New Visitor
Posts: 1
Registered: ‎08-21-2007

Classic FICO v. FICO and others

How can I show a client the difference between Classic FICO and others.  They pulled their own scores and said they were over 900, obvioulsy not Classic FICO.  Their middle score from the lender was 691, had a recent 30 day late on a credit card, that pulled down from a 724.
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007

Re: Classic FICO v. FICO and others

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.

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