Credit Advice

CK is your transunion score.

I've found it to be accurate. I bought a car a few weeks ago, and when they pulled my score, it was identical to CK.

Credit Karma pulls your TransRisk, Auto Insurance score and Vantage score from TransUnion and Quizzle pulls your Experian Credit report and score. Credit Karma is as accurate as Quizzle, and all the other scoring sites. Scores will vary from each site because they use different scoring models. You can read more about it here: - http://www.creditkarma.com/article/differentscores

 They are close , but if you want your real credit score, the only place to get it is through my fico. There could be a major difference in scores. Credit karma is great to monitor your credit and you generally no where you stand, but my scores are much higher on my fico then on here and my fico is the one most major banks use to extend credit.

I am not sure. Credit karma has my student loans listed 2xs so my total debt is 120k instead of 60k. Also, in the last 5 months my credit score on CK hasn't moved 1 point. I have paid all my bills on time. I even got a credit increase from  my credit card. I pay all my bills on time & my cc bill I pay 4xs the min at least every month. It also has 2 collections listed on my account. Says my derogatory are up 5 items. I only have 3 bills in my name so I can't fathom how that is possible. Pulled my Quizzle & the score is high. Paid for my credit report & I don't see any of these new derogatory items they mentioned ( as they don't show you the details) also my student loans are the right amount. I will go by the Quizzle one as it is reflecting my true data. Everyone is different though.

To my understanding, every time you apply for a credit card, your credit score take a hit of a couple of points downward.  However, if you are approve, you can use that credit card to help you drestore the point that you lost, if you used and make the payments on time, but it may take aproximately 3months.   I hope this helps 

CK is not accurate.  It's misleading in a lot of ways.  CK gives u something called the "vintage" scroe, which is a score that lender's don't use.  I would say that majority of lender's haven't even heard of this scoring forumla and only use the FICO score, which is what u obtained from MyFico.com for a $19.95.  Most of these websites that give u scores is not the FICO.  Understand that FICO is the real McCoy and this is what lenders go by, it's also a trademark.  If CK gave u the real FICO, then it wouldn't be free because CK would have to pay FICO everytime they use their trademark, therefore CK and other sites come up with their own scoring formula and call it the Vintage score so they don't have to pay royalites for using the FICO.   The problem is that most lenders don't go by Vintage score and it's useless.  

To the CK moderator: Do you know which score auto loans generally go with (FICO or Vantage).  My Vantage score is actually better than FICO.   Thanks.  Credit Karma has been very helpful to me, btw. and I'm grateful for the free services you offer.

Here are my scores just to give you an idea of accuracy. My CK score is 622 & my actual Transunion score is 591. My Equifax is 702 & my Experian is 694. The mortgage lender said they'll use the middle score, 694, to issue a loan.

I have to say I'm prettt impressed. The monthly reporting is really close to reality.  I have found this site an awesome educational and fairly realistic system.  Sure they have some products they push but that's what helps keep this at an unbeatable price.  I recently applied for a cc a few months ago and ck sent me an alert.  Talk about another great service!  Thanks CK - keep up the great work.