topic Re: Which scores in Understanding FICO® Scoring

Which scores

Anonymous — Mon, 21 Jan 2019 01:32:39 GMT

Just say your score reads 720 on credit karma for equafax. But then you run it on the official equfax website , it states 752. Who is more correct thx

Re: Which scores

Indycoltsfan — Mon, 21 Jan 2019 01:40:40 GMT

The official sites (EQ, EX and TU) are your true scores. Credit Karma and Credit Sesame are FICO variants, often referred to as FAKO scores. Of course myfico is the accurate site for all scores (FICO, mortgage, credit cards and auto scoring)!

Re: Which scores

HeavenOhio — Mon, 21 Jan 2019 02:21:18 GMT

You want FICO scores. You can get them from myFICO (at a cost), Experian, Discover, and others.

Credit Karma offers up VantageScores, which aren't used by lenders. Use Karma for its reports and alerts, but disregard the scores. TU also gives you VantageScores.

If I remember correctly, Equifax will give you a FICO score in addition to a score they've concocted on their own.

Re: Which scores

ridgebackpilot — Mon, 21 Jan 2019 02:25:12 GMT

@Anonymous wrote:
Just say your score reads 720 on credit karma for equafax. But then you run it on the official equfax website , it states 752. Who is more correct thx

They are both "correct"; it's just that you're comparing apples and oranges. Credit Karma reports Vantage 3.0 scores, which aren't widely used by lenders. myFICO reports FICO scores, which are the most widely used in the credit business. To make things even more complicated, the Equifax website reports their own scores using a proprietary scoring model! Confusing? You bet!

Here are my EQ scores: Credit Karma (Vantage 3.0) = 787; Equifax website = 674; myFICO (EQ FICO 8) = 725. Pretty big discrepancies!

Your FICO scores are the most relevant to most lenders, although some use credit reporting agencies other than Equifax. It's usually best to determine which agency a particular lender uses, and go from there. Good luck!

Re: Which scores

Anonymous — Mon, 21 Jan 2019 02:35:16 GMT

so i just ran my score on experian , so thats the correct score i should go, by?

Re: Which scores

Pikaboo-icu — Mon, 21 Jan 2019 02:39:11 GMT

You can get all three of your FICO scores, the scores that matter at this link for $1.

Just cancel within 7 days to avoid paying the monthly fee.

https://www.creditchecktotal.com/homepage8

Re: Which scores

SouthJamaica — Mon, 21 Jan 2019 02:41:24 GMT

@Anonymous wrote:
Just say your score reads 720 on credit karma for equafax. But then you run it on the official equfax website , it states 752. Who is more correct thx

Neither.

Credit Karma's Vantage 3.0 is not a FICO score.

Equifax's proprietary score is not a FICO score either.

Re: Which scores

Anonymous — Mon, 21 Jan 2019 03:10:36 GMT

None of the scores you have received so far are FICO scores, so they aren't meaningful.

If you get a score through Experian, chances are it is a FICO score, so it would be meaningful.