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Senior Contributor
yudeology101
Posts: 4,584
Registered: ‎06-21-2012

EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

Hey guys,

 

I've been rebuilding my credit for the past two years, and have been paying $14.99 for EQ score subscription (from equifax.com) & recently started the subscription at EX (experian.com).   Well,  after doing some research and getting advice/tips from the forum here, i came to realize that those scores are FAKO? and that those scores don't really count or matter vs. to getting the scores from here.  I don't want to pay like $50+ every month to monitor my scores from all three (EQ/EX/FICO), so it is wise for me to cancel my membership from EQ/EX? 

JPM Ritz Carlton $8k I UMP Club $8k I CSP $5k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $3.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | TJX $1.55k | +6more
Scores: EQ:660 (FICO 11) EX:686 (FICO N/C) TU:686 (FICO N/C) *6-20-14*
Overall UTIL: 14% *Gardening Since: 5/10/14*
------------------------------------------------------------
Need to stay out of trouble.... Go Heels!!! ... GC Watchlist ( #1 as of 12-12-13)
Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

Most of the services through Equifax.com offer FAKO scores, however there are a couple of services that do offer an EQ FICO only. IIRC, these are the Equifax-version of ScoreWatch and the 3-in-1 w/ 4 EQ FICO scores products. Others like Credit Complete, DebtWise, and a couple of others offer scores but they are FAKOs.

 

There are no FICO scores available on Experian.com. 

 

IMO, use these other CMSs to monitor your credit reports vs. scores.

 

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 (however, stay tuned...it might be available on myFICO once again).

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.

Senior Contributor
yudeology101
Posts: 4,584
Registered: ‎06-21-2012

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

Wow, thank you for the info!  Learned something new again today~

JPM Ritz Carlton $8k I UMP Club $8k I CSP $5k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $3.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | TJX $1.55k | +6more
Scores: EQ:660 (FICO 11) EX:686 (FICO N/C) TU:686 (FICO N/C) *6-20-14*
Overall UTIL: 14% *Gardening Since: 5/10/14*
------------------------------------------------------------
Need to stay out of trouble.... Go Heels!!! ... GC Watchlist ( #1 as of 12-12-13)
Frequent Contributor
tonyjones
Posts: 454
Registered: ‎04-22-2013

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

I have another question how come MyFICO EQ FICO score is different from other EQ FICO SCORE?

 

e.g. 

Equifax (FICO) - 521 - Discover - 4/22/2013, pulled from Discover is different from the score I have on here (myFICO) which is 652


Gardening Since November 2013
  
Frequent Contributor
CreditJunkie917
Posts: 399
Registered: ‎01-08-2013

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

It's possible discover used a different version of EQ. Here they use, if I'm not mistaken, Beacon 5.0...discover may be using a newer version.
Amex Plat.(NPSL) Amex PRG(NPSL), Amex BCE($6K), Amex Hilton($1K), NavCheck ($15K), NFCU CR Siggy($14.4K), USAA Amex($7K), USAA World MC($7K), CSP($5K), Chase Marriott($5K), Care Credit($2.5K), Cap1 QS($3.5K), VS($500), Cap1 Secure($200)
Starting Scores(Jan 2013): FICO EQ: 643, TU: 552, EX: 567
Current Scores(June 15, 2014): FICO EQ: 685, TU: 703, EX: 685
In the Garden FOR-EV-ER!!!!! Cards and goals achieved! Let's grow and mature these babies!!!



Frequent Contributor
tonyjones
Posts: 454
Registered: ‎04-22-2013

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

It's seriously so confusing, everybody uses something different and the scores are off by so much.


Gardening Since November 2013
  
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

[ Edited ]

I am very certain that Discover uses a Bankcard enhanced FICO score.  Do they provide a score range?

Frequent Contributor
tonyjones
Posts: 454
Registered: ‎04-22-2013

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

Is it possible to get the Bankcard enhanced FICO score without a hardpull from Discover?


Gardening Since November 2013
  
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

Frequent Contributor
tonyjones
Posts: 454
Registered: ‎04-22-2013

Re: EQ/ EX Score membership vs. FICO membership (Score Watch & Quarterly Monitoring)?

ok, how many different scoring models are their of EXPERIAN FICO SCORES? The BMW one that was pulled last year seems different from the one pulled recently from American Express


Gardening Since November 2013
  

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