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Member
Posts: 7
Registered: ‎02-04-2017
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Re: FICO vs. FAKO – Share your FAKO stories

Having the same issue. Dont know what to believe. All i know is i got denied from art van cause my score was at 554 but that's not what my fico score say it's at 624. So some one is lying. Btw that 554 score is a vantage score
Visitor
Posts: 2
Registered: ‎02-19-2017
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Re: FICO vs. FAKO – Share your FAKO stories

[ Edited ]

Hi I am very new here. So I am confused about FICO vs. FAKO.

 

Credit Karma: TU 611; EQ 612

Experian.com: EX 633

Equifax.com: EQ 499; EX 482; TU 499

MyFICO: FICO 8 EX 633; TU 614; EQ 617

 

I have MyFICO 3B package so I see all kinds of scores. The ranges are: TU 566-641; EX 512-633; EQ 563-639

 

I do not understand why the Equifax.com scores are so low. My credit is bad but not that bad.

 

The last time I saw a real score was Sept. 2016 when I got a new car and my score was in the 560s. I don't remember which bureau. My CK scores at the time were slightly lower than what the car dealer pulled.

 

I know my scores have gone up since then with all on time payments and lowering balances on cards.

Contributor
Posts: 116
Registered: ‎02-28-2017
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Re: FICO vs. FAKO – Share your FAKO stories

I was talking to my dad the other day about credit scores as I am in the process of trying to repair mine from mistakes that I have made.

 

He informed me that according to Credit Karma his scores were in the mid 500s. I could not believe this when he told me. My parents have had $250k in available credit for 20 years with low balances, installment loans for 20 years, and mortgages for as long as I can remember. I asked him what could be negating his account so much and he informed me that he had 1 collection that was wrongfully reporting to his account.

 

Still curious, I talked him into registering on myFICO and purchasing the credit monitoring software that they sell. Once he logged in, his scored popped up and they were mid 700s across the board. I have no idea why his scores were so low on Credit Karma, but that goes to show how truely innacurate they can be. He was happy to know that he had good scores.

 

My only wish is that I could log into myFICO and have mid 700 scores show up. Just gotta keep running this marathon!


Starting Scores: EQ [ 525 ] TU [ 567 ] EX [ 565 ] - 02/17
Current Scores: EQ [ 573 ] TU [ 587 ] EX [ 596 ] - 03/17
Visitor
Posts: 2
Registered: ‎02-19-2017
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Re: FICO vs. FAKO – Share your FAKO stories

It will happen sooner than you think jlh1580

 

When I posted on Feb 19, my scores were MyFICO: FICO 8 EX 633; TU 614; EQ 617

 

Now as of today they are FICO 8 EX 650; TU 625; EQ 642

 

As long as I keep paying down and on time, they might get to high 600s in a few months, maybe in the 700s next year. Maybe even faster. I am sending out some goodwill letters to try and get some lates removed and a chargeoff removed that I paid in full.

 

I would like to be "gardening" and have no new inquiries but I had to get a new car and I am in law school so I get a hard inquiry every semester for student loans.

Contributor
Posts: 116
Registered: ‎02-28-2017
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Re: FICO vs. FAKO – Share your FAKO stories


lachickforever wrote:

It will happen sooner than you think jlh1580

 

When I posted on Feb 19, my scores were MyFICO: FICO 8 EX 633; TU 614; EQ 617

 

Now as of today they are FICO 8 EX 650; TU 625; EQ 642

 

As long as I keep paying down and on time, they might get to high 600s in a few months, maybe in the 700s next year. Maybe even faster. I am sending out some goodwill letters to try and get some lates removed and a chargeoff removed that I paid in full.

 

I would like to be "gardening" and have no new inquiries but I had to get a new car and I am in law school so I get a hard inquiry every semester for student loans.


I can only hope so. I am working hard on it. Capital One is reporting many lates on my account and a woman called me this morning from their executive office to talk about it so I am hoping for a deletion of my lates from them. That's my good news of the day, so far.


Starting Scores: EQ [ 525 ] TU [ 567 ] EX [ 565 ] - 02/17
Current Scores: EQ [ 573 ] TU [ 587 ] EX [ 596 ] - 03/17

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