Valued Member
kshew97
Posts: 26
Registered: ‎11-14-2011
FAKO vs FICO
I belong to Equifax.com, and also use MyFico.com to monitor my reports. I believe MyFico lists a true FICO (now showing 678) and Equifax lists FAKO (now showing 622). Is it possible for your FAKO to be lower than your FICO?? Which one of these numbers will creditors see? My score is actually higher, but one account is in dispute and the OC admitted to reporting a 90 day late in error and are updating now, but I am don't think I have ever seen FICO higher than FAKO.

Starting Score: 577
Current Score: 742
Goal Score: 750


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Regular Contributor
gijoe4500
Posts: 232
Registered: ‎05-12-2010
Re: FAKO vs FICO

My FICOs are higher than my FAKOs through USAA's credit monitoring services.  You can't really compare the two. Most (not all) lenders use some version of your actual FICO score.

Last Hard Pull 05/24/2013

Starting Score: MyFico TU: 621 EQ: 610
Current Score: AmEx EX: 700 Walmart TU: 711 EQ: 699
Goal Score: 700's baby! (made it 4/10/2013!)
New Goal: 740!!


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Moderator
MarineVietVet
Posts: 14,882
Registered: ‎07-14-2009
Re: FAKO vs FICO

kshew97 wrote:
I belong to Equifax.com, and also use MyFico.com to monitor my reports. I believe MyFico lists a true FICO (now showing 678) and Equifax lists FAKO (now showing 622). Is it possible for your FAKO to be lower than your FICO?? Which one of these numbers will creditors see? My score is actually higher, but one account is in dispute and the OC admitted to reporting a 90 day late in error and are updating now, but I am don't think I have ever seen FICO higher than FAKO.

Hello and welcome.

 

There is no way to know what direction a FICO score will go as compared to a FAKO score. So it really doesn't matter which one is higher or lower. My advice is to ignore all FAKO's all the time. To do otherwise is an exercise in futility.

 

As far as Equifax you can get both FICO and FAKO scores there so you have to be very careful. The EQ FICO score from their website is the same Beacon 5.0 version found here at myFICO. That Equifax FICO score can be found here: www.equifax.com/web-myfico-products/

 

But Equifax also sells their own "Equifax Credit Score" but this is not a FICO score. That's why I say you have to be very careful what you buy there.

 

 

 

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Valued Contributor
Mustanglvr2006
Posts: 1,971
Registered: ‎02-06-2011
Re: FAKO vs FICO

MarineVietVet wrote:

Hello and welcome.

 

There is no way to know what direction a FICO score will go as compared to a FAKO score. So it really doesn't matter which one is higher or lower. My advice is to ignore all FAKO's all the time. To do otherwise is an exercise in futility.

 

As far as Equifax you can get both FICO and FAKO scores there so you have to be very careful. The EQ FICO score from their website is the same Beacon 5.0 version found here at myFICO. That Equifax FICO score can be found here: www.equifax.com/web-myfico-products/

 

But Equifax also sells their own "Equifax Credit Score" but this is not a FICO score. That's why I say you have to be very careful what you buy there.

 

 



 !00% agree.

 

Welcome to the Forums kshew, I hope you enjoy your stay here, there is a lot you can learn from this site.


Starting Score: 583
Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
Goal Score: 800+ across all three

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Moderator
pizzadude
Posts: 9,674
Registered: ‎01-28-2010
Re: FAKO vs FICO

 


kshew97 wrote:
I belong to Equifax.com, and also use MyFico.com to monitor my reports. I believe MyFico lists a true FICO (now showing 678) and Equifax lists FAKO (now showing 622). Is it possible for your FAKO to be lower than your FICO?? Which one of these numbers will creditors see? My score is actually higher, but one account is in dispute and the OC admitted to reporting a 90 day late in error and are updating now, but I am don't think I have ever seen FICO higher than FAKO.

FAKO scores can't be correlated back to a FICO score.   For some people FAKOs are higher.....for some they are lower.
 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX