Mine hasn’t moved in 3-4 months. Im stuck at 769.

Just curious if its just me ?

Thanks.

PS, My other free score, Quizzle was only 703 which is a wider range than I expected. Both, however, have me in the top 15%.

Both scores supposedly come from transunion so go figure.

(Im not willing to PAY for a credit score or even sign up for those free & cancel deals)
Credit Karma provides a free no-hassle credit score without the usual 30 days free bait followed by extravagant automatic enrollment. Instead, it recuperates its costs with targeted advertising offers based on your credit history.

I don’t oppose automated targeted ads. We are already bombarded with many of them unknowingly and often they provide better matching offers. I checked my Credit Karma’s scores a month ago but had an uneasy reservation when I learned that Credit karma provides its own “proprietary credit score” on scale of 300 to 850 (same scale as FICO Score of Equifax).

All of us who have done a credit score check from all 3 credit bureaus know that the credit scores differ by a few points. Credit scores are slightly different because each provider uses somewhat different algorithms. However, all credit scores are calculated from payment history (~35% weight), credit utilization (i.e. how much balance you have on card, ~30%), length of credit history (~1
In order to find the accuracy of credit scores, I briefly subscribed a trial offer (and canceled same day) and pulled credit scores from all 3 credit bureaus. In comparison to my Credit Karma scores, credit score differ as follows (difference in parenthesis); Transunion (0 points), Experian (+17),and Equifax or FICO (+7). The low difference in Transunion score maybe because Credit karma utilizes Transunion’s service to calculated its scores. As a safe guard I also asked my cousin M to check his scores. He found his Experian score was 12 points lower than Credit Karma’s score.

In conclusion to my little unscientific experiment, Credit Karma’s credit scores are reliable. It gives free tools. There is no need for not signing up for the service since it’s free. I would love to hear about your own Credit Karma’s experiment.

Technorati Tags: 3 credit bureaus, 4 months, amp, automatic enrollment, cousin, credit history, Credit score, credit scores, Equifax, Experian, free bait, free score, hasn, hassle, Karma, payment history, proprietary credit, safe guard, targeted advertising, Transunion

Tags: 3 credit bureaus, 4 months, amp, automatic enrollment, cousin, credit history, Credit score, credit scores, Equifax, Experian, free bait, free score, hasn, hassle, Karma, payment history, proprietary credit, safe guard, targeted advertising, Transunion