topic Re: Who Uses Equifax FICO Score For Credit Cards? in Credit Cards

Who Uses Equifax FICO Score For Credit Cards?

daveg38 — Wed, 01 Feb 2012 14:27:56 GMT

I just went to Equifax and bought my Equifax Fico score - 725

Who uses this model/report for credit card decisions?

Re: Who Uses Equifax FICO Score For Credit Cards?

seattletravels — Wed, 01 Feb 2012 14:29:40 GMT

Google lender pulls.

Re: Who Uses Equifax FICO Score For Credit Cards?

Juan123 — Wed, 01 Feb 2012 14:32:08 GMT

im pretty sure the majority of lenders use fico scores... the EQ fico score from here should\will be the same as the EQ fico score you bought from equifax.com

On a different note, i've noticed the last couple of months that a lot of lenders pull EX and TU instead of EQ... maybe thats just me though.

there is no real list out there that shows what CCC pulls EQ only though... a lot of CCC's apparently pull different CR's according to your location...

Re: Who Uses Equifax FICO Score For Credit Cards?

Anonymous — Wed, 01 Feb 2012 14:31:29 GMT

I believe it to be random. Discover pulled my Equifax.

TBC

Re: Who Uses Equifax FICO Score For Credit Cards?

daveg38 — Wed, 01 Feb 2012 14:33:23 GMT

I froze all three and only want to open up Equifax for business as this has the lowest 2 yr INQ's (8) and best DTI.

Re: Who Uses Equifax FICO Score For Credit Cards?

pizzadude — Wed, 01 Feb 2012 14:45:23 GMT

Be aware that your FICO score may be part of the decision, but ultimately it is the information on your reports that determines if you are approved.

Many lenders use their own in-house scoring systems, which look at many things, including your score, to process your application.

Re: Who Uses Equifax FICO Score For Credit Cards?

visorboy1974 — Wed, 01 Feb 2012 14:48:13 GMT

Nordstrom is one of them...but they may also pull TU if you're borderline for approval.

Re: Who Uses Equifax FICO Score For Credit Cards?

CS800 — Wed, 01 Feb 2012 14:53:02 GMT

@Anonymous wrote:
I believe it to be random. Discover pulled my Equifax.

TBC

Discover generally pulls EQ. At least they did for me.

Re: Who Uses Equifax FICO Score For Credit Cards?

Open123 — Wed, 01 Feb 2012 14:54:47 GMT

In California, for me I've seen Chase, US Bank, Discover, and GE all pull Equifax exclusively.

Re: Who Uses Equifax FICO Score For Credit Cards?

MarineVietVet — Wed, 01 Feb 2012 15:05:02 GMT

@daveg38 wrote:
I just went to Equifax and bought my Equifax Fico score - 725

Who uses this model/report for credit card decisions?

You have to be very careful what you buy from EQ. Yes they sell an EQ FICO but they also sell their own proprietary "Equifax Credit Score" that is not a FICO and is not used by any lenders. If what you got said "FICO" anywhere then you should be good to go.

Equifax will still sell you a FICO score found here: www.equifax.com/web-myfico-products/

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Re: Who Uses Equifax FICO Score For Credit Cards?

Anonymous — Wed, 01 Feb 2012 17:14:49 GMT

Citi, Nordstrom, USAA, PenFed, many CU...

Re: Who Uses Equifax FICO Score For Credit Cards?

learnin113 — Wed, 01 Feb 2012 20:10:28 GMT

All Credit Unions.

Re: Who Uses Equifax FICO Score For Credit Cards?

visorboy1974 — Wed, 01 Feb 2012 21:34:23 GMT

@learnin113 wrote:
All Credit Unions.

Many credit unions.

Re: Who Uses Equifax FICO Score For Credit Cards?

Revelate — Thu, 02 Feb 2012 05:40:43 GMT

@Open123 wrote:
In California, for me I've seen Chase, US Bank, Discover, and GE all pull Equifax exclusively.

If you don't mind my asking Open, where do you live roughly (county or whatever)? I'm just trying to get an idea on area as from research it seems as though Chase pulls EQ up in the Bay Area but not so much down where I'm at in LA.

Re: Who Uses Equifax FICO Score For Credit Cards?

Open123 — Thu, 02 Feb 2012 15:17:03 GMT

I'm in Northern CA.

Here, I've noticed BofA, Citi, AmEx (of course), Macy's, Dept Stores all pull Experian.

While Chase, Discover, GE, US Bank, ATT, Sprint, and everyone else pulls Equifax.

I've NEVER seen my TU pulled. I can't even get an inquiry on TU if I tried, unless I apped for Barclays or CapOne, I guess.

Re: Who Uses Equifax FICO Score For Credit Cards?

Revelate — Thu, 02 Feb 2012 15:42:09 GMT

@Open123 wrote:
I'm in Northern CA.

Here, I've noticed BofA, Citi, AmEx (of course), Macy's, Dept Stores all pull Experian.

While Chase, Discover, GE, US Bank, ATT, Sprint, and everyone else pulls Equifax.

I've NEVER seen my TU pulled. I can't even get an inquiry on TU if I tried, unless I apped for Barclays or CapOne, I guess.

Yeah, TU was the old mid-west CRA, and over time I suspect it had the least resolution when looking at nationwide metrics (before many things reported to all three CRA's) as there were a lot more people living in either the East or West coast areas. I would've guessed that either Chicago or Texas area lending institutions and the like would pull TU, but the one CU I know in Texas pulls EQ exclusively so beats me. The one GE-backed anything pulled TU for me, but that's it besides various tri-pulls.

I think BOFA mostly pulls Experian nation-wide, I know they do with mine in LA and the same when I lived in Texas. I didn't know that on Citi but I sort of expected it.

Thanks for the info!

Re: Who Uses Equifax FICO Score For Credit Cards?

seattletravels — Thu, 02 Feb 2012 19:12:40 GMT

I have one GE pull and a pull from lender on TU the rest of my pulls are on EQ. The only EX pull I have is from my lender.

Re: Who Uses Equifax FICO Score For Credit Cards?

Anonymous — Tue, 02 Apr 2013 22:09:48 GMT

Hi, I'm curious as to how you got your credit scores so high. I am a consumer consultant. I would like to help my clients do the same with their credit. Can you help?

Re: Who Uses Equifax FICO Score For Credit Cards?

lg8302ch — Tue, 02 Apr 2013 22:23:28 GMT

there are members with 845 Fico...you should ask them...I am curious too as my scores get stuck at max 793 EQFico

Re: Who Uses Equifax FICO Score For Credit Cards?

2011beginnings — Tue, 02 Apr 2013 22:49:21 GMT

Discover does