topic Re: seems like the FAKO is always higher then the FICO in Credit Cards

seems like the FAKO is always higher then the FICO

slap_happy — Fri, 06 Sep 2013 17:31:33 GMT

my fakos are all in the mid 700's and a few months ago I got the amex BSP and got not the best apr so they sent my fico and it was 692

seems like its that way for most, anyone else feel the same way? I wonder why such a difference?

Re: seems like the FAKO is always higher then the FICO

Peter1142 — Fri, 06 Sep 2013 17:35:30 GMT

CK hates me, gives me 610's when my TU score is close to 700. And I don't really see why, it's only major complaint is my AAoA, which is lower than on TU as they don't get the full 10-year+ history.

Re: seems like the FAKO is always higher then the FICO

SunriseEarth — Fri, 06 Sep 2013 17:38:16 GMT

Not always. My FAKO score from CK is 617. However, my FAKO score from Credit Sesame is 664. Compare that to the Merrick 623 and the Wally 626. Hmm.

Re: seems like the FAKO is always higher then the FICO

Anonymous — Fri, 06 Sep 2013 17:47:19 GMT

@Peter1142 wrote:
CK hates me, gives me 610's when my TU score is close to 700. And I don't really see why, it's only major complaint is my AAoA, which is lower than on TU as they don't get the full 10-year+ history.

CK only considers your open accounts when they compute your AAoA.

Re: seems like the FAKO is always higher then the FICO

awiser — Fri, 06 Sep 2013 17:50:33 GMT

This is not always the case. CK had my score as 605, compare it to the FICOs in my siggy. It's 635 now and I think my TU FICO as of last week was 648.

Re: seems like the FAKO is always higher then the FICO

jboy1972 — Fri, 06 Sep 2013 17:51:19 GMT

@Anonymous wrote:
@Peter1142 wrote:
CK hates me, gives me 610's when my TU score is close to 700. And I don't really see why, it's only major complaint is my AAoA, which is lower than on TU as they don't get the full 10-year+ history.
CK only considers your open accounts when they compute your AAoA.

Re: seems like the FAKO is always higher then the FICO

Swapmeet — Fri, 06 Sep 2013 18:01:03 GMT

A welcomed surprise for me is that my FAKO scores are most often much lower than my FICO scores--example: My FACO EX score was 710. That day I pulled my EX FICO and it was 744.

Re: seems like the FAKO is always higher then the FICO

Countingpennies — Fri, 06 Sep 2013 18:16:23 GMT

My EX fakos range from 589 to 716. Actual EX ficos are 630-640.

Re: seems like the FAKO is always higher then the FICO

FocusedAndDetermined — Fri, 06 Sep 2013 18:20:59 GMT

Both my CK and CS are lower (by 30+ pts) than the FICOs I get from here.

Re: seems like the FAKO is always higher then the FICO

FocusedAndDetermined — Fri, 06 Sep 2013 18:21:53 GMT

Both my CK and CS are lower by 30+ pts than the scores I get from here.

Re: seems like the FAKO is always higher then the FICO

fargobzn — Fri, 06 Sep 2013 18:27:17 GMT

My FICOs are almost always higher than my FAKOs, usually by 20-30 points.

Re: seems like the FAKO is always higher then the FICO

Anonymous — Fri, 06 Sep 2013 20:40:20 GMT

My EQ FICO is 772; my EQ FAKO is 707.

My TU FICO is 747; my CK TU FAKO is 774.

My EX FICO is 755; my CS EX FAKO is 729.

So, it's all over the place. My EQ and EX FICOs are higher -- EQ dramtically so! -- than my FAKOS. My TU FICO is lower than my FAKO. From what I've experienced, there's little to no correlation between FICO and FAKO scores. I've seen one go up while the other goes down, and vice versa.

Re: seems like the FAKO is always higher then the FICO

Anonymous — Fri, 06 Sep 2013 22:10:02 GMT

My FAKO score is usually pretty close to the MyFICO score.

However, my TU FICO from last month when I was approved for a BoA card was 27 points higher than both of them.

Re: seems like the FAKO is always higher then the FICO

Steelersboy — Fri, 06 Sep 2013 23:06:53 GMT

all of my fakos are lower

Re: seems like the FAKO is always higher then the FICO

audia4 — Sat, 07 Sep 2013 04:10:57 GMT

My FAKO scores are much lower than my FICO scores.

CK says 667 & CS says 783 and well, you can see my actual scores in my signature line.

Re: seems like the FAKO is always higher then the FICO

DaveSignal — Sat, 07 Sep 2013 07:30:43 GMT

@Anonymous wrote:
My EQ FICO is 772; my EQ FAKO is 707.

My TU FICO is 747; my CK TU FAKO is 774.

My EX FICO is 755; my CS EX FAKO is 729.

So, it's all over the place. My EQ and EX FICOs are higher -- EQ dramtically so! -- than my FAKOS. My TU FICO is lower than my FAKO. From what I've experienced, there's little to no correlation between FICO and FAKO scores. I've seen one go up while the other goes down, and vice versa.

agreed. To OP: you can't make any generalization about FAKO scores. They don't correlate to FICO scores and can be all over the place. Lenders don't use FAKO. You shouldn't either.