Valued Contributor
beb86
Posts: 1,115
Registered: ‎10-31-2011
Re: What is a FAKO score?

creditmonarch wrote:

A “FAKO” score is what people have dubbed the scores that different credit repositories are calculating for peoples reports. It is a play on the original “FICO” – Fair Isaac Corp – Score, combing the two words Fake and Fico.

They have called it that because it is often not the real score that a lender would see if a hard inquiry is pulled.


Welcome to the fourms I will try to explain this in the easiest way possible.

 

A "FAKO" score is any non-FICO score that is given to you...There are only a few places you can pull your true FICO score and even if you pull your credit score from the big three's website it wont be a FICO...it will be a FAKO

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