11-02-2013 01:43 PM
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!
11-02-2013 08:33 PM
11-02-2013 09:17 PM
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.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO