the report i access everyday only gets updated EVERY 3 MONTHS!!! i gotta find a site with fresh daily pulls. dilla .
