topic Re: Which TU version for Walmart? in Credit Cards

Which TU version for Walmart?

Anonymous — Thu, 27 Sep 2012 17:17:37 GMT

My fico from here is 650 something, but our lender pulled a 624 yesterday. Which version does Walmart use?

Re: Which TU version for Walmart?

llecs — Thu, 27 Sep 2012 18:14:04 GMT

TU08

ETA for clarification....do you mean the free monthly FICO? If so, it's TU08. If you meant the score the lender uses to approve/deny, then the answer is different. I think they use their own internal score being GECRB.

Re: Which TU version for Walmart?

Rhaeny — Fri, 28 Sep 2012 00:43:00 GMT

@llecs wrote:
TU08

ETA for clarification....do you mean the free monthly FICO? If so, it's TU08. If you meant the score the lender uses to approve/deny, then the answer is different. I think they use their own internal score being GECRB.

Really? Now that is interesting. So they give us what is equivalent to a FAKO score to them?

But aren't most lenders using TU08 though?

Re: Which TU version for Walmart?

jsucool76 — Fri, 28 Sep 2012 01:03:44 GMT

It technically is a fako score since it isnt a FICO score. They use their own proprietary scoring model.

The score you receive monthly though is a TU FICO.

GECRB uses their scoring model for all of their cards.

Re: Which TU version for Walmart?

llecs — Fri, 28 Sep 2012 02:05:02 GMT

@Rhaeny wrote:

But aren't most lenders using TU08 though?

Not that I've seen as based on what others posted. I can think of one, maybe, and that hasn't been fully verified.