topic Re: FICO SCORE in Understanding FICO® Scoring

FICO SCORE

Anonymous — Mon, 31 Mar 2008 00:14:51 GMT

Hi, I was wondering if someone could tell me if the FICO score and the CREDIT score are the exact same thing or is there some differences in the two?

Thanks

Re: FICO SCORE

Anonymous — Mon, 31 Mar 2008 00:18:24 GMT

whoamyfico wrote:

Hi, I was wondering if someone could tell me if the FICO score and the CREDIT score are the exact same thing or is there some differences in the two?

Thanks

Hi, whoamyfico, and welcome to the FICO Forums!

FICO score is actually used by most lenders in the real world, so it is the only kind of score that should matter to you. Around here, we call other other types of credit scores, FAKOs.

Please read (at least) the first post in the Credit Scoring 101 Thread linked to in my siggy, as it has more detailed answers to the question you asked.

Edit to add: Is your name Whoa-My-FICO or Who-Amy-FICO?

Message Edited by cheddar on 03-30-2008 08:18 PM

Re: FICO SCORE

Anonymous — Mon, 31 Mar 2008 03:30:18 GMT

Hi, my name is whoa my fico....Thanks...I'll take a look at the link you provided.

Re: FICO SCORE

haulingthescoreup — Mon, 31 Mar 2008 03:51:44 GMT

"Credit score" is the generic term, like "facial tissue."

FICO is the specific brand name, like Kleenex.

And as cheddar said, FICO's are the ones that get used. The rest are what we call FAKO's, wonderfully misleading and confusing.

Whoa-my-fico... I like that! Hope that was a good "whoa."