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New Member
rollindts
Posts: 6
Registered: ‎08-25-2007

One of Three Fico Scores - Help Please

I am planning on purchasing my first car during late winter/early spring. I have NO credit cards and the only account I have open is a $2000 school loan that is being paid back (years ahead of time).

I am only able to get my equifax score (697) as the school loan only reports to equifax. I am not able to get a fico score from trans union or experian because I have no credit history with them.

Will I be able to get a loan from a BANK (tcf, wells fargo, cap one, etc.) for an auto loan if I only have one of three fico scores?
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: One of Three Fico Scores - Help Please

Ask the bank to report to the other two. You need one TL that is 6 months old to get a score.
New Member
rollindts
Posts: 6
Registered: ‎08-25-2007

Re: One of Three Fico Scores - Help Please

thanks, will i be able to get an auto loan if i only have one fico score?
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: One of Three Fico Scores - Help Please



rollindts wrote:
thanks, will i be able to get an auto loan if i only have one fico score?


Perhaps.. It will depend on the lender.

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
FICO Score - The Score that matters
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