I just apped for a Chase Freedom and it gave me a score based called Application Score with Chase Bank as its source. The range of the score is 100 to 990. My initial feeling is that it's a Vantage score, but it really looks to a proprietary model to me. It's also somewhat close to my Equifax FICO. Can anyone shed some light on the matter?
Starting Score: EQ: 703 (4/2011);
drkaje wrote:
dp321 wrote:Good to know. Really starting to think FICOs from here are becoming obsolete or with the usefulness of FAKO scores.
I'm a little surprised lenders aren't trading information and using a scoring system consumers can't artificially influence.
There aren't nearly that many people as you might think that are aware of the ins and outs discussed on here. And most of them are fairly obvious. No matter what scoring system is used, I'm pretty sure paying your bills on time and keeping your balances low is going to help you improve your score. And if you have negative items on your CR, doing whatever you can to remove them, e.g. PFD, GW, is going to help.
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