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FAKO vs FICO

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Anonymous
Not applicable

FAKO vs FICO

I'm confused!  I was tracking my score on Truecredit.  Just out of curiosity I checked out MyFico to discover it is lower than the score on Truecredit.  Then from the research on MyFico I am finding out Truecredit is FAKO and most creditors use FICO.  Then why the heck do we have FAKO?  What is the purpose to track it?  I'm really upset.  I want to buy a house and I'm looking at FAKO (which is higher than FICO by 30 points!) and now I think I should track FICO. 

Is this common knowledge?  Am I the only person that didn't know there was a difference?  Help me!!!


Message Edited by IUGal on 09-23-2007 11:35 AM
Message 1 of 2
1 REPLY 1
MidnightVoice
Super Contributor

Re: FAKO vs FICO

See:
 
 
for FICO/FAKO
 
 
for monitoring and why it is a good idea and how to do it
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Message 2 of 2
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