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On True Credit if your Fako score goes up or down...

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itzateach
Regular Contributor

On True Credit if your Fako score goes up or down...

does it mean anything at all??? I can't even see any difference in the reports, yet TU went up 6 pts and Exp went down 10 pts?? I know FAKOS are crap but does the trending of the scores have any value?

 

Thanks!

Message Edited by itzateach on 11-03-2008 03:21 PM
Message Edited by itzateach on 11-03-2008 03:46 PM
Message 1 of 7
6 REPLIES 6
Anonymous
Not applicable

Re: On True Credit if your Fako score goes up or down...

 

 

When your FAKO goes up, your FICO will likely go up, down or stay the same.

 

When your FAKO goes down, your FICO will likely go up, down, or stay the same.

Message 2 of 7
marty56
Super Contributor

Re: On True Credit if your Fako score goes up or down...

Trying to predict you FICO score based on a FAKO score will only drive you crazy and cost you some coin if you buy your FICO scores based on your FAKOs.

 

I got burned 2 times that way and thus my sig.

1/25/2021: FICO 850 EQ 848 TU 847 EX
Message 3 of 7
Anonymous
Not applicable

Re: On True Credit if your Fako score goes up or down...

FAKO means nothing.

 

That's all Smiley Wink

Message 4 of 7
Junejer
Moderator Emeritus

Re: On True Credit if your Fako score goes up or down...

Good advice from those above.






Starting Score: 469
Current Score: 846
Goal Score: 850

Take the myFICO Fitness Challenge
Message 5 of 7
llecs
Moderator Emeritus

Re: On True Credit if your Fako score goes up or down...


sidewinder wrote:

 

 

When your FAKO goes up, your FICO will likely go up, down or stay the same.

 

When your FAKO goes down, your FICO will likely go up, down, or stay the same.


 

Smiley Very Happy    +1
Message 6 of 7
marty56
Super Contributor

Re: On True Credit if your Fako score goes up or down...


@Anonymous wrote:

 

 

When your FAKO goes up, your FICO will likely go up, down or stay the same.

 

When your FAKO goes down, your FICO will likely go up, down, or stay the same.


The contents of your wallet will always go down and your blood pressure will go up if you use a FAKO score as the reason for buying a FICO score.

1/25/2021: FICO 850 EQ 848 TU 847 EX
Message 7 of 7
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