Reply
Regular Contributor
Posts: 137
Registered: ‎10-12-2012
0

29 points discrepancy between myFICO TU and GE pulled TU

Guys,

 

I just received a denial letetr from GECRB in which it lists my TU score of 679 pulled on November 19, 2012.

 

I remember I pulled myFICO TU on this same date (I checked checked myFICO account to confirm the report & score date) and the score was 650. I was a bit disappointed but I decided to call GE anway immediately to ask for a CLI on my Paypal SmartConnect. Got approved from $900 to $2000. The rep asked me "what else can I do for you", so I tested my luck and asked for double the granted amount which obviously got denied, hence the letter I got today.

 

Question: why 29 points difference from the same CRA, pulled almost at the same time?

FICO Scores 8: EX 731, EQ 731, TU 725

Credit Cards: Chase Freedom 9.5K | AMEX TrueEarnings 4.5K | Cap1 Venture Visa 3.5K | Cap1 QS MC 3.5K | Discover IT 1K | Cap1 Spark Cash 15K | AMEX SimplyCash 9K

Store: PayPal SmartConnect 10K | JCP 5.2K | Banana 3.3K | Walmart 4.5K | Kohls 1.5K | TargetRED 200
Frequent Contributor
Posts: 385
Registered: ‎02-06-2009
0

Re: 29 points discrepancy between myFICO TU and GE pulled TU

Probably a combination of two factors.

1. Different scoring models. myFICO uses TU98 model, most lenders use TU04.

2. Different variant of scoring model, ie auto-enhanced, insurance-enhanced, credit card-enhanced


11/02/2012 Peak - EQ 790 (ScoreWatch EQ FICO)
01/06/2015 Current - TU 831 (Walmart MasterCard TU FICO 08 Classic)
GOAL - 800! - App free since 05/18/2015
Established Contributor
Posts: 2,112
Registered: ‎09-25-2011
0

Re: 29 points discrepancy between myFICO TU and GE pulled TU


brother7 wrote:

Probably a combination of two factors.

1. Different scoring models. myFICO uses TU98 model, most lenders use TU04.

2. Different variant of scoring model, ie auto-enhanced, insurance-enhanced, credit card-enhanced


^ This 

 

besides myfico = TU98

GECRB = TU08   

Mortgages/Car loans = TU04 no way to buy or have access to TU04 without apping to my knowledge


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.