Does Cap One use a different scoring model?

[hardworkrebuilding]

I ask this because my wife recently responded to a Cap One Quicksilver offer.  She was approved for 15,000 CL with a 18.24% APR (a little higher compared to her other accounts.  The letter explaining her score when her credit was pulled showed a FICO score of 701 from Experian (range of 325 - 850).

I thought this was odd because her Experian FICO 8 score from both Chase and Amex showed a 753 a little over a week before.  We have had no notice of anything that would negatively affect her score. (And there is no lates, derogatory, or other items expected; everything is paid on time every time.)

Anyhow, a Experian FICO score 50 points lower just days later doesn't maker sense.  It must be a modified scoring model.

Any thoughts, experience, etc. are welcome.

[Anonymous]

I believe they use - Fico 5 mortgage enhanced score, Fico 4, and Fico 3 for their top tier cards.

[Pway]

Yes Capital One has internal scoring that they use as well.

[iv]

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@hardworkrebuilding wrote:

I ask this because my wife recently responded to a Cap One Quicksilver offer.  She was approved for 15,000 CL with a 18.24% APR (a little higher compared to her other accounts.  The letter explaining her score when her credit was pulled showed a FICO score of 701 from Experian (range of 325 - 850).

I thought this was odd because her Experian FICO 8 score from both Chase and Amex showed a 753 a little over a week before.  We have had no notice of anything that would negatively affect her score. (And there is no lates, derogatory, or other items expected; everything is paid on time every time.)

Anyhow, a Experian FICO score 50 points lower just days later doesn't maker sense.  It must be a modified scoring model.

Any thoughts, experience, etc. are welcome.

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The 325-850 range IDs that score as Experian FICO Classic V3.

While that is one of the "less commonly used scores" available here in the 3B report, I don't think it's generally available to end-users anywhere else (except in new account approval/denial letters, anyway).

[hardworkrebuilding]

Thanks for the replies.  I am surprised by the drasticly different score presented from FICO V3, but at least I understand better.  

[Anonymous]

Also worth noting that the free scores offered by issuers is a generic score and the actual model that they use internally will almost always generate a different score than what they're showing you.