Reply
New Visitor
wandering
Posts: 1
Registered: ‎07-12-2007
0

fico score

home equity line of credit application resulted in a ficocredit score of 897.
Does anyone know why I would get 47 better than perfect??
Moderator Emeritus
fused
Posts: 16,374
Registered: ‎03-12-2007
0

Re: fico score



wandering wrote:
home equity line of credit application resulted in a ficocredit score of 897.
Does anyone know why I would get 47 better than perfect??


Are you sure this was a FICO score? I suspect it was a FAKO score, probably Vantage Score. Call the lender ask them.
Credit Profile -
FICO 08 Scores (09-16-2014): EQ 824, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1 (Amex 07-15-2014)

Valued Contributor
TheNewWorldMan
Posts: 2,374
Registered: ‎03-15-2007
0

Re: fico score



wandering wrote:
home equity line of credit application resulted in a ficocredit score of 897.
Does anyone know why I would get 47 better than perfect??





The scoring computers had you confused with Bill Gates or George Soros?
- - - -
in a credit-scoring postnuclear Stone Age...
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007
0

Re: fico score

Actually, some of the industry option scores go up to 900.

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
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}