Get your credit report (not only the score) and check for inaccuracies. You don't need to pay anything to get it in the mail, just follow the instructions.sepideh wrote: ↑03 Aug 2017 22:02 Hello guys,
I recently noticed that my credit score has dropped from 700 to 614!
I did more caring like writing down the due dates and paying ontime , now after one week that i paid most of my credits, it dropped to 613!
I am so desparate. I don't know what should i do .
Credit Scores for free
Re: Credit Scores for free
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
Re: Credit Scores for free
Yes,
I saw the report .It doesn't show the payments to visa and shows the old balance.
I don't want to pay to my loc because it is invested for something else but I am paying on time for the interest.
I saw the report .It doesn't show the payments to visa and shows the old balance.
I don't want to pay to my loc because it is invested for something else but I am paying on time for the interest.
Re: Credit Scores for free
thanks any way for answering,I really appreciate as I don't know why it's coming down after being so careful.
Re: Credit Scores for free
Google why is my credit score dropping and you may find the answer.
Making new applications causes the score to drop along with the number of credit inquiries. Shopping for a loan might cause it to drop.
"And the days that I keep my gratitude higher than my expectations, well, I have really good days" RW Hubbard
Re: Credit Scores for free
That's right.
I have not inquire for anything and no loan application, which reflects in my credit score too.
The only thing is that i have paid for my credits but the update doesnt show that.
Should I wait or contact them?
I have not inquire for anything and no loan application, which reflects in my credit score too.
The only thing is that i have paid for my credits but the update doesnt show that.
Should I wait or contact them?
Re: Credit Scores for free
Give it another month or two.
Unless you're going to be applying for credit in the immediate future, you should not have to care about daily fluctuations of your credit score and how quickly it reacts to changes in the input parameters.
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
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Re: Credit Scores for free
Had occasion to look up my credit score and that of a family member recently.
Had never done so in the past, ever. Equifax report & score.
Results were totally unrepresentative of the credit risk of the family member.
I.e. garbage.
Had never done so in the past, ever. Equifax report & score.
Results were totally unrepresentative of the credit risk of the family member.
I.e. garbage.
Re: Credit Scores for free
yes ,
I shouldn't check too quickly.
does this( too quick checking) by myself ,affect my score, negatively?
I shouldn't check too quickly.
does this( too quick checking) by myself ,affect my score, negatively?
Re: Credit Scores for free
'Soft' inquiries do not (are not supposed to) count/affect credit score. It can take months for updates to happen to one's credit history. It is a matter of 'when' the affected credit institution decides to pass on updates to Equifax et al.
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Re: Credit Scores for free
Well as they say: Garbage in, garbage out.OnlyMyOpinion wrote: ↑07 Aug 2017 20:42 Had occasion to look up my credit score and that of a family member recently.
Had never done so in the past, ever. Equifax report & score.
Results were totally unrepresentative of the credit risk of the family member.
I.e. garbage.
Was their credit risk overstated or understated?
If overstated, then work to get the underlying info corrected. You may consider it to be garbage, but it's the garbage everyone else will see too when checking the family member's credit.
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Re: Credit Scores for free
Is the credit report provided free by RBC to account holders accurate overall? Or only based on investments held within this bank?
Re: Credit Scores for free
Yes it is accurate overall. It is provided by the credit bureau itself from your full credit file. It is direct pull from the CB on the date you access.
Overall would be the same score any crefitor would get if they pulled your bureau.
Overall would be the same score any crefitor would get if they pulled your bureau.
Re: Credit Scores for free
I have accounts with RBC and RBCDI. On one of their sites, I found "See my credit score". It was 859 out of 900. How does that impact (impact is not a verb, but I'll use it as such) my life? Why would I care?
I don't intend to offend anyone, that part is just a bonus.
Science flies men to the moon. Religion flies men into buildings.
Science flies men to the moon. Religion flies men into buildings.
Re: Credit Scores for free
http://www.dictionary.com/browse/impact?s=t
noun
1. the striking of one thing against another; forceful contact; collision:
The impact of the colliding cars broke the windshield.
2. an impinging:
the impact of light on the eye.
3. influence; effect:
the impact of Einstein on modern physics.
4. an impacting; forcible impinging:
the tremendous impact of the shot.
5. the force exerted by a new idea, concept, technology, or ideology:
the impact of the industrial revolution.
verb (used with object)
6. to drive or press closely or firmly into something; pack in.
7. to fill up; congest; throng:
A vast crowd impacted St. Peter's Square.
8. to collide with; strike forcefully:
a rocket designed to impact the planet Mars.
9. to have an impact or effect on; influence; alter:
The decision may impact your whole career. The auto industry will be impacted by the new labor agreements.
verb (used without object)
10. to have impact or make contact forcefully:
The ball impacted against the bat with a loud noise.
11. to have an impact or effect:
Increased demand will impact on sales.
