credit monitoring comparison » Truecredit http://creditmonitoringcomparison.org compare credit monitoring services Sat, 04 Feb 2012 17:57:40 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 credit scores? http://creditmonitoringcomparison.org/credit/credit-scores/ http://creditmonitoringcomparison.org/credit/credit-scores/#comments Fri, 22 Oct 2010 23:14:27 +0000 admin http://creditmonitoringcomparison.org/credit/credit-scores/
dee asked:


I currently have credit monitoring with truecredit and I recieve emails from transunion or from other socilitation on get your scores now. So I guess what I’m trying to say is all your scores still the same from all creditors through credit monitoring or if you purchase your scores from each creditor will they be rated the same as with truecredit

Bobby
]]> http://creditmonitoringcomparison.org/credit/credit-scores/feed/ 4 How can I find out my credit score I would get if applying for a mortgage vs. my FICO? http://creditmonitoringcomparison.org/credit/how-can-i-find-out-my-credit-score-i-would-get-if-applying-for-a-mortgage-vs-my-fico/ http://creditmonitoringcomparison.org/credit/how-can-i-find-out-my-credit-score-i-would-get-if-applying-for-a-mortgage-vs-my-fico/#comments Wed, 28 Jul 2010 19:40:31 +0000 admin http://creditmonitoringcomparison.org/credit/how-can-i-find-out-my-credit-score-i-would-get-if-applying-for-a-mortgage-vs-my-fico/
thatblissguy asked:


I know that the calculations used by lenders for a mortgage differ from Fair Isaac (FICO). I have TrueCredit (by TransUnion) triple credit monitoring which gives me unlimited access to all three of my credit reports (TransUnion, Equifax, and Experian) AND my FICO scores. I am preparing myself for a refinance and I want to see how I am scoring with the mortgage calculation, since I have improved my scores significantly over the past year when I got my sub-prime mortgage. My one year prepay penalty is coming up in late December and I want to be fully prepared before I start shopping. Also, what ABSOLUTE MINIMUM credit scores do I need, (FICO) and (Mortgage Lender), to be considered for a Prime rate (<7.5%). Thanks for your help, the people that contribute are greatly appreciated and I'm honored for your time and efforts! Keep up the good work!!!
So I just figured out recently that TransUnion's TrueCredit scoring use FACO and not a true FICO. I went to each bureau seperately and got my FICO and heres what I found, its astounding:
TU EXP EQ
FACO: 637* 596 607
FICO: 637* 660 678

*TransUnion only offers this scoring

I was going off this FACO calculation for over a year! Come to find out I have pretty good credit, and the things I have done to improve it had paid off substantially more than I thought in the past! My Mortgage score was MUCH higher than my FICO when I was applying for my first mortgage. So I now feel that my MORTGAGE SCORE should be in the 700s? Does anyone agree with that? That a middle score of 660 FICO would be at least 700 in Mortgage credit scoring?

Beth

]]> http://creditmonitoringcomparison.org/credit/how-can-i-find-out-my-credit-score-i-would-get-if-applying-for-a-mortgage-vs-my-fico/feed/ 2