Reply
New Member
Posts: 4
Registered: ‎07-20-2007
0

Are TU and EX scores FAKO or is something else going on?

I just pulled my free annual credit reports and paid for the scores from all 3 companies (even though I have ScoreWatch from EQ).  The EQ report was exactly what I have on my EQ account (with FICO from 300-850).  However, the TU and EX show scores considerably higher (150-175 points higher) because they are based from 500 - 990.   Is that normal for TU and EX to do that?  Are their scores FICO scores or some other scoring methodology?  Is there any formula to calculate the TU & EX scores using the same method as EQ?
 
TIA.
Established Contributor
Posts: 720
Registered: ‎05-04-2007
0

Re: Are TU and EX scores FAKO or is something else going on?


courthousedoc wrote:
I just pulled my free annual credit reports and paid for the scores from all 3 companies (even though I have ScoreWatch from EQ). The EQ report was exactly what I have on my EQ account (with FICO from 300-850). However, the TU and EX show scores considerably higher (150-175 points higher) because they are based from 500 - 990. Is that normal for TU and EX to do that? Are their scores FICO scores or some other scoring methodology? Is there any formula to calculate the TU & EX scores using the same method as EQ?
TIA.




The scores normally offered on the main Experian and TransUnion websites are called FAKOS (not FICO). FAKOS are proprietary scores that are not generally used by lenders and should be ignored. The only place to get the FICO score for your Experian report is MyFico. You can get the FICO score for your TransUnion report from MyFico or from TU Consumer Solutions at transunioncs dot com (not the main TU site).
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.