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Member
Posts: 9
Registered: ‎12-09-2009
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Is Myfico an auto or home score?

I went to a Toyota dealer today to lease a car, and told him my Experian score of 677.  He asked if that was for an auto or home.  Are the scores you buy from myfico.com for auto or home?  Thanks!

Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: Is Myfico an auto or home score?

Consumers cannot purchase auto loans. Likewise, when shopping for a mortgage the TU score will be 04 again something you cannot purchase.

MyFICO offers TU98, there's an updated version called TU08 but neither of these are auto enhanced scores.
Frequent Contributor
Posts: 371
Registered: ‎09-17-2012
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Re: Is Myfico an auto or home score?

There are many different version FICOs: 49 in total.

There are different model years: 98, NextGen, 04, and 08

There are different model types: Classic, Bankcard Enhanced, Auto Enhanced, Mortgage, Personal FInance, and Installment Loan

There are different reporting agencies: Equifax, Experian, and TransUnion.

 

If you got your Experian score from MyFico, then it is FICO 08 Classic score which is neither Auto Enhanced nor mortgage.

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