The CRA's own scores are not necessarily lower - they're on different scales and they have different items that they score. There isn't a 1-1 correlation, like if Vantage is x, then FICO is x+30 or anything of that nature. They use different data, like, FICO won't penalize you for not having a mortgage while a FAKO might. If it were that simple, we wouldn't have to worry about getting actual FICOs and CMSs would be more valuable, since you could directly calculate your scores.
Jesse30 wrote:I actually used to mortgage companies to see which one would be the best and they both pulled my score directly from each credit bureau site and sent me copies off my reports, this morning I went to each site and the scores are what they told me. I was really hurt by that, because alot of people, and myfico reports that lenders use these fico scores, apparently not, because they are different and much lower.
Starting Score: EQ 583 TU04 619 EX 592 (lender pull) 2010
The *ONLY* CRA that sells a FICO is Equifax. They have it in their own ScoreWatch product, and I don't think they have it in any of their others. The advantage to checking your EQ score is that you'll get the same score here as from EQ's SW as from a lender.