10-30-2011 01:27 AM - edited 10-30-2011 01:27 AM
When I was just signed into my Walmart Credit card, they had an offer to view my FICO score for free. It told me that my score from FICO was 614. However, when I signed up for the MyFico/Transunion $4.95/month plan, it told me my TransUnion score was 597. I thought MyFICO was through Tranunion? Correct me if I'm wrong? Both scores stink either way, but I was just curious.
10-30-2011 10:38 AM
The Walmart score is a FICO score, but we do not know which version it is. There are multiple different FICO algorithms, so it is no surprise that your FICO score differs from the TU-98 version sold here.
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