Reply
K-1
New Visitor
Posts: 3
Registered: ‎03-23-2007
0

Calculating My FICO Score?

Is any of the three equations for calculating my FICO score in the public domain? If yes - what is the equation or where can I find it?

Regular Contributor
Posts: 252
Registered: ‎03-16-2007
0

I'm not sure the average person could understand it even...

I'm not sure the average person could understand it even if it were in the public domain. I don't know the FICO score is calculated, but any time you get into an equation that involves the change of something over time, it's calculus.
Moderator Emeritus
Posts: 5,436
Registered: ‎03-10-2007
0

Fico does not make the calculations for the score avail t...

[ Edited ]
Fico does not make the calculations for the score avail to the public.  It prevents people from trying to skew their scores.  If you look at the factors that go into the score and manage your debt accordingly, you should be alright.
 
Say someone like me, with a criminal mind, had the exact scoring for FICO.  I skewed my scores to get say 60k in revolving credit with the sole intent of reaching a certain level only to max out and abscond.  When you do it the old fashion way it takes so long to get those types of score that you're too old to remember your original plan by the time you hit those 'certain limits'.


Message Edited by Brammy on 03-23-2007 10:51 PM
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.