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i new fairly new to the community and I am getting my 1st auto loan. What is the difference between a Fico score ans an auto enhanced Score.
Is one usually higher than the other and if so which one is typically higher?
I'm new here...so this is just my interpretation, however, I believe it to be correct. I don't think that either one is inherently higher or lower than the other. I believe the Auto enhanced score puts more weight on your past handling of you previous auto loans. If you paid them well....Auto enhanced should be higher, if not....it would be lower.
It looks at installment loans. My auto score is always higher then my fico.