New myfico Fico Score?? What Gives?

[One7]

So for the last few weeks my EQ score from score watch has been hovering around 730, and as of 6/8 it was 731. Well today (6/10) I got a complimentary report (which is a first for me) from here saying I got a new report, when I opened it I was surprised to see my score drop from 731 to 699!!!!! After reviewing the reports absolutely nothing has changed, nothing at all in the last month for that matter. So why or how did my score drop so much? Any help would be much appreciated because this makes no sense to me. Super irritated. My TU and EX scores have gone up a couple points but my EQ dropped 32 pts. Is this a mistake?

[One7]

I understand theres a new fico scoring model they are using now, but why is the score so much different?

[user5387]

The EQ and TU scoring models have changed recently, like this:

   EQ 04 -> EQ 08

   TU 98 -> TU 08

Details of changes can be found here:

   http://www.myfico.com/crediteducation/questions/fico8.aspx

There are many ways to take the data on a credit report and turn it into a number, and thus the reality is that you have many credit scores simultaneously.

Lenders often use scoring models that are proprietary or otherwise unavailable to consumers, and thus scores should be used as indicators and not as a single precise statement of your credit standing.

[HiLine]

Reading this thread may help: http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/What-the-score-quot-upgrade-quot-means-to...

[One7]

Pretty much score watch is useless to me, I have access to this score through other sites, one being a daily puller. No need to pay for something I already have.  Pretty disappointed with this, but at least I'll have an extra 16$ in my pocket every month. Thanks for the help

[Revelate]

---

@One7 wrote:

Pretty much score watch is useless to me, I have access to this score through other sites, one being a daily puller. No need to pay for something I already have.  Pretty disappointed with this, but at least I'll have an extra 16$ in my pocket every month. Thanks for the help

---

Not to argue on the validity of SW, but where do you have a daily puller with a FICO 8 Equifax score?  That doesn't exist to my knowledge.

[One7]

---

@Revelate wrote:

---

@One7 wrote:

Pretty much score watch is useless to me, I have access to this score through other sites, one being a daily puller. No need to pay for something I already have.  Pretty disappointed with this, but at least I'll have an extra 16$ in my pocket every month. Thanks for the help

---

Not to argue on the validity of SW, but where do you have a daily puller with a FICO 8 Equifax score?  That doesn't exist to my knowledge.

---

Sorry I kind of worded that wrong. I meant I have access to my FICO 8 score but I also have a access to my equifax CR on a daily basis with equifax.com, I can pull my report there daily if needed. Instead of paying so much per month with score watch just for 2 CRs I can have unlimited CRs for just about the same price. Seeing how now the score doesn't help me with trying to get a mortgage there's no need for me to have score watch any more