Credit Score - Credit Karma vs Experian

MayrMeninoCrash

Liberal Psycopath
Dec 9, 2004
24,807
8,924
693
Loveland, CO
#1
Checking my credit today, I went to Credit Karma, and to the FICO score offered by Amex (Experian). I saw that they were almost 100 points different. (788 on CK and 697 on Exp). Wondering why the huge variance and who to even believe? My accounts are current and I recently paid off a bunch of credit cards. Is one more "reliable" than the other?

Nope not in the market for more credit, just want to make sure I'm not getting hosed by a false report.
 
Dec 8, 2004
49,641
21,349
693
Maine
#2
I think a lot of times is when they "look" and then calculate your credit. Like I was doing a renovation here so I'd put everything on my Amazon credit card and then pay it off at the end of the month. Credit Karma looked one month and I was using more then half of my credit so it dropped like 50 points. Even though I paid off the card every month. So what I did is just got a PayPal card (that I will never use) to increase my available credit and now back to 800...
 

Jacuzzi Billy

Watching PTI
Donator
Mar 22, 2006
43,172
22,375
628
Red Jacuzzi
#4
Too bad Frank isn't here anymore to help. His credit was constantly going up 60 points.
 

Wrecktum

Tounge puncher of fart boxes
Jun 29, 2006
4,399
1,537
563
Cervix spelunking
#5
I believe they update at diffrent times. So you may have one that changes drastically for what ever reason then the other may change a few weeks or months later.

Sent from my SM-G965U using Tapatalk
 

Cunt Smasher

Caligula Jr.
Aug 26, 2005
13,696
4,217
628
#6
I heard a rumour there were places you could go where you pay them like $1000, and they would make you several loans on paper only, with you repaying them, to raise your credit score.
 

Sinn Fein

Infidel and White Interloper
Wackbag Staff
Aug 29, 2002
31,799
2,353
898
Florida's Nature Coast
#7
My various scores are within 10 points of each other. Give it time and they should level off. Only time I had a big variance like that was when my wife opened a new (joint) account without telling me. It hit the one first, and then the other.
 

MurphCO

Well-Known Member
Donator
Dec 13, 2011
1,540
891
298
Parts Unknown
#8
the algorithm considers how much open credit you have and how much is used, the balances.....weirdly it can be better to carry reasonable balances and make payments without missing to increase your score

Having no balance isn’t necessarily better

It’s dumb