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FICO SCORE VERSIONS

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Anonymous
Not applicable

FICO SCORE VERSIONS

On the left, are these MY fico scores or are they common scores need to be approved for the things they have listed? 

 

Message 1 of 6
5 REPLIES 5
Revelate
Moderator Emeritus

Re: FICO SCORE VERSIONS

Those are the dominant pulls for the FICO Business unit is my understanding; namely, this is what they see lenders pulling for the account type in question.

 

They are the same scores the lenders would see for those different versions; it may not match identically but it's better than anything else we have available as consumers currently.




        
Message 2 of 6
takeshi74
Senior Contributor

Re: FICO SCORE VERSIONS

Those are your scores.  There's a sticky in this subforum with some more information on the different scores.  myFICO can't tell you what score you'd need to be approved -- that's determine by the individual creditors and it's never just a matter of the score itself.

 

Message 3 of 6
Kelsey_H
Former myFICO Employee

Re: FICO SCORE VERSIONS


@Anonymous wrote:

On the left, are these MY fico scores or are they common scores need to be approved for the things they have listed? 

 


In short, yes those are your scores. FICO® Score 3B products offered at myFICO include the 19 FICO Score versions most widely used by lenders -- including prior base FICO® Score versions as well as industry-specific auto and bankcard versions. We provide these scores so that you have a better understanding of your credit picture and so that you can be better prepared for your next loan. You can learn more about FICO Score versions here: http://www.myfico.com/CreditEducation/FICO-Score-Versions.aspx.

Message 4 of 6
Anonymous
Not applicable

Re: FICO SCORE VERSIONS

Why is it that when I get an alert and my score goes up or down, the only one affected is the FICO 8 and the others never move? Are those only updated monthly (those being the mortgage and auto etc.)?

Message 5 of 6
Revelate
Moderator Emeritus

Re: FICO SCORE VERSIONS


@Anonymous wrote:

Why is it that when I get an alert and my score goes up or down, the only one affected is the FICO 8 and the others never move? Are those only updated monthly (those being the mortgage and auto etc.)?


They're only updated when you pull a new report.




        
Message 6 of 6
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