Credit Report

[Nuovocapitolo]

It says in my credit report that a degrading factor in my score is having low credit limits. That I understand, however what is considered NOT low. Several of my cards have $1000 limit. Having multiple models all telling you different scores is ridiculous. One says 617 and another says 716. Nevertheless, this board has been extremely helpful in my rebuilding.

[Wanderer]

It says in my credit report that a degrading factor in my score is having low credit limits. That I understand, however what is considered NOT low. Several of my cards have $1000 limit. Having multiple models all telling you different scores is ridiculous. One says 617 and another says 716. Nevertheless, this board has been extremely helpful in my rebuilding.

Understand your frustration and confusion. True credit scores are a challenge to find. In my search and comparison, "myfico.com" has been the most accurate over time. There are the Vantage Scores, the Plus Scores, FICO Scores and then other suppliers. It seems confusing because it is! When my bank pulled FICO Scores from all three bureaus for my home loan, "myfico.com" was the only score provider that exactly matched what the bank obtained. Go figure? Equifax gets pretty close. How do I know? Pulled all three credit bureaus within a few minutes of each other to compare the results (it cost me some serious change to do the comparison of the three seperate bureaus). When all is said and done, each lender may use their own risk scoring model software and access one of the major bureaus and analyze the results for their own outcome. Anotherwords, your guess is as good as mine!