Lenders using every score BUT Fico 08 version...

[sarahlee7]

It seems lenders are using scores for credit cards that ARE NOT 'most widely used by lenders'.

NASA uses EX FICO 03 - formerly predominantly used for credit card lending

Capital One uses EQ mortgage 04, EX FICO 03, not sure about TU

DCU uses EQ 04 - mortgage score

FIdelity AMEX uses EX FICO 03 - formerly predominantly used for credit card lending

US Bank uses Bankcard 04.

...and please continue to add to the list.  I just know for a fact that these lenders use these scores because of the letters I've received from them.

Why aren't the '08 bankcard or general FICO 08 scores being used....if they are, by whom?

[Anonymous]

Chase uses their own internal scoring (score looked nothing like any of my scores anywhere)

Amex uses fico 8

Barclays uses fico 8

[sarahlee7]

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@Anonymous wrote:

Chase uses their own internal scoring (score looked nothing like any of my scores anywhere)

Amex uses fico 8

Barclays uses fico 8

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I was denied by AMEX for CLI a month or so ago...they used the EX 03 score as was shown in the letter they sent me.  And the single reason for denial....'score too low'.

It is/was 47 pts lower than my EX 08 and 60 pts lower than my EX 08 Bankcard score.

I think lenders pull random scores/models.

[EW800]

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@sarahlee7 wrote:

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I was denied by AMEX for CLI a month or so ago...they used the EX 03 score as was shown in the letter they sent me.  And the single reason for denial....'score too low'.

It is/was 39 pts lower than my EX 08 and 52 pts lower than my EX 08 Bankcard score.

I think lenders pull random scores/models.

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EX 03 tends to be my lowest Bankcard Enhanced score as well, by a fair margin.  In my case, just in the group of EX Bankcard Enhanced family I look like this:

EX Bankcard 2 - 738

EX Bankcard 3 - 712

EX Bankcard 8 - 742

My Util is extremely low, however I have a CC settlement from close to three years ago.  I suspect that the Score 3 model is much less forgiving of this than the other versions are.  As a comparison, my TU Bankcard 8 score is 754.

[sarahlee7]

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@EW800 wrote:

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@sarahlee7 wrote:

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I was denied by AMEX for CLI a month or so ago...they used the EX 03 score as was shown in the letter they sent me.  And the single reason for denial....'score too low'.

It is/was 39 pts lower than my EX 08 and 52 pts lower than my EX 08 Bankcard score.

I think lenders pull random scores/models.

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EX 03 tends to be my lowest Bankcard Enhanced score as well, by a fair margin.  In my case, just in the group of EX Bankcard Enhanced family I look like this:

EX Bankcard 2 - 738

EX Bankcard 3 - 712

EX Bankcard 8 - 742

My Util is extremely low, however I have a CC settlement from close to three years ago.  I suspect that the Score 3 model is much less forgiving of this than the other versions are.  As a comparison, my TU Bankcard 8 score is 754.

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Yup, here's mine....I didn't realize the EX bank 2 score.. WOWZA....100 pt difference. 

My EX is clean....only 2 yr AAoA though.

EX Bankcard 2 - 629

Ex Bankcard 3 - 670

EX Bankcard 8 - 730

EX FICO 8 - 717