experian credit score

allpine5346

Hi does anyone have a maximum credit score of 999 if not whats the highest score you have or have ever had ?

stephane_2

Does not matter what score you get....it's just a number generated out of thin air

chanz4

001, I wanted to beat myself up

allpine5346

stephane wrote: »

Does not matter what score you get....it's just a number generated out of thin air

its not generated out of thin air at all , i have been checking mine regulary and it increased lately due to many factors which make sense , when it was pretty low i could not get credit as its improved i have been able to get credit , its good indication for example if you have previous searches the score will be lower than if you have no previous searches etc. so its not generated out of thin air ... if someone has missed payments defaults etc, it wont be the same score has someone who has no defaults missed payments .

BugsyBrowne

allpine5346 wrote: »

its not generated out of thin air at all , i have been checking mine regulary and it increased lately due to many factors which make sense , when it was pretty low i could not get credit as its improved i have been able to get credit , ita good indication for example if you have previous searches the scorwe will be lower than if you have no previous searches etc. so its not generated out of thin air ... if someone has missed payments defaults rtc, it wont be the same score has someone who has no defaults missed payments .

I agree with this it's a great system Experian use as its very good to bankrupts as well, as these normally get the 950+ excellent.
It's also very user friendly towards people who carry CCJ's on their report these also get excellent scores.

stephane_2

allpine5346 wrote: »

its not generated out of thin air at all , i have been checking mine regulary and it increased lately due to many factors which make sense , when it was pretty low i could not get credit as its improved i have been able to get credit , its good indication for example if you have previous searches the score will be lower than if you have no previous searches etc. so its not generated out of thin air ... if someone has missed payments defaults etc, it wont be the same score has someone who has no defaults missed payments .

It's still a number out of thin air....not all lenders report to Experian...Experian do not know your salary...Experian do not know if you are a home owner...some lenders do not search Experian at all....

allpine5346

stephane wrote: »

It's still a number out of thin air....not all lenders report to Experian...Experian do not know your salary...Experian do not know if you are a home owner...some lenders do not search Experian at all....

no not all lenders search experian most do but others search equifax i suppose you gonna tell me equifax credit score is generated out of thin air too lol

rb10

allpine5346 wrote: »

no not all lenders search experian most do but others search equifax i suppose you gonna tell me equifax credit score is generated out of thin air too lol

There are a number of people on this forum who are very vocal with their views on the credit scores that the CRAs show to consumers.

Unfortunately, they tend to jump upon any thread that contains reference to credit scores immediately.

As with any credit scoring system, there will be anomalies. (It is trying to predict your future behaviour, after all). However, these posters take these anomalies to mean that the system is worthless.

Just ignore them.

bigadaj

The credit scores are largely useless, when questioned the CRAs always say they are broadly indicative.

A bit of common sense is better than any credit score, so if you record your situation, including any missed payments, defaults, bankruptcies and ccjs and balance these against your income, successful credit record, being on electoral roll you can generate you're own number which will be far more accurate.

allpine5346

dont care what you all say they are definitely not generated out of thin air there is som logic to it , whoever said they are generated out of thin air is a lunatic

Saints2011

See my signature - it clearly is "out of thin air"