01-26-2013 09:30 AM
I paid for this service "Equifax complete" for one month to see the various scores out there.
My equifax complete has an "Equifax credit score" - in my case 711 which is different from my FICO score on scorewatch (my FICO score is 662- so a big difference from the same CRA- equifax).
The equifax complete score is from 1/15 so more recent than the FICO, or is it the same as the FICO?
Any help appreciated.... thanks!
01-26-2013 09:34 AM - edited 01-26-2013 09:36 AM
No, not the same. The one you got from EQ is not a real FICO score. It is something EQ came up with.
The score from myFICO is the real one.
There is often big differences between FAKO and FICO scores.
01-26-2013 01:05 PM
Just want to Clarify..
While what you purchased from EQ is truly not a FICO score.
You can purchase your EQ Beacon 5 FICO score direct from EQ. You would have to search pretty hard to find the link, as its more profitable for EQ if you purchase their FAKO scores.
Scorewatch is also an EQ product and you can also purchase Scorewatch through EQ directly. EQ Scorewatch is a FICO score.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO