05-24-2007 08:36 AM
05-24-2007 09:06 AM
MidnightVoice wrote:This is not in Credit Scoring 101!!I recently was aproved for a new mortgage (didn't move, didn't need it). But it gave me all 3 of my credit scores, which were pretty much where I expected.EqufaxBeaconExperianFairIsaacTransunionEmpiricaSo far, so good. BUT - below the scores it said:Here is the range of credit scores for the credit scoring companies above: Experian Fair Isaac 375 to 900; Beacon - 350-950; Empirica - 300-850.I thought that "FICO (Aka Classic or BEACON FICO) scores can range from 300 to 850" (from Credit Scoring 101) for a start.And are the others FICO or FAKO?And whichever they are, they are the scores my mortgage company is using.So I am really dazed and confused.
05-24-2007 09:09 AM
Tuscani wrote:These are your true FICOs. The ranges listed are incorrect though. Also, don't let the BEACON, EMPIRICA, ect. confuse you.
05-24-2007 09:15 AM
Yes you should... JK.
MidnightVoice wrote:Tuscani wrote:These are your true FICOs. The ranges listed are incorrect though. Also, don't let the BEACON, EMPIRICA, ect. confuse you.Thank you - again. I would rate your post a 5, but....
It was the ranges that threw me. All the rest seemed correct. But when I called the Mortgage Company they could not explain it. Should I call them and tell them some guy on a message board knows more than they do?