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Different credit scores?

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kd1989
New Member

Different credit scores?

So I have identity protection through my bank and the one thing I can do is check my credit score.  it shows upper 560s on the three.  when I applied for a personal loan and got the turn down letter it said the score they got was almost 100 less than what my score shows me.  the other letter from a different place had the same score that was 100 points lower?  Is this normal?

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2 REPLIES 2
takeshi74
Senior Contributor

Re: Different credit scores?

Yup. Read up on FAKO versus FICO.

 

Message 2 of 3
pizzadude
Credit Mentor

Re: Different credit scores?

Here are some links on the differences between FICO scores and others...

Credit Scoring 101:
http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=29793
The Son Of Credit Scoring 101
http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/The-Son-Of-Credit-Scoring-101/m-p/718550#U718...
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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