Credit Cards Center Credit cards from our partners
Reply
Valued Contributor
Posts: 1,180
Registered: ‎05-17-2010
0

Re: WHAT IS THE FICO SCORE OF 720 REALLY MEANS TO THE LENDER?


astritaho1979 wrote:

dodgeball wrote:

this tread is awesome! As I have eluded to the average score is really in the 680's not in the 700's like fico claims. there is only one state where credit scores average over 710. The law of averages do not support Fico's claims.


i believe the score average also vary from zip code as well.So i guess u need to focus on the zip code average.My zip code average score is 744 in northern illinois


Where does one find their ZIP code average score? 

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818
Frequent Contributor
Posts: 451
Registered: ‎10-02-2011
0

Re: WHAT IS THE FICO SCORE OF 720 REALLY MEANS TO THE LENDER?


visorboy1974 wrote:

astritaho1979 wrote:

dodgeball wrote:

this tread is awesome! As I have eluded to the average score is really in the 680's not in the 700's like fico claims. there is only one state where credit scores average over 710. The law of averages do not support Fico's claims.


i believe the score average also vary from zip code as well.So i guess u need to focus on the zip code average.My zip code average score is 744 in northern illinois


Where does one find their ZIP code average score? 


If you have a membership with equifax.com you will see your zip code and the average score for that zip code


COMMERCE BANK PLATINIUM VISA 20K*PAYPAL MC $9.5K*CITI FORWARD $8.5K*PENFED $6,5K*
*LOWES $6K *CMN BANK $5.2K-*PNC $5K*SCLUB DISC. $5K*
WMART DISC.4K*CMN BANK 3.75K*BANK OF AMERICA $3K* MACYS $2.2K*
JCP $1.8*TARGET $0.7K* UTL1%- AAOA 5.5- TOTAL 12 yrs History/
Transunion 718 Equifax 733- Experian 736
Valued Contributor
Posts: 1,180
Registered: ‎05-17-2010
0

Re: WHAT IS THE FICO SCORE OF 720 REALLY MEANS TO THE LENDER?


astritaho1979 wrote:

visorboy1974 wrote:

astritaho1979 wrote:

dodgeball wrote:

this tread is awesome! As I have eluded to the average score is really in the 680's not in the 700's like fico claims. there is only one state where credit scores average over 710. The law of averages do not support Fico's claims.


i believe the score average also vary from zip code as well.So i guess u need to focus on the zip code average.My zip code average score is 744 in northern illinois


Where does one find their ZIP code average score? 


If you have a membership with equifax.com you will see your zip code and the average score for that zip code


I do.  That score is an EQ score...it's not a FICO.

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818
Highlighted
Frequent Contributor
Posts: 451
Registered: ‎10-02-2011
0

Re: WHAT IS THE FICO SCORE OF 720 REALLY MEANS TO THE LENDER?


visorboy1974 wrote:

astritaho1979 wrote:

visorboy1974 wrote:

astritaho1979 wrote:

dodgeball wrote:

this tread is awesome! As I have eluded to the average score is really in the 680's not in the 700's like fico claims. there is only one state where credit scores average over 710. The law of averages do not support Fico's claims.


i believe the score average also vary from zip code as well.So i guess u need to focus on the zip code average.My zip code average score is 744 in northern illinois


Where does one find their ZIP code average score? 


If you have a membership with equifax.com you will see your zip code and the average score for that zip code


I do.  That score is an EQ score...it's not a FICO.


Its not bu it will show you how is the averages on that zip code.


COMMERCE BANK PLATINIUM VISA 20K*PAYPAL MC $9.5K*CITI FORWARD $8.5K*PENFED $6,5K*
*LOWES $6K *CMN BANK $5.2K-*PNC $5K*SCLUB DISC. $5K*
WMART DISC.4K*CMN BANK 3.75K*BANK OF AMERICA $3K* MACYS $2.2K*
JCP $1.8*TARGET $0.7K* UTL1%- AAOA 5.5- TOTAL 12 yrs History/
Transunion 718 Equifax 733- Experian 736
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.