topic Re: FICO 8 vs. FICO 2 in Understanding FICO® Scoring

FICO 8 vs. FICO 2

Anonymous — Wed, 10 Oct 2018 21:18:13 GMT

I recently disputed a colleciton on my EX CR and my FICO 8 score jumped 71 points. Is there anyway to see how it impacted my FICO 2 score without pulling a new report? I'm expecting my score to go up again when a CC reports it's most recent balance to drop my util rate...I just want to gauge things in the meantime.

Any advice?

Re: FICO 8 vs. FICO 2

Revelate — Wed, 10 Oct 2018 23:09:21 GMT

@Anonymous wrote:
I recently disputed a colleciton on my EX CR and my FICO 8 score jumped 71 points. Is there anyway to see how it impacted my FICO 2 score without pulling a new report? I'm expecting my score to go up again when a CC reports it's most recent balance to drop my util rate...I just want to gauge things in the meantime.

Any advice?

1B report here or Experian directly are the only two pay places I know of to see it; I wouldn't worry about it until the dispute works through the system if it comes back verified you'll return to your prior score most likely.

If it's deleted altogether, then check would be my recommedation.

Re: FICO 8 vs. FICO 2

SouthJamaica — Thu, 11 Oct 2018 11:19:27 GMT

@Anonymous wrote:
I recently disputed a colleciton on my EX CR and my FICO 8 score jumped 71 points. Is there anyway to see how it impacted my FICO 2 score without pulling a new report? I'm expecting my score to go up again when a CC reports it's most recent balance to drop my util rate...I just want to gauge things in the meantime.

Any advice?

I don't know any place to learn your EX FICO 2 score except here.

UPDATE 10/11/18.@ I just learned from @Anonymous that you can get daily updates of your FICO 2 score from the CreditWorks Premium product at Experian. What is particularly wonderful about this revelation is that I already subscribe to that product, but had no idea it supplied scores other than FICO 8.

Re: FICO 8 vs. FICO 2

Anonymous — Thu, 11 Oct 2018 00:04:28 GMT

Keep in mind that if your score increased due to the dispute status on the account, once the dispute is complete if the negative is not removed you will lose the same amount of points that you just gained. A dispute only temporarily causes that score shift unless the baddie actually gets removed.

Re: FICO 8 vs. FICO 2

Anonymous — Thu, 11 Oct 2018 00:09:36 GMT

The negative has been completely removed and the dispute has been closed in my favor.

I just know there should be other positive adjustments made in the next few weeks (I'm cleaning up my report before I close on my new house)...and I was just wondering if there was any way to calculate my new FICO 2 score without having constantly pay for a new report.

Reading back on my original post...I really wasn't very clear. Whoops!

Re: FICO 8 vs. FICO 2

Anonymous — Thu, 11 Oct 2018 00:12:03 GMT

Gotcha. All good. Glad to hear you got it removed!

Re: FICO 8 vs. FICO 2

Anonymous — Thu, 11 Oct 2018 00:27:34 GMT

@SouthJamaica wrote:
@Anonymous wrote:
I recently disputed a colleciton on my EX CR and my FICO 8 score jumped 71 points. Is there anyway to see how it impacted my FICO 2 score without pulling a new report? I'm expecting my score to go up again when a CC reports it's most recent balance to drop my util rate...I just want to gauge things in the meantime.

Any advice?

I don't know any place to learn your EX FICO 2 score except here.

Experian CreditWorks Premium provides one monthly 3B score pull, and daily updates to 1B Experian Score 8, Experian FICO Score 2 (Mortgage), FICO Auto Score 8, FICO Auto Score 2, FICO Bankcard Score 8, FICO Bankcard Score 3, and FICO Bankcard Score 2. A trial membership is available for $4.99.

Re: FICO 8 vs. FICO 2

Anonymous — Thu, 11 Oct 2018 00:30:34 GMT

That's good to know! Thank you!!

Re: FICO 8 vs. FICO 2

SouthJamaica — Thu, 11 Oct 2018 11:20:35 GMT

@Anonymous wrote:
@SouthJamaica wrote:
@Anonymous wrote:
I recently disputed a colleciton on my EX CR and my FICO 8 score jumped 71 points. Is there anyway to see how it impacted my FICO 2 score without pulling a new report? I'm expecting my score to go up again when a CC reports it's most recent balance to drop my util rate...I just want to gauge things in the meantime.

Any advice?

I don't know any place to learn your EX FICO 2 score except here.
Experian CreditWorks Premium provides one monthly 3B score pull, and daily updates to 1B Experian Score 8, Experian FICO Score 2 (Mortgage), FICO Auto Score 8, FICO Auto Score 2, FICO Bankcard Score 8, FICO Bankcard Score 3, and FICO Bankcard Score 2. A trial membership is available for $4.99.

