04-23-2011 05:35 PM
OP, myFICO isn't owned by any of the big three (Experian, Equifax, or TransUnion). FICO works with all 3, in conjunction with lenders, but FICO doesn't own or is owned by any CRA. Maybe this is a bad analogy, but it's just like tires and cars. Goodyear doesn't own or is owned by any car manufacturer, they just do business together.
In fact, FICO competes with the three CRAs. The three CRAs sell their own score which you discovered. If you bought a three-in-one service via Equifax, then you don't have a FICO score. They gave you a rip-off score, in my opinion, that tries to compete with FICO. That's why your scores didn't match with your lenders.
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