topic Re: Equifax Complete vs. Scorewatch in Understanding FICO® Scoring

Equifax Complete vs. Scorewatch

cascade159 — Mon, 06 Sep 2010 19:22:50 GMT

I've been a Scorewatch subscriber on the EQ website for about six months now and love the product. I decided to also give the new Equifax Complete a try earlier this month and I am baffled by the difference in scoring. I currently show 688 by Scorewatch and 635 by EQ Complete. Are they not pulling the same information? Would they sell two products based on two flavors of FICO scoring? I am going to call but was wondering if anyone else on the board had experienced this issue.

Re: Equifax Complete vs. Scorewatch

cascade159 — Mon, 06 Sep 2010 19:41:21 GMT

Re: Equifax Complete vs. Scorewatch

Anonymous — Mon, 06 Sep 2010 22:37:41 GMT

The reports from EQ Complete are accurate but all 3 scores via that service are FAKO's.

From a BK years ago to:
EX - 9/09 pulled by lender 802
EQ - 7/06-663, 3/10-800
TU - 8/10-772
You can do the same thing with hard work

Re: Equifax Complete vs. Scorewatch

llecs — Tue, 07 Sep 2010 02:18:53 GMT

+1 to the FAKO comment. They use a FAKO called an "Equifax Credit Score" which ranges 280-850. I just pulled the service for DW and her scores are about 20-40 points lower than FICO when pulled within a day of each other. BTW, I just updated the CMS thread.

Re: Equifax Complete vs. Scorewatch

cascade159 — Tue, 07 Sep 2010 04:40:50 GMT

So EQ Complete is using FAKO and Scorewatch is FICO? Correct?

Re: Equifax Complete vs. Scorewatch

llecs — Tue, 07 Sep 2010 05:06:44 GMT

@cascade159 wrote:

So EQ Complete is using FAKO and Scorewatch is FICO? Correct?

Right. I believe EQ's Complete is the only EQ product that uses a FAKO. The others (e.g. Credit Watch, ScoreWatch (their version), and the option score w/ EQ report) are still all an EQ FICO.

Re: Equifax Complete vs. Scorewatch

cascade159 — Tue, 07 Sep 2010 06:28:37 GMT

Thanks for the follow-up. That is so weird but maybe that is how they get away with being able to pull once a day.

Re: Equifax Complete vs. Scorewatch

laz98 — Tue, 07 Sep 2010 22:02:57 GMT

@cascade159 wrote:
Thanks for the follow-up. That is so weird but maybe that is how they get away with being able to pull once a day.

whew! if only i could get a new FICO every day!