The Master Credit Score Mad Scientist Thread

[cj123]

I just got a fat package from AmEx today too.

 

 

I didnt get my package from amex yet applied 4/19

[BobWang]

ES1 got ITA for PSECU Visa 9% APR.

 

Not a pre-approval, but she's only been a member for a couple of weeks.

 

This makes me suspect that PSECU is trying to drum up CC business.

[BobWang]

[Repairerer]

What happened to that Platinum Rewards card?

[road2freedom]

Look at what you did! You better hope he doesn't have internet access in SK.

[BobWang]

What happened to that Platinum Rewards card?

Oh, that's ES2's Rewards Visa, $1k limit.

 

I've been using it to hit $1k for the 20,000 point bonus.

 

I was worried a $160 charge was going to put him over-limit, but it looks like it was just declined.

[BobWang]

Look at what you did! You better hope he doesn't have internet access in SK.

He has to go to a luxury hotel to mooch off the wi-fi.

 

I think I'm safe for now.

[Repairerer]

It's got $1 available and $19 balance.

[BobWang]

It's got $1 available and $19 balance.

PenFed has not adjusted Available Credit for ANY of the 5 payments I've made since 5/3.

 

The $1.00 test payment I sent on 5/2 looks like it is reflecting now.

 

Since, I spent EXACTLY $1,000.00.

[road2freedom]

So... inquiring minds want to know, what did you buy?

 

I had to spend $100 on Walmart.com for the wife to get $20 cash back when we opened her account the other day. That was a lot of Subway gift cards.

[BobWang]

[BobWang]

[BobWang]

 

 

 

 

[BobWang]

It took 9 days for the pull payment of $446.47 on 5/3 to be applied to available credit

 

[BobWang]

So, PSECU's FICO is definitely NOT FICO 08, since being an AU bumps up ES1's score by 65 points compared to Wally's TU FICO 08

 

DCU Equifax 04 = 753

PSECU Experian 04 = 761

Walmart TU 08 = 696

 

[Mike Lowry]

Why all the posts about PenFed that aren't on topic? I thought Point of Master threads is to keep everything on the same topic.

Edited May 14, 2012 by Mike Lowry

[BobWang]

Why all the posts about PenFed that aren't on topic? I thought Point of Master threads is to keep everything on the same topic.

The point of the screenshots is that PenFed takes about 9 days to credit payments to available credit.

 

So, it is very easy to go over-limit, show >100% utlilization, or high utilization with a PenFed card.

 

IOW, be VERY careful how one uses PenFed CCs near their credit limits.

[BobWang]

BTW, there are serious Master Threads, and tongue-in-cheek Master Threads.

[BobWang]

e.g. Here are ES2's PenFed Visa payments.

The 5/7 transfer from PenFed Checking to Visa still has not been credited to available credit.

 

4/29 Alliant Paper Check $1

5/3 PenFed Checking $446.47

5/7 PenFed Checking $251.36

 

[BobWang]

And the $160 charge I was worried about, putting ES2 over-limit, was rejected.

 

Even though, at the time I scheduled the payment, there was only a $145 balance on a $1k Visa.

[lynson]

I had this situation when my PenFed card was new. When it reached 6 months of age the available credit began updating within a day or two of payment.

[BobWang]

I had this situation when my PenFed card was new. When it reached 6 months of age the available credit began updating within a day or two of payment.

Oh, good to know that.

 

Must be like the $50 limit on ACH transfers for new members.

[Mike Lowry]

Why all the posts about PenFed that aren't on topic? I thought Point of Master threads is to keep everything on the same topic.

The point of the screenshots is that PenFed takes about 9 days to credit payments to available credit.

 

So, it is very easy to go over-limit, show >100% utlilization, or high utilization with a PenFed card.

 

IOW, be VERY careful how one uses PenFed CCs near their credit limits.

 

Oh, I see now. Gotcha.

[BobWang]

ES1:

 

2012-05-04 DCU Equifax FICO 04 753

2012-05-14 PSECU Experian FICO 04 761

2012-05-14 Walmart TU FICO 08 717

[patz2009]

I can't remember the big parts of the '04 and '08 versions of FICO, but is there a different reason other than the more inquiries that might be creating such a rift in my DCU FICO (EQ, '04) and my Walmart FICO (TU, '08) that could be based on the scoring models?

 

I don't have any negative accounts, all reports essentially show the same info, so consider all things equal except the inquires and scoring models.