Re: Experian PLUS[ Edited ]
10-16-2012 12:25 PM - edited 10-16-2012 12:25 PM
Does the EXPERIAN PLUS SCORE have any value when it comes to credit decisons? Where can I get my actual Experian FICO score? and also which scoring system do creditors usually use? Thanks!!
The Experian "Plus" score, a score not sold to lenders, nonetheless correlates with FICO scores better than VantageScore which is actually sold to a few lenders. It's one of the scores used in the CFPB score study and has a correlation of around .93 with FICO scores. That may sound high but it means you can expect a good chance that FICO and Plus will vary more than 50 points.
I have reestablished credit over the last couple years
so my moniker is, well, rather out of date.
WM Discover $1800, WF Plat 12k, Chase Freedom Siggy15k, Amex Plat (60k H/B), Citi AA EWMC 25k