Understanding FICO® Scoring

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keneyone
Posts: 20
Registered: ‎04-18-2007

why my three scores are way different from my highest score?

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‎04-30-2007 11:56 AM

MY scores..TU= 723-----> mailed from TU.
                    EQ=655---->from my FICO score watch.
    
 
I dont understand why my other two scores are way different from my highest score. And i dont know if these scores are good enough to apply for auto loan. Please can someone help me out to understand.
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Brammy
Posts: 5,436
Registered: ‎03-10-2007

Re: why my three scores are way different from my highest score?

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‎04-30-2007 12:00 PM - edited ‎04-30-2007 12:01 PM


keneyone wrote:
MY scores..TU= 723-----> mailed from TU.
                    EQ=655---->from my FICO score watch.
    
 
I dont understand why my other two scores are way different from my highest score. And i dont know if these scores are good enough to apply for auto loan. Please can someone help me out to understand.

There are three different bureaus which can contain different information.  The scores you get on TU are not FICO, but FAKO scores



Message Edited by Brammy on 04-30-2007 03:01 PM
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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.

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