Reply
New Contributor
Movin_on_up
Posts: 54
Registered: ‎01-31-2012
0

All the different FICO scoring - Infographic

I found this in the Bucks blog in The Times today and thought it might be of interest here: Infographic of all 49 different FICO scores created by John Ulzheimer and Credit Sesame.

 

http://graphics8.nytimes.com/images/2012/08/24/your-money/bucks-pic-scores/bucks-pic-scores-jumbo-v2...

 

I'm pouring through it now.  Interesting to have all this info presented like this.

 

 

 

 

Here's the original article that it's referenced from:  http://bucks.blogs.nytimes.com/2012/08/27/why-you-have-49-different-fico-scores/

 

 

Moderator
Revelate
Posts: 9,445
Registered: ‎12-30-2011
0

Re: All the different FICO scoring - Infographic

I hadn't realized there was a specific one for a generic installment loan, but I suppose that makes sense.

 

I think there is one error on it: to my knowledge the mortgage-specific industry option wasn't instituted until the FICO '08 release, and as such the listing for EQ's Beacon 5.0 I suspect is off.

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


Take the myFICO Fitness Challenge
Valued Contributor
GregB
Posts: 1,670
Registered: ‎05-24-2007
0

Re: All the different FICO scoring - Infographic

[ Edited ]

Good catch Revelate.

 

I found 3 more errors but I'm a business consultant and know a bunch about this field. Most of it is pretty accurate and a step forward in presenting information that people can understand.

 

What I find amazing are the comments from the general public that follow the main article. I expect the nonsense about we should only have one credit score and the conspiracy theories. Elect specific politicians to "fix" the problem? Fix it by more regulation by the current administration? Seriously?

Ulz
New Visitor
Ulz
Posts: 1
Registered: ‎03-28-2012
0

Re: All the different FICO scoring - Infographic

HI Greg. Could you please do me a favor and identify the 3 errors that you've found in that graphic?  This is John Ulzheimer and I'm the one who created that graphic. I'd like to correct items that are incorrect. I'll confirm with FICO about the Mortgage Industry Option and BEACON from the other comment. Thanks, John


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}