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cashnocredit
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Registered: ‎07-18-2009
Re: Experian PLUS
[ Edited ]

BearsAndTurtlesRtheBest wrote:

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.

 

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/CFPB-released-a-report-comparing-FAKOs-FI...

 

 

I have reestablished credit over the last couple years
so my moniker is, well, rather out of date.

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