topic Re: difference between scores in Understanding FICO® Scoring

difference between scores

Anonymous — Mon, 24 Aug 2009 21:10:18 GMT

If you take one credit file, and run it through the three scoring algorythyms will you end up with the same score each time?

Re: difference between scores

AndySoCal — Tue, 25 Aug 2009 02:42:02 GMT

Yes, providing both data and algorythms are identical. If either is differnet the answer is no.

Re: difference between scores

Jazzzy — Tue, 25 Aug 2009 02:47:46 GMT

@Anonymous wrote:
If you take one credit file, and run it through the three scoring algorythyms will you end up with the same score each time?
Hi buggle,

In my experience, my scores have never come out the same. I have a long and varied credit history, however, so there is a wide variety of accounts. Not all accounts are on all 3 reports...so that can vary things.

Also, there is a difference in how various TLs are reported and calculated. An AmEx charge card, for example, that does not have a credit limit will be reported differently by TU than it is by EQ and EX.

Those are just some examples, but my scores usually vary.

Re: difference between scores

Anonymous — Tue, 25 Aug 2009 03:45:01 GMT

@Anonymous wrote:
If you take one credit file, and run it through the three scoring algorythyms will you end up with the same score each time?

No. Most likely you will end up with different scores. The models used by the three different CRB's are not the same.