Equifax.com scoring model

[Anonymous]

Does equifax use their own (proprietary) scoring model? my current FICO IS 780 (averge for 3 bureaus) and vantage 3.0 is 760.  i needed my equifax report so i just signed up for the $1 free trial to get my scores too. they were all showing just under 700. Why such a discrepency? I am now understanding that the equifax scoring model is just an educational score but my heart skipped a few beats when i saw the drastically lower scores. 

[Revelate]

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@Anonymous wrote:

Does equifax use their own (proprietary) scoring model? my current FICO IS 780 (averge for 3 bureaus) and vantage 3.0 is 760.  i needed my equifax report so i just signed up for the $1 free trial to get my scores too. they were all showing just under 700. Why such a discrepency? I am now understanding that the equifax scoring model is just an educational score but my heart skipped a few beats when i saw the drastically lower scores. 

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There's two different scores: if you signed up for Scorewatch or Scorepower it is EQ Beacon 5.0 (EQ FICO 5 here); if you did anything else it's proprietary.

Basically look for the FICO label on it.

[Anonymous]

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@Anonymous wrote:

Does equifax use their own (proprietary) scoring model? my current FICO IS 780 (averge for 3 bureaus) and vantage 3.0 is 760.  i needed my equifax report so i just signed up for the $1 free trial to get my scores too. they were all showing just under 700. Why such a discrepency? I am now understanding that the equifax scoring model is just an educational score but my heart skipped a few beats when i saw the drastically lower scores. 

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The Equifax premier monitoring service is Equifax own proprietary score. It's not a FICO or Vantage version.

[Anonymous]

Sticking with the vantagescore 3.0 (from the freebie sites) and the FICO 8 from my lenders should be good and accurate. Any other FAKO/propietary scores i think i am going to ignore. Would you all agree that is a good way to go? I have access to all 3 vantagescore 3.0 and FICO 8 Scores. 

[Anonymous]

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@Anonymous wrote:

Sticking with the vantagescore 3.0 (from the freebie sites) and the FICO 8 from my lenders should be good and accurate. Any other FAKO/propietary scores i think i am going to ignore. Would you all agree that is a good way to go? I have access to all 3 vantagescore 3.0 and FICO 8 Scores. 

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Many credit unions use mortgage scores. My experience has been EQ FICO 5 and EX FICO 2.