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Established Member
Ed_in_NJ
Posts: 48
Registered: ‎01-21-2011

FICO score way higher than FAKO score??

Typically it's the case that the FAKO score is far higher than the FICO score.  My Mom's TransUnion scores are as follows:

 

FAKO (Reported via TrueCredit.com): 663

FICO (Reported via myFICO.com): 712

 

That's a 49 point differnce, in the opposite direction than one would assume.  Anyone seen this before?  Any explanation?

 

Her Equifax is doing the same...

 

FAKO (Reported via equifax.com): 598

FICO (Reported via myFICO.com): 639



Valued Contributor
Datx
Posts: 1,049
Registered: ‎05-20-2010

Re: FICO score way higher than FAKO score??

[ Edited ]

The simple answer to this is that you are comparing fake scores to real scores. That is basically it. It can be higher, it can be lower than your FICO. Doesnt really matter since its not accurate. The scores you get from TC has a score scale from 501 to 990, while the highest score on the FICO model is 850. The only time I pay attention to my FAKO score is when there is a big and noticeable change in it. This is when I really review my CR to see what has changed.

TU: 603 – EQ: 569 – EX: N/A – May 2010

Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: FICO score way higher than FAKO score??

Usually folks' Vantage score is higher due to the scale as pointed out. I'm with you; mine is much lower too historically. Vantage factors in stuff FICO does not and vice-versa. All the more reason to ignore it.

Super Contributor
CS800
Posts: 6,542
Registered: ‎04-07-2008

Re: FICO score way higher than FAKO score??

[ Edited ]

My TU FAKO from Credit Karma is 645 and my TU98 from myfico is 646

 

My EX FAKO Plusscore is 644 so I'm hoping that my EX FICO is close to it once I get it in 1 week.

 

 






New Visitor
ebbystreats
Posts: 1
Registered: ‎04-14-2014

Re: FICO score way higher than FAKO score??

 

Hi everyone I am new to this forum and I am very confused. I am in the beginning stages of trying to apply for a home loan. 

 

My score on here myfico.com is 649

Equifax.com membership says 580

Creditscore.com which I think is powered by Experian says my score is 638

Creditkarma.com which I think is powered by Transunion says my score is 632

 

I want to be sure that my score is atleast a 620 before I actually apply and put the inquiry on my report. But what score is accurate and what score do I trust?

Community Leader
Valued Contributor
myjourney
Posts: 23,505
Registered: ‎02-07-2013

Re: FICO score way higher than FAKO score??


ebbystreats wrote:

 

Hi everyone I am new to this forum and I am very confused. I am in the beginning stages of trying to apply for a home loan. 

 

My score on here myfico.com is 649

Equifax.com membership says 580

Creditscore.com which I think is powered by Experian says my score is 638

Creditkarma.com which I think is powered by Transunion says my score is 632

 

I want to be sure that my score is atleast a 620 before I actually apply and put the inquiry on my report. But what score is accurate and what score do I trust?


Welcome to the forum 

Sorry for the late response 

The only true fico score you got was the EQ from here 580

The rest as we refer to them are FAKO scores=fake

This is the only place to get all 3 real fico scores

"Intelligence plus character--that is the goal of true education"
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Established Member
polno1234
Posts: 121
Registered: ‎03-22-2014

Re: FICO score way higher than FAKO score??

in reality you cant trust any score although the ones that you buy from myfico are imho the best indicator of where you stand. there are atleast 48 versions of fico out there that a lender could pull. and depending on which cra they pull from makes it worse. watch your scores on here, know whats on your credit report, bite the bullet and go have it pulled. fako scores are unreliable do not trust them.

Current MERRICK SECURED-$200 EMBLEM MC-$250 EXPRESS NEXT-unknown waiting for it to get here.
In the garden till 10/9/14
Fico 8 start 02/15/13 488
Current Fico 8 560, EX 645 lender pull 01/03/14
Goal 650 by 02/15/15
Established Member
dreamer2014
Posts: 34
Registered: ‎03-03-2014

Re: FICO score way higher than FAKO score??

I have seen the difference. My fako was in the high 500, very early 600 but when the lender pulled my scores, there was a 30-50 pt difference. I couldn't believe my eyes. So, now I just use my credit monitoring to tell me which direction my scores are going and the account history.

Lender pull 3/7/14
Me: EFX 619, XPN 657, TUC 669
DH: EFX 597,XPN 609, TUC 639
Contributor
Jamex
Posts: 89
Registered: ‎09-17-2013

Re: FICO score way higher than FAKO score??

Thanks for sharing, I'm actually in a similar boat. My TU score here on myFICO is 679, whereas over at Credit Karma (also a TU puller) it's 636.

 

In my more cynical moments I think maybe it's because CK is free, and they might make more money off of me if I think I actually need to buy something from Lexington Law ;-)

 

But really, I think the folks above got it right - fako score providers are always a mixed bag, and there are also enough different versions of legit FICOs that you can never be 100% sure what a lender will actually see. The score on this site, plus your own thorough understanding of what exactly is in your report itself, is your best resource for negotiating with any lender or financial services provider.

Starting score 3/30/13: 570s across the board

As of 3/31/14 (all FICOs): EX 674 | EQ 663 | TU 679
Goal: 700s on all 3 by end of 2014

Wallet: Citi Dividend Platinum Select $2500 | Barclay's Rewards MC $3000
Established Contributor
mongstradamus
Posts: 703
Registered: ‎06-19-2013

Re: FICO score way higher than FAKO score??


Jamex wrote:

Thanks for sharing, I'm actually in a similar boat. My TU score here on myFICO is 679, whereas over at Credit Karma (also a TU puller) it's 636.

 

In my more cynical moments I think maybe it's because CK is free, and they might make more money off of me if I think I actually need to buy something from Lexington Law ;-)

 

But really, I think the folks above got it right - fako score providers are always a mixed bag, and there are also enough different versions of legit FICOs that you can never be 100% sure what a lender will actually see. The score on this site, plus your own thorough understanding of what exactly is in your report itself, is your best resource for negotiating with any lender or financial services provider.


I am another one that has an higher fico score compared to CK fako. I recall reading before the reason the ck score may be lower is because they don't take into account closed accounts that are still on your credit report. I think fico scores take those into account. My scores differ by like 60 points or so . my ck is 743 and my discover/walmart fico is 807. 


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