LARGE DISPARITY EQUIFAX SCORES VS. FICO SCORING

[regreto]

FICO SCORE IS ALMOST ONE HUNDRED POINTS BELOW MY EQUIFAX, TRANS UNION, ETC.,

SCORE OF 815...EQUIFAX ONLY 706???  ZERO DEBT EXCEPT PERSONAL HOME MORTGAGE

OF 15% OF HOME VALUE.    REPEATED EMAILS FOR EXPLANATION GET NO RESPONSE

AT ALL FROM FICO.....CREDIT BUREAUS DO RESPOND AND CONFIRM MY TIMELINESS ON

EVERY ACCOUNT....ZERO BALANCES....NEVER LATE IN PAST ON ANY ACCOUNTS.  BUT,

FICO GIVE NO EXPLANATION WHY FICO SCORE IS SO MUCH LOWER THAN CR. BUREAUS'

CAN ANYONE EXPLAIN.....AND DOES ANYONE HAVE SNAIL-MAIL ADDRESS FOR CHAIRMAN

OF FICO?  NO ONE ELSE RESPONDS THERE.

THANKS FOR ANY HELP.

[guiness56]

Hi and welcome to the forums.

The reason the scores are so different is due to the fact that the ones that the CRAs sell you are their scores, not FICO scores, and not ones a lender will use.

They are all calculated differently, putting weight on things that FICO may not.

A FICO score is what 90% of lenders use.  Your EQ score from myFICO is exactly the same one a mortgage lender will use.