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Fako's

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Anonymous
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Fako's

I have TC monitoring service and sometimes I can't help but to look at the scores.  My reason for bringing that up is because my fico scores are usually 2-3 points different.  I just had a collection acct added to my CBR from an old mbna acct from 04 from allied acceptance and my fako scores which were a 562TU, 541EX, and 563EQ took 20 to 30 point hit on each of them.  Now my Fakos are as follows 534tu, 536ex, and 535eq.  Now when I checked my fico scores and reports shortly after, all of my fico scores were 20-21 pts higher.   Does this mean that my fico scores took 30 pt dive and that they were near 600 or is TC scores full of &%$#?
Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Fako's



tiger20 wrote:
Does this mean that my fico scores took 30 pt dive and that they were near 600 or is TC scores full of &%$#?


The second option. Smiley Happy

 
Message 2 of 5
smoothjk
Contributor

Re: Fako's

My TC FAKO scores are actually really close to my FICO ones now, but everything on these boards leads me to believe it's totally a coincidence.
FICO (06/17/08): TU 691 - EQ 642 - EX 638 - Util 64%
FICO (07/23/08): TU 698 - EQ 653 - EX 644 - Util 50%
FICO (02/04/09): TU 694 - EQ 668 - EX 654 - Util 43%
FICO (05/18/09): TU 687 - EQ 675 - EX n/a - Util 39%
FICO (03/09/10): TU 666 - EQ: 691 - EX 644 - Util 54%
IDGuard (2/8/12): TU 690 - EQ: 710 - EX 710 - Util 72%
FICO (03/13/12): EQ: 696 (87% revolving to limits)
Message 3 of 5
cobra19
Valued Contributor

Re: Fako's

What is means is that TC scores full of &%$#?
New York Yankees - 2009 World Series Champions. 27... and counting.....
Message 4 of 5
LouMinotti
Regular Contributor

Re: Fako's

I have TrueCredit also and my FAKO scores are :TU/674 EQ/643 and EX/647. Sort of in the general range, but I wouldn't shop for credit based on my FAKO scores. The good thing about TC is that the reports are accessible every day and they are spot on accurate.
July 08 FICO TU/683 EQ/629 EX/658
Goal: 700+ by June 09
Freedom is just another word for nothing left to lose.
Message 5 of 5
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