Anybody know their credit score?

[propita]

We agreed to lock in our (15 year) re-financing at 3.75% with no points, hoping that the rate won't drop.

The mortgage broker said she hadn't seen all 6 scores (3 for me, 3 for Hubby) so high. Strangely, I have a 3-point higher average score than Hubby--and I have barely worked in the last 10 years.

Interestingly:

One inquiry on his credit dropped that score 10 points.

Using only 4 percent of our available revolving credit was considered "high" by all three agencies.

It doesn't appear that any of them looked at our savings or checking balances.

 

[Lindley]

I've been trying to figure out my credit score. I have reason to believe that Equifax is telling people something fishy, but the free annual credit report I got from them in March didn't show anything odd. It didn't come with an overall score, though.

 

[SVD]

Sans credit card and with only a checking account to my name thus far, either 0 or undefined.

 

[RoJoHen]

Just bought a new car a few weeks ago, so they had to do a credit check. I know my score as of that day.

 

[auntiehill]

My credit has always been really good. One job working at a credit card company scared me into being super-vigilant about my credit and payment history.

My credit score is about 80 points higher than my hubby's, so almost everything we bought after we first moved in together is in my name. The fridge, the couch, the bed, the used car, even the car insurance and the credit card.

 

[STR]

It doesn't appear that any of them looked at our savings or checking balances.

Because, unless you bail after owing them overdraft fees, a bank won't report you to a credit bureau. Same with utilities and telecom's, even if they require a soft credit check (which don't affect your score, in fact, credit card co's soft check your credit all the time to "prequalify" you).

 

[Agent Richard07]

Here's an online questionaire that will give you some idea of what your score might be...

FICO Score Estimator

 

[Vulcan Princess]

Mine is really high. I pay all of my bills on time, but I have obscenely high student loan debt. (Law school...) The strange thing when I pulled my credit report last time was that the report said my score was lowered because I don't have a car loan. I paid cash for my (old clunker) car. In my book, that's responsible, not cause for lowering a credit score.

 

[Amaris]

I'm not sure. I did go through CreditKarma to get my score, but someone here told me (I'm sorry, I've forgotten who it was!) that they, like a lot of other Credit score agencies, use their own calculations and so it's not as accurate.

 

[Spaceman Spiff]

Mine's a perfect 100!

 

[Robert Maxwell]

I'm not sure. I did go through CreditKarma to get my score, but someone here told me (I'm sorry, I've forgotten who it was!) that they, like a lot of other Credit score agencies, use their own calculations and so it's not as accurate.

I might have been the one who told you that. I use CreditKarma, too. It's decent and free, at least.

 

[Amaris]

I'm not sure. I did go through CreditKarma to get my score, but someone here told me (I'm sorry, I've forgotten who it was!) that they, like a lot of other Credit score agencies, use their own calculations and so it's not as accurate.

I might have been the one who told you that. I use CreditKarma, too. It's decent and free, at least.

Yeah, I think you were the person who told me. I do like all the features they offer, and yep, the reason I use it is because it's free.

 

[propita]

I was told by the mortgage broker that a lot of those services providing credit scores--not the "big three"--use their own metrics, so the number they give you may be significantly different than Experian/Transunion/Equifax numbers. Sometimes enough to drop one out of the better interest rate.

 

[MetalPants]

As of last year when I bought my home my score was very very high.

 

[Scout101]

not sure exactly, it was in the upper 700s somewhere last I checked. Student loans and a mortgage, but never missed a payment on either. 2 credit cards, no balances carried over, no missed payments...

 

[Amaris]

Mine is really high. I pay all of my bills on time, but I have obscenely high student loan debt. (Law school...) The strange thing when I pulled my credit report last time was that the report said my score was lowered because I don't have a car loan. I paid cash for my (old clunker) car. In my book, that's responsible, not cause for lowering a credit score.

I know what you mean. Personally, I don't have the vaguest understanding of how credit is supposed to be calculated. Things that, to me, would be responsible (paying off loans quickly, not having too many lines of credit open), are considered wrong decisions. It's as if these agencies want people to be in debt up to a certain extent.

 

[propita]

Student loans paid as of this month. Last car payment this month, too.

We only have three credit cards, Amex, a Visa, and Macys. They seem more interested in "proportion of balances to credit limits ... on revolving accounts." That got us a ding from each of the agencies--and it was only 4% of available credit!

We put most expenses on a credit card just to help us track them. Each card gets paid off each month, no matter what, even the new iMac and stuff (which adds over $2000 to that bill)--all will be paid in full. As I posted and someone responded, the agencies don't see that we pay in full, they only see the balance as of when they checked and how much is available.

 

[T'Girl]

Anyone know what the highest score is? What does the scale go up to, where does it max out?

 

[STR]

Anyone know what the highest score is? What does the scale go up to, where does it max out?

FICO, the common scoring method that takes into account info from all 3 credit bureaus, goes from 300 to 850. The average credit score is ~720, with 2/3 of people having a score between 650 and 800.

 

[Holdfast]

I've never needed to check what it actually is. I run a couple of mortgages (one a buy-to-let), but apart from that debt, my credit cards are paid off monthly, I only use under a tenth of a high limit, and since I never fall behind on payments, there's nothing really to knock it down, I'm guessing.