Credit Card Center Advertiser Disclosure†
11-09-2007 05:29 PM
11-09-2007 06:44 PM
Superior risk predictionIt looks like this is Experian's attempt to come up with competition for FICO scores.
Until now, lenders have only had two options for effective risk scoring. Use a traditional bureau risk model that falls short in predictability or invest in a more predictive, but much more costly custom model. By using a proprietary development technique that mimics custom model development, Scorex PLUS provides a superior, more cost-effective solution. In multiple market validations with traditional risk models, Scorex PLUS performed better in over 90 percent of the head-to-head comparisons. These results demonstrated Scorex PLUS provided a stronger separation of good and bad accounts and classified more bad accounts into the worst-scoring ranges.
09-14-2012 08:12 AM
I just checked mine... Scorex Plus = 651 Equifax website 667
01-27-2013 10:39 AM
Do you know how to get your own scorex score? They seem to be using this score to be approved for apartment rentals. Since there is an application fee involved with apartment rentals now, I would like to know my own score in order to know whether it is worth applying to some apartments or not.
01-27-2013 10:43 AM
01-27-2013 11:08 AM
Last time I checked, CreditKeeper offers ScoreX Plus in their CMS, and is/was being resold and rebranded by some HSBC-based credit products. I can't speak to apartments, but ScoreX Plus is used by some creditors, but it's uber-rare. Prosper.com is the only one that comes in mind.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† 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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.