@Anonymous, thank you for that information @Anonymous I already subscribe to that product, but had no idea it supplied scores other than FICO 8.

Re: FICO 8 vs. FICO 2

Anonymous — Sat, 13 Oct 2018 14:35:12 GMT

@SouthJamaica wrote:
@Anonymous wrote:
@SouthJamaica wrote:
@Anonymous wrote:
I recently disputed a colleciton on my EX CR and my FICO 8 score jumped 71 points. Is there anyway to see how it impacted my FICO 2 score without pulling a new report? I'm expecting my score to go up again when a CC reports it's most recent balance to drop my util rate...I just want to gauge things in the meantime.

Any advice?

I don't know any place to learn your EX FICO 2 score except here.
Experian CreditWorks Premium provides one monthly 3B score pull, and daily updates to 1B Experian Score 8, Experian FICO Score 2 (Mortgage), FICO Auto Score 8, FICO Auto Score 2, FICO Bankcard Score 8, FICO Bankcard Score 3, and FICO Bankcard Score 2. A trial membership is available for $4.99.

@Anonymous, thank you for that information @Anonymous I already subscribe to that product, but had no idea it supplied scores other than FICO 8.

You're welcome.

Experian provides several other scores under the "Additional FICO Scores" tab.

Re: FICO 8 vs. FICO 2

Anonymous — Sun, 14 Oct 2018 02:34:50 GMT

@Anonymous
You're welcome.
Experian provides several other scores under the "Additional FICO Scores" tab.

If you do the 3 Bureau score do they give you only FICO 08 for EQ/TU or do they also give mortgage and auto scores?

Re: FICO 8 vs. FICO 2

Anonymous — Sun, 14 Oct 2018 14:14:01 GMT

@Anonymous wrote:
@Anonymous
You're welcome.
Experian provides several other scores under the "Additional FICO Scores" tab.
If you do the 3 Bureau score do they give you only FICO 08 for EQ/TU or do they also give mortgage and auto scores?

Experian CreditWorks Premium provides 3B credit reports and FICO 8 scores every 30 days.

Then additionally you get daily updates to:

EX credit report

EX FICO 8 score

EX Mortgage (FICO Score 2)

EX Auto (Auto Score 8 and Auto Score 2)

EX Credit Cards (Bankcard Score 8 and FICO Score 3)

The ability to lock & unlock your EX credit report

If you need 3B mortgage and/or auto scores MyFICO is the choice. Its the only source for 3B scores for all FICO versions and that's reflected in its cost.

Re: FICO 8 vs. FICO 2

Anonymous — Sun, 14 Oct 2018 20:22:39 GMT

@Anonymous
If you need 3B mortgage and/or auto scores MyFICO is the choice. Its the only source for 3B scores for all FICO versions and that's reflected in its cost.

Thank you for the information. I went ahead and did the $1 trial because I figured it was nice to at least know one mortgage score as I've been very curious how different it might be from my FICO 08s. For EX, the mortgage scored ended up being 15pts lower. Not the worst, but still disappointing.

Re: FICO 8 vs. FICO 2

Anonymous — Mon, 15 Oct 2018 01:15:37 GMT

Above it sounds like your did a $1 MF trial... but to my knowledge they don't offer one. I'm curious how you got your mortgage score(s) for $1?

Re: FICO 8 vs. FICO 2

Anonymous — Mon, 15 Oct 2018 02:38:37 GMT

@Anonymous wrote:
Above it sounds like your did a $1 MF trial... but to my knowledge they don't offer one. I'm curious how you got your mortgage score(s) for $1?

I can see how it read like that because I chose not to quote the whole text. I did the $1 Experian CreditWorks trial which gives a 3B FICO 08 but also mortgage, auto, and bankcard scores for EX.

Re: FICO 8 vs. FICO 2

sjt — Mon, 15 Oct 2018 20:00:54 GMT

I have Credit Works and really like. It also include ID works and changes to your EX file are live and automatically updates score. It also has score planner, which is still in the pilot stage but can be a great tool when its finished.

Re: FICO 8 vs. FICO 2

JBJBJB1 — Mon, 15 Oct 2018 20:13:55 GMT

Hi:

If you are curious about shopping for a mortgage, I would get the full report so you can see all three of your mortgage scores. For mortgages they pluck the middle score, and throw out the higher and lower.

My Mortgage scores are 736 EQ 685 EX and 678 TU.

This makes my mortgage score 685. There is a 58 point difference between my lowest and highest. The score you plucked could be your lowest, highest or middle!

Best,