topic Why was my auto score not 850? in Auto Loans

Why was my auto score not 850?

JasonBourneOfCredit — Sat, 28 Jul 2012 03:12:15 GMT

Just bought a new car. On some paperwork, the general manager pointed out that my credit was excellent (yes, I credited myfico.com forums!) and that my TransUnion Auto Fico was 795. I am greatly upset. Every single payment of my last car was paid on time, promptly, and without fail Shoudn't that mean my auto score would be the max, or 850?

Re: Why was my auto score not 850?

DaveSignal — Sat, 28 Jul 2012 03:27:29 GMT

FICO is based on more than payment history, so no.

http://www.myfico.com/CreditEducation/WhatsInYourScore.aspx

Re: Why was my auto score not 850?

JasonBourneOfCredit — Sat, 28 Jul 2012 03:56:18 GMT

@DaveSignal wrote:
FICO is based on more than payment history, so no.

http://www.myfico.com/CreditEducation/WhatsInYourScore.aspx

This score was TransUnion Auto, not a regular Fico. Thought the Auto was based on your previous Auto payment history.

Re: Why was my auto score not 850?

DaveSignal — Sat, 28 Jul 2012 03:58:34 GMT

It is weighted more based on your auto history, but it is still a FICO and incorparates many aspects of your credit report.

Re: Why was my auto score not 850?

JasonBourneOfCredit — Sat, 28 Jul 2012 04:28:24 GMT

@DaveSignal wrote:
It is weighted more based on your auto history, but it is still a FICO and incorparates many aspects of your credit report.

I see. The manager was speechless when I said, "795? That's disappointing." lol