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FAKO or FICO

tag
Anonymous
Not applicable

FAKO or FICO

What score does credit card companies use to determine if credit will be granted, FICO or FAKO's from like TC.COM?
 
Thanks.
 
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1 REPLY 1
haulingthescoreup
Moderator Emerita

Re: FAKO or FICO

FICO

Many use an enhanced FICO-based score tweaked for CCC's called PFICO. It gives greater weight to credit card-associated history, util etc in your basic FICO. I think it's WaMu customers who get a free PFICO monthly.

The PFICO can be very similar to, or much higher or lower than the classic FICO.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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