topic Re: Any guesses on my Experian? in Understanding FICO® Scoring

Any guesses on my Experian?

sharpie — Sun, 10 Jul 2011 17:02:45 GMT

TU is 576 (FICO) up after Secured CC and new Auto Loan paid on time.

EQ is 623 (FICO) up above

EX came in at 669 when I applied for auto loan a month and a half ago. However, is this going to be same number seen for a mortgage? My understanding is that the Auto Loan people see something different...

Any ideas? I need to buy a house by November or sign another lease. And would way prefer to not move when it is snowing... )

Thanks!

Re: Any guesses on my Experian?

Anonymous — Sun, 10 Jul 2011 17:29:52 GMT

@sharpie wrote:

EX came in at 669 when I applied for auto loan a month and a half ago. However, is this going to be same number seen for a mortgage? My understanding is that the Auto Loan people see something different...

Any ideas? I need to buy a house by November or sign another lease. And would way prefer to not move when it is snowing... )

Thanks!

Auto loans use a different scoring system known as the "Auto Enhanced" score I believe, it's not your EX Fico.

The mortgage company will see a different score.

As always I could be wrong.

Best of Luck!!

Re: Any guesses on my Experian?

fused — Sun, 10 Jul 2011 18:21:00 GMT

Moving this thread to the Understanding FICO Scoring forum.

--fused, myfico moderator

Re: Any guesses on my Experian?

MarineVietVet — Sun, 10 Jul 2011 19:44:29 GMT

@sharpie wrote:
TU is 576 (FICO) up after Secured CC and new Auto Loan paid on time.
EQ is 623 (FICO) up above
EX came in at 669 when I applied for auto loan a month and a half ago. However, is this going to be same number seen for a mortgage? My understanding is that the Auto Loan people see something different...

Any ideas? I need to buy a house by November or sign another lease. And would way prefer to not move when it is snowing... )

Thanks!

Are you sure they pulled an auto enhanced score? You might ask to be sure. Not all lenders do. Several years ago when I got my last car loan they pulled EX and I specifically asked them if it was an auto enhanced and they said no; just a regular EX. But this was with my local CU and dealers might always pull the AE score. I just don't know.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Re: Any guesses on my Experian?

sharpie — Mon, 11 Jul 2011 01:27:52 GMT

Thanks, I will ask if it was AE or not. I don't want to start on mortgage inquiries until I am pretty sure where I stand.