credit sesame question

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4 posts
mdh0910
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credit sesame question

Postby mdh0910 » Wed Nov 20, 2013 12:14 pm

I have bad debt in the past (10+ years ago). In July I applied for a Chase Freedom (I bank with Chase) and was approved, $1000 limit. Following the advice I got in my first post here, I have kept utilization under 20% (ranging from 20% highest reported utilization to 3% lowest over the past 4 months), have paid in full on time each month, etc.

Credit Karma, which I understand to be a "FAKO" score based on TransUnion, is currently 728. Credit Sesame, however, has consistently shown a "Very Poor" credit rating based on not enough information/too thin of a file to generate a credit score. Credit.com is the same thing---no credit profile available.

My question: does this mean that the Freedom is not reporting to Experian (and possibly also Equifax; who knows)? And why does Credit Sesame show my "total debt" to be $62, which was my reported balance from back in September, when it claims to update more frequently than that? Since September, I have had a $72 and a $28 balance report. What gives? I can't find any explanations on their site.

Thanks in advance!


mdh0910
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Joined: Fri Aug 16, 2013 9:22 pm
Location: USA

Postby mdh0910 » Tue Nov 26, 2013 12:35 pm

Bump in hopes of an answer

tvirk888
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Postby tvirk888 » Tue Nov 26, 2013 1:09 pm

Credit sesame takes longer to update.
Amex BCE - $20K (11/2014)
Amex Everyday - $20K (04/2015)
Amex Business Gold - NPSL (09/2013)
Bank Of America Cash Rewards - $5K (11/2014)
Chase Freedom - $11,700 (10/2013)
Chase Sapphire Preferred - $18K (11/2014)
Citi Thank You Preferred - $10K (11/2014)
U.S. Bank Cash+ - $5K (03/2015)
Wells Fargo Platinum Rewards - $4700 (05/2009)

takeshi
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Postby takeshi » Wed Nov 27, 2013 8:22 am

I've found Credit Sesame to excessively lag (.i.e beyond the expected monthly updates) as well. I wouldn't rely on it to determine what's currently on an Experian report and would suggest another CMS that provides the raw report data or pulling the report directly from Experian (same for Equifax).



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