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Difference

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Regular Contributor

Difference

What's the difference between a FICO and FAKO score?
Starting Score : EQ 612 (6-3-13)
Current Score: EQ.707. TU. 734. EX. 687. (10/2014)
Goal Score: 780

Cap1/Discover$300.Nordstrom $500 VS/$750. Loft/$750. Shell Gas card/$800 Cap1/$1k. Best Buy $1500 . CSP/$5k. BOA Rewards/$5k.Amex BCE $6000

Message 1 of 3
2 REPLIES
Frequent Contributor

Re: Difference

Fico score is the score that 90% of lenders use

 

Fako is a term coined for any score that IS NOT fico

 

basically you should only care about your FICO score, and only use any FAKO score for tracking purposes.



Starting FICO Score: 10/1/12--EQ 512 | TU 492 | EX 524
Current FICO Score: 2/22/14--EQ 705 | TU 703 | EX 716
Goal Score: 700+


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Message 2 of 3
Regular Contributor

Re: Difference

Thanks
Starting Score : EQ 612 (6-3-13)
Current Score: EQ.707. TU. 734. EX. 687. (10/2014)
Goal Score: 780

Cap1/Discover$300.Nordstrom $500 VS/$750. Loft/$750. Shell Gas card/$800 Cap1/$1k. Best Buy $1500 . CSP/$5k. BOA Rewards/$5k.Amex BCE $6000

Message 3 of 3