The founder of the nation’s largest issuing CRA for the telecom
industry and the highest FICO and Vantage scoring consumer since the
invention of the computer, David Howe endorses Credit Karma
SAN FRANCISCO–(BUSINESS WIRE)–#Alan–“I’ve been a Credit
Karma member for nearly three years,” confirmed David
founder and the nation’s leading protector of children victimized by
identity fraud. “In addition to the weekly Vantage score updates with
TransUnion and Equifax data, I rely on Credit Karma for credit
monitoring and any important or critical changes to my TransUnion credit
“I’m also recommending Credit Karma because of its use of the Vantage
3.0 model. Along with competing FICO models, I have a significant amount
of professional experience with Vantage 3.0, and I’m constantly
analyzing its performance with payment behavior of telecommunications
customers. This latest model is more consistent for consumers because it
imitates the industry-leading FICO model regarding the promoted, and
familiar, score range of 300 to 850. Before Vantage 3.0, Credit Karma
members would obtain scores with a range of 501 to 990. The unfamiliar
score ranges increased confusion for many consumers.
“FICO’s latest score, FICO Score 9, is more closely aligned to the
Vantage 3.0 used by Credit Karma,” explained Howe. “Both Vantage 3.0 and
the FICO Score 9 treat medical and paid collections differently and more
favorably, particularly compared to older FICO models (https://globenewswire.com/news-release/2014/11/21/685481/10109509/en/FICO-9-SubscriberWise-is-first-in-Nation-to-Integrate-the-New-Score-for-Consumer-Initiated-Underwriting-MCTV-is-first-Communications-Operator-to-Utilize.html).
However, Credit Karma members should understand that the scores their
creditors are using are likely FICO models that continue to weigh unpaid
medical and other unpaid collections more adversely. As an example, Bank
of America and Discover Card each offer its customers a free FICO 8
Score as part of the ‘FICO Score Open Access’.
“Consumers who have only medical collections, for example, would likely
have a lower FICO 8 score compared to the scores generated at Credit
Karma,” continued Howe.
“Today, Credit Karma gets the Credit Czar’s endorsement,” Howe said.
“Among the personalized recommendations, the platform contains
educational resources and other tools that can help consumers boost
their scores and achieve steady progress towards their credit and
“Yes, it’s a great resource for individuals with all levels of credit
and financial understanding,” Howe concluded. “True even for the Credit
Czar and humanity’s highest achieving FICO and Vantage scoring consumer
Turing invented the computer age.”
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SubscriberWise® launched as the first U.S. issuing consumer reporting
agency exclusively for the cable industry in 2006. In 2009,
SubscriberWise and TransUnion announced a joint marketing agreement for
the benefit of America’s independent cable operators. Today
SubscriberWise is a risk management preferred solutions provider for the
National Cable Television Cooperative.
SubscriberWise contributions to the communications industry are
quantified in the billions of dollars annually.
SubscriberWise is a U.S.A. federally registered trademark of the
SubscriberWise Limited Liability Co.
David Howe, 330-880-4848 x137