Regular Contributor
Posts: 180
Registered: ‎12-08-2012
Walmart Fico Score?

I know this has been asked a zillion times but I just recieved my card in the mail today signed up for estatements and got my Fico score and it's 718 which completely took me by suprise. Is this a legit score? because here on myFico my TU score is only 671 as of 1/18/2013. I'm not complaining I'm actually just in shock seeing 700+ . A year ago my scores were low 500's. 

 

 

 

Amex BCP 12,500 - Amazon Chase Signature 10,000 - Discover It 9,000 - Walmart MC 7,500 - Citi Diamond 6,100 - Lowe's 6,000 - Fulton 6,000 - Amazon Store Card 2,000
Senior Contributor
Posts: 3,528
Registered: ‎01-19-2009
Re: Walmart Fico Score?
Are you sure that doesnt say 817
Senior Contributor
Posts: 3,528
Registered: ‎01-19-2009
Re: Walmart Fico Score?
opps never mind and not letting me edit my prev msg anyway, i see now where the meter points to 718 sorry
Established Contributor
Posts: 797
Registered: ‎05-01-2012
Re: Walmart Fico Score?

They are both FICO scores. My walmart TU is 728 and my TU FICO here is 674.


Starting Score: EX: 575 (PSECU 5/2/12) TU: 582 (3/6/12) EQ: 664 (4/27/12)
Current Score: EX: 699 (PSECU 06/04/14) 702 (my FICO 08/05/14) TU: 699 (08/01/14) EQ: 675 (07/08/14)
Goal Score: 720
20K PSECU 7/12 | 12K USAA 9/12 | 11K BOA 1-2-3 9/12 | 9K Citi HHonors 9/12 | 8.5K Citi AAdvantage 5/08 | 5K Chase Sapphire Pref. 9/12 | 3.8K Barclays USAir 7/12 | 6K Walmart Dis. 11/12 | 1K Amex SPG 11/12 | 2K Amex BCP 1/13
Super Contributor
Posts: 6,004
Registered: ‎12-11-2011
Re: Walmart Fico Score?
Walmart uses TU08, MyFico uses TU98 which is an older version (one that almost no lenders use). This would be the reason for the score difference. The two versions weigh things differently.

Hope this helps!
Moderator
Posts: 27,207
Registered: ‎09-13-2012
Re: Walmart Fico Score?
[ Edited ]

My TU Walmart score for this month was 702 and the scores I received from lenders during my mini -app spree were 707.  So, I'm thinking the WalMart score is pretty accurate to lenders (Discover and Amex) based on my apps. 

 

YMMV

 

Edited: IPad' auto correct

Regular Contributor
Posts: 180
Registered: ‎12-08-2012
Re: Walmart Fico Score?

Thanks for the quick replies everyone! I noticed when I apped and got denied for Barclays NFL card my TU matched the scores here on myFico in thje letter they sent which is why I'm a bit confused. 

Amex BCP 12,500 - Amazon Chase Signature 10,000 - Discover It 9,000 - Walmart MC 7,500 - Citi Diamond 6,100 - Lowe's 6,000 - Fulton 6,000 - Amazon Store Card 2,000
Valued Contributor
Posts: 2,066
Registered: ‎06-16-2012
Re: Walmart Fico Score?

SE7EN57 wrote:

Thanks for the quick replies everyone! I noticed when I apped and got denied for Barclays NFL card my TU matched the scores here on myFico in thje letter they sent which is why I'm a bit confused. 


hmmm...Barclays then may still be using the TU98 version on their approval process (one of the few). Im actually surprised they denied u with that score, what were the reasons for the denial if you dont mind me asking?

Cards: (Chase x8) (Citi x6) (Amex x6) (BofA x3) (US Bank x3) (Barclays x4) (WF x2) (Cap1 x4) (Synch x4) (Penfed x2) (Macys Amex, Discover, USAA, Fidelity, NASA x1), PLOC: Citi (18k) WF (10k), Personal Loan: USAA (25K), Auto Loans: Ally, Audi Financial.
Valued Contributor
Posts: 1,271
Registered: ‎07-17-2012
Re: Walmart Fico Score?

How come there isn't a standard that all creditors go by instead of some using old versions, some using new and others using their own ways to calculate scores. It would make things a lot easier! 

Barclay RewardsCap 1 VentureCap 1 QuicksilverApple RewardsMerrickWalmartJC PennyRed card
|****$10500***|****$9000*****|****$8000*****|****$3200****|****$1600****|****$6000****|*****$6000*****|****$3000****|
EX - 685 | TU - 716 | EQ - 696| EQ 04 - 721
Regular Contributor
Posts: 180
Registered: ‎12-08-2012
Re: Walmart Fico Score?
[ Edited ]

dodgerslv wrote:

SE7EN57 wrote:

Thanks for the quick replies everyone! I noticed when I apped and got denied for Barclays NFL card my TU matched the scores here on myFico in thje letter they sent which is why I'm a bit confused. 


hmmm...Barclays then may still be using the TU98 version on their approval process (one of the few). Im actually surprised they denied u with that score, what were the reasons for the denial if you dont mind me asking?


Inquiries which were from car loan and short credit history which is 11 months were the reasons. I tried reconing twice and no luck. Both times they said they wanted to see more history and to reap in 8-12 months. 

 


masscredit wrote:

How come there isn't a standard that all creditors go by instead of some using old versions, some using new and others using their own ways to calculate scores. It would make things a lot easier! 

I agree 100%
Amex BCP 12,500 - Amazon Chase Signature 10,000 - Discover It 9,000 - Walmart MC 7,500 - Citi Diamond 6,100 - Lowe's 6,000 - Fulton 6,000 - Amazon Store Card 2,000