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Member
sparkle1908
Posts: 9
Registered: ‎07-04-2013

FICO Scores

Hello...I signed up to get the Equifax FICO Score for the trial period (will keep afterwards)...I noticed that Experian is now available....should I get both? I know there can be some differences between the bureaus but if I improve Equifax, shouldn't the other two go up as well? Which credit bureau is the "one" that I need to worry about the most with lenders?


Starting Score: EX:531 EQ:591 TU:614
Current Score: EX:531 EQ:591 TU:614
Goal Score: 650 across the board short term

Take the myFICO Fitness Challenge
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008

Re: FICO Scores

EQ is the one you can purchase on myFICO that most lenders use.  The other 2, though used by some are not as widely used.

 

Just because one FICO goes up doesn't necessarily mean the others will also.  Each CRA has their own scoring criteria even with a FICO score.  Your reports could be exactly the same and all three scores will be different due to the differences in scoring across the CRAs.

Member
sparkle1908
Posts: 9
Registered: ‎07-04-2013

Re: FICO Scores

Thank you for the info!!!  That helps me a lot!!!!:smileyhappy:


Starting Score: EX:531 EQ:591 TU:614
Current Score: EX:531 EQ:591 TU:614
Goal Score: 650 across the board short term

Take the myFICO Fitness Challenge

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

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