No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
@deadbishop wrote:
Indiolatino61 I think your wrong..myfico uses tu98 and eq beacon 5.0
Walmart uses tu08
Most mortgage lenders use tu04 eq beacon5.0 and ex 04 version 2
Ok...I stand corrected, thanks. However, since that is the case, myFICO's TU98 would be as useless as Walmart's TU08, at least for mortgage hunters, correct?
@indiolatino61 wrote:
@deadbishop wrote:
Indiolatino61 I think your wrong..myfico uses tu98 and eq beacon 5.0
Walmart uses tu08
Most mortgage lenders use tu04 eq beacon5.0 and ex 04 version 2Ok...I stand corrected, thanks. However, since that is the case, myFICO's TU98 would be as useless as Walmart's TU08, at least for mortgage hunters, correct?
correct.
A couple of interesting purported changes in Fico 08
- Less weight given to authorized user accounts. Piggybacking on other's accounts as AU will not be as beneficial.
- Single serious deliquency (90+ late) will not hurt as much if you have many other account with clean payment history.
my TU FICO is way better on here than on creditkarma...
CK says its like 668 and my TU FICO on MyFICO is 730...
@liesierre wrote:my TU FICO is way better on here than on creditkarma...
CK says its like 668 and my TU FICO on MyFICO is 730...
Unfortunately, you are comparing two score that don't matter. TU Score in myFICO is rarely used by lenders and FAKO from CK is never used by the lenders.