Understanding FICO® Scoring

[angieb7]

I just ed signed up for myfico under the trial plan. I am also a member of Equifax Premier. According to Equifax (2) accounts have been deleted, but when my fico my Equifax score and credit reports the accounts still show up. I am really confused. I have the actual equifax report in front of me. My question is which one is correct? BTW those accounts still appear on TU and Exp, which is being disputed. However on myfico I was looking at the Equifax report.
My 2nd question is I went ahead and paid for my TU score through myfico, how accurate are these scores and how quick does myfico update after a deletion. Thanks

[angieb7]

OK I figured out the discrepancies between the 2 reports, but I stii need answers to the other questions. Thanks

[pizzadude]

Welcome to the forums !

To answer your question about MyFICO updates ~ any report/score pulled from MyFICO reflects what is on the credit report at the time that the report is pulled.   So if items have been deleted from Transunion for example, any subsequent reports would reflect that the items are no longer showing.

The TU score sold here at MyFICO is FICO98, which is an older version of the FICO scoring model.   Mortgage lenders almost exclusively use FICO04.   The most current score version is FICO08 but it has not been adopted widely.     There are still lenders that pull TU98 FICO scores, like Navy Federal Credit Union for example.

[angieb7]

Thank you for the response! I swear this is so exhausting.