jar1154 wrote:
Is there a pattern in differences between FAKO and FICO scores? I didn't realize the scores obtained through my monthly service weren't FICOs. I was using them in some of my inquiries and that may not have helped me.
No, no pattern
that is consistent across the board for the majority of users. (I emphasized that because a very few members do see a bit of consistency.
The FAKO formulas are completely different from the FICO formulas, so there's no reason for the scores to move along in tandem. Obviously, if a brand-new 30-day late hits your reports, both score versions will tank, but for the day-to-day stuff, it's not very predictable.
I've seen FAKO's go up at the same time my FICO's go down, and vice versa. I finally stopped paying attention, because it's those underlying credit reports that are important. They are what create the score.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
