Understanding FICO® Scoring

[zerobacan]

I have CreditXpert® Scores1  Through Wells Fargo credit protection

What are the difference between FICO?

Thanks

im decising wich one use for my C Score

[JM-AM]

Credit Expert is not a FICO score.

You can use the reports for monitoring your credit reports, but the scores are pretty much useless.

[zerobacan]

---

JM-AM wrote:

Credit Expert is not a FICO score.

You can use the reports for monitoring your credit reports, but the scores are pretty much useless.

---

is the Wells Fargo a FAKO?

[JM-AM]

I am confused what you are asking now.

Credit Expert purchased through Wells Fargo is a FAKO score.

Since Im in the mortgage industry I see many people come in and argue their scores according to the FAKO scores they pull. Its always the argument that they got them from Bank so and so. Now there are some Banks and Credit Unions that do offer FICO scores and the score will say FICO score.

There is a sticky in this forum, that gives you plenty of usefull information on CMS (credit monitoring services), the cost at the time of posting, what type of scores they give you, how many times you can obtain your scores, etc etc...

[zerobacan]

---

JM-AM wrote:

I am confused what you are asking now.

Credit Expert purchased through Wells Fargo is a FAKO score.

Since Im in the mortgage industry I see many people come in and argue their scores according to the FAKO scores they pull. Its always the argument that they got them from Bank so and so. Now there are some Banks and Credit Unions that do offer FICO scores and the score will say FICO score.

There is a sticky in this forum, that gives you plenty of usefull information on CMS (credit monitoring services), the cost at the time of posting, what type of scores they give you, how many times you can obtain your scores, etc etc...

---

I see that post but I did not see a reference to the wells fargo one.

Thanks

I ll stay with myFICO, Thanks!

[llecs]

You're limited on the places to get your FICO score.

You can only buy your EQ FICO from myFICO, your lender, or from Equifax.com (buyer beware: the scores they push are a FAKO, but your EQ FICO can be purchased through EQ).

You can only buy your TU FICO from myFICO or your lender.

Finally, you can only buy your EX FICO from your lender. As of a few years ago, Experian blocked consumer access to your own EX FICO.

Aside from the above, you can also get your FICO scores for free or at a reduced price. Banks and CUs will offer it as a benefit. M&T Bank, Unitus Community Credit Union, and Digital Credit Union each offer an EQ FICO. You can get your TU FICO from Wal-Mart or Merrick Bank if you have CCs with them. And you can get your EX FICO from PA State Employees Credit Union (PSECU) if you have a checking account with them. There are other CUs out there that will offer a FICO if you ask them as part of a benefit for being a member.