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Accuracy of myfico scores?

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tshope4205
Valued Member

Accuracy of myfico scores?

So, I had a lender pull scores on 10/30/12 - and my scores were as follows:

  • EQ 534
  • EXP 573
  • TU 609

I pulled MyFico the same day and it gave me the 534 score - which I was impressed with (since my previous credit monitoring service was WAY off on that score).  I have been working feverishly to get scores up ASAP, and received a score update from my Fico today that I am now at a 614.  My question is - should I feel confident that it's the same score a lender (mortgage) would also show for my EQ score if it was pulled today? 


Starting Score: 534 (10.30.12)
Current Score: 649 (12.9.12)
Goal Score: 700


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Message 1 of 5
4 REPLIES 4
annielorie
Valued Contributor

Re: Accuracy of myfico scores?

If they are using the same model yes 


Starting Score: 0
Current Score: TR??FICOEQ ?? FICO
Goal Score: 760

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Message 2 of 5
llecs
Moderator Emeritus

Re: Accuracy of myfico scores?

Ditto, virtually all mortgage lenders use the same EQ FICO version, Beacon 5.0. That means you are up 80. Congrats!

Message 3 of 5
NY_Beauty
Regular Contributor

Re: Accuracy of myfico scores?

Yes!  When the same thing happened to me I told the lender and she said "I don't think so..." I encouraged her to check and when she did she pulled the same score!  Whoo hoo!

Amex Green Amex Gold Delta Rewards Discover IT CU Rewards Visa Closed on my new home 5/2013!

Message 4 of 5
tshope4205
Valued Member

Re: Accuracy of myfico scores?

Woo-hoo!!  Thanks everybody!


Starting Score: 534 (10.30.12)
Current Score: 649 (12.9.12)
Goal Score: 700


Take the FICO Fitness Challenge
Message 5 of 5
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