07-07-2013 10:52 AM
Over a year ago I remember getting a message for a denial from Penfed sating my score was 846 on a range of 150-950
I know it's EQ. Is it an internal version of their EQ? Risk Score?
07-07-2013 05:06 PM
PenFed uses a Pinnacle 2.0 scoring model by Equifax, same as Alliant credit union, this formula was designed to help lenders have an understanding of what risk the customer may have defaulting on a loan with in the next 24 months.