Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Auto Insurance
Profile Image

Question By
cookiecrum

0 Contributions
0 People Helped
How do I get my insurance score? Got my insurance quoted said my score was 400 my credit runs 700

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-4 of 4Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
2 Contributions
6 People Helped
Most Helpful Response

Insurance score

Helpful to 4 out of 6 people

I have never seen a credit score fore my auto insurance how do you get it

2 Contributions
6 People Helped

Equifax

Helpful to 2 out of 4 people

Equifax does not keep reports right they want let you give a right dispute they turn me down ever time they want let me correct nothing on my report it is way wrong transunion is only one reports anything right at all equifax and experin is two reporting agent don't correct thing right and it not right

Top Contributor
491 Contributions
211 People Helped

Does no one here understand that Transunion, EQ, EF do NOT give scores?  Each lender, or insurance company uses one of 50 different scoring systems. Or they make up their own.  When they give you a score they say "Based off (insert agency) reporting"

The reson the same company can get different scores from the different agencies is due to what lines of credit you have and WHO they send reports to.  A lender can send to one, two, or all three of the agencies they are paying membership for. Since it costs them money they may only report to one.

You get no score form Tansunion (or any other Credit Reporting Agency), lenders get no score from transunion, CK gets no score from transunion.  Transunion, is only a database of your credit history.  CK then takes that data and plugs it into Vantage to come up with a score.  Your car loan took that same data from Transunion and put it into a different one, maybe a FICO2 (or even one they made up themselves), and then Crdit Card took the same data from Transunion and maybe they put it into FICO8.

Tansunion may give you a score if you ask them when you pull a yearly report, but they might use FICO23 who knows. Lenders themselves do not get a score from Transunion though, just the data.

Each model will rate different factors higher.  A homelender wants to see very low credit card usage, and needs to see diversity. A credit card lender may actually like to see higher usage, but if you have any late payment it will kill you. These are only examples of how the score can vary.  I am about 20-30 points lower (than shown here in CK) for a car loan, and yet for a home loan I was 40-60 higher than what CK shows.  so this is about a 90 point difference between the two within a few months, with no major change in the score here at CK just a couple points drop due to the hard inquiry

1 Contribution
1 Person Helped

equifax sucks

Helpful to 1 out of 2 people

i totally agree, i have a 700 transunion score and a 500 with equifax.. its crazy!  Equifax is very hard to get anything taken care of.  good Luck

Results 1-4 of 4Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.