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
Re: Credit Scores for free
It is only relevant if you are a borrower, renter or in some cases have home/ auto insurance.
Higher score can make credit appoval easier, quicker and your rate may be lower although with most banks, the credit score is just one factor in the approval/rate matrix. Landlords may pull a credit bureau in deciding on tenant approval. Some insurance companies are now using credit scores in their approval and pricing.
But your score is excellent so no worries.
Re: Credit Scores for free
With CreditView1, a service from TransUnion, you can check your credit score and report – at no cost, and with no impact to your score. Simply sign on to your account through Scotia OnLine or the mobile banking app to get started.
Sign In to Scotia Online
http://www.scotiabank.com/ca/en/0,,1246 ... fgodve4EZg
May be a scam if so we've been scammed seems to work ok. Wifey has a credit card she didn't know she had, wrong address for me, wrong employer for wifey.
Sign In to Scotia Online
http://www.scotiabank.com/ca/en/0,,1246 ... fgodve4EZg
May be a scam if so we've been scammed seems to work ok. Wifey has a credit card she didn't know she had, wrong address for me, wrong employer for wifey.
This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed
Re: Credit Scores for free
A lot of FI's are providing Transunion's CreditView through their online banking sites. I see it in Scotia, Capital One, BMO, etc. Probably a good service for most indebted Canadian consumers these days, given that up to now, one could only get their score once a year for free.
Credit score is pretty meaningless for those of us with no debt and no intention of incurring debt.
Off-topic, but FWIW, I still subscribe to Equifax's service to monitor and alert me to credit checks against my file and for my personal information being used for identity theft purposes. It may, or may not, be perfect but given the increasing prevalence of data breaches and identity theft, I may have a fighting change of catching 'theft in progress'.
Credit score is pretty meaningless for those of us with no debt and no intention of incurring debt.
Off-topic, but FWIW, I still subscribe to Equifax's service to monitor and alert me to credit checks against my file and for my personal information being used for identity theft purposes. It may, or may not, be perfect but given the increasing prevalence of data breaches and identity theft, I may have a fighting change of catching 'theft in progress'.
finiki, the Canadian financial wiki The go-to place to bolster your financial freedom
Re: Credit Scores for free
Does BMO really have this? I know RBC does.
The Scotia offering is ever so slightly better by having email alerts sent when something changes on your file.
Updates once a month, irrespective of the bank you use to reach CreditView. Logging in with a different bank will reset the date the first time but you’re accessing the same CV account.
The Scotia offering is ever so slightly better by having email alerts sent when something changes on your file.
Updates once a month, irrespective of the bank you use to reach CreditView. Logging in with a different bank will reset the date the first time but you’re accessing the same CV account.
Re: Credit Scores for free
Maybe not BMO. Was pretty sure I saw it on their Mastercard tab....but don't see it now. Must have mistaken BMO for one of my others
finiki, the Canadian financial wiki The go-to place to bolster your financial freedom
Re: Credit Scores for free
Is credit karma a good way of keeping track of one's credit report? I have never used it. I am wondering if many people in this forum use it.adrian2 wrote: ↑29 Jan 2017 13:55 For the free score and report from TransUnion, a painless registration at http://www.creditkarma.ca is all you need.
Mainly, I want to keep track of my report in order to prevent fraud. It seems like every now and again some story like this shows up in the press.
Re: Credit Scores for free
There are two credit reporting agencies in Canada: Equifax and TransUnion.gobsmack wrote: ↑04 Feb 2019 07:46Is credit karma a good way of keeping track of one's credit report? I have never used it. I am wondering if many people in this forum use it.adrian2 wrote: ↑29 Jan 2017 13:55 For the free score and report from TransUnion, a painless registration at http://www.creditkarma.ca is all you need.
Mainly, I want to keep track of my report in order to prevent fraud. It seems like every now and again some story like this shows up in the press.
Creditors report to either one or both of them, so if you want to be on top of what's happening you will need to monitor both Equifax and TransUnion's files that they have on you.
Credit Karma provides access only to the TransUnion file.
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
Re: Credit Scores for free
Hey Gobsmack,
I use Credit Karma (Transunion) and Borrowell (Equifax).
I do a quick check weekly of each, just to see if my score has changed and if there are any new credit inquiries on my file. I applied for a HomeTrust Visa last summer, and the inquiry showed up on my Borrowell report, but not my Credit Karma report.
Each provides an abbreviated report very similar to the printed reports I used to request from Equifax and Transunion.
Joe
I use Credit Karma (Transunion) and Borrowell (Equifax).
I do a quick check weekly of each, just to see if my score has changed and if there are any new credit inquiries on my file. I applied for a HomeTrust Visa last summer, and the inquiry showed up on my Borrowell report, but not my Credit Karma report.
Each provides an abbreviated report very similar to the printed reports I used to request from Equifax and Transunion.
Joe