topic Re: What Scoring method is this? in Understanding FICO® Scoring

What Scoring method is this?

Mekitcat — Sun, 14 Aug 2011 21:31:03 GMT

I received my welcome packet from Citi yesterday. (not my card yet though)

And it says my credit score is 916

Source: Experian

Range is low of 0 to high of 999

Not familiar with this one any ideas?

I know its not Fico and EX Plus starts its low at 501 so I'm baffled?!

Re: What Scoring method is this?

MarineVietVet — Sun, 14 Aug 2011 21:44:15 GMT

@Mekitcat wrote:
I received my welcome packet from Citi yesterday. (not my card yet though)

And it says my credit score is 916
Source: Experian
Range is low of 0 to high of 999

Not familiar with this one any ideas?

I know its not Fico and EX Plus starts its low at 501 so I'm baffled?!

Actually Plus scores go from 330 to 830. VantageScores start at 501 and go to 990.

But I am baffled by this myself. I will look into it but I bet someone will come along much smarter than I am who will know what this is all about.

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: What Scoring method is this?

Mekitcat — Sun, 14 Aug 2011 21:49:26 GMT

@MarineVietVet wrote:
@Mekitcat wrote:
I received my welcome packet from Citi yesterday. (not my card yet though)

And it says my credit score is 916
Source: Experian
Range is low of 0 to high of 999

Not familiar with this one any ideas?

I know its not Fico and EX Plus starts its low at 501 so I'm baffled?!

Actually Plus scores go from 330 to 830. VantageScores start at 501 and go to 990.

But I am baffled by this myself. I will look into it but I bet someone will come along much smarter than I am who will know what this is all about.

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".

See just goes to show I don't know lol

Re: What Scoring method is this?

Mekitcat — Fri, 19 Aug 2011 14:54:57 GMT

*Bumping*

Anybody have any ideas? I was hoping someone would know.

Re: What Scoring method is this?

GregB — Fri, 19 Aug 2011 15:27:35 GMT

I'm skeptical that it is any normal score. I have information on almost 100 different score models and none of them go higher than 990 or lower than 150. Experian is a bit less clear in their marketing materials to potential business clients than EQ and TU. They don't seem to publish a list of all their products like the others.

First guess is a typo or an error from lender.

Second guess is it is a new version of an EX specific New Account Score. This would be similar to the TU New Account Score v3 (range 150-990) that is being quoted when someone gets a new CC from certain CCCs.

Re: What Scoring method is this?

haulingthescoreup — Fri, 19 Aug 2011 15:31:42 GMT

Another guess, although it doesn't tell us what score is being used:

The 0-999 range shows because no numbers were entered in that particular data field, and those are a default display.

So, not that there's some score on a 0-999 range, but that this is a score where they didn't publish the range, for whatever reason.

Re: What Scoring method is this?

Anonymous — Sat, 20 Aug 2011 07:30:35 GMT

I'm going through a Refi and these are the scores provided by my lender. .

EQ 783

The range of scores (334 low - 818 high)

TU 812

The range of scores (309 low -839 high)

EX 818

The range of scores (320 low - 844 high)

Why are all the ranges different? Which one represents a true FICO?

Re: What Scoring method is this?

GregB — Sat, 20 Aug 2011 14:07:04 GMT

All of them are FICO scores. Actually, they are exactly what you would expect a mortgage application to pull for scores.

EQ is Beacon 5 - possible range 334-818.

TU is FICO Risk Score, Classic 04 -possible range 309-839. This is the one we would like to get here as it seems to be common for a mortgage. The TU FICO Risk Score, Classic 98 that is available here has a range of 336-843.

EQ is Fair Issasc v2 FICO - possible range 320-844. This is the one we used to be able to get here.

Re: What Scoring method is this?

Mekitcat — Sat, 20 Aug 2011 15:10:58 GMT

@haulingthescoreup wrote:
Another guess, although it doesn't tell us what score is being used:

The 0-999 range shows because no numbers were entered in that particular data field, and those are a default display.

So, not that there's some score on a 0-999 range, but that this is a score where they didn't publish the range, for whatever reason.

I just thought it was weird I never seen or knew of a scoring method as this. But then I'm still new to all of this

Re: What Scoring method is this?

Mekitcat — Sat, 20 Aug 2011 15:14:42 GMT

@GregB wrote:
I'm skeptical that it is any normal score. I have information on almost 100 different score models and none of them go higher than 990 or lower than 150. Experian is a bit less clear in their marketing materials to potential business clients than EQ and TU. They don't seem to publish a list of all their products like the others.

First guess is a typo or an error from lender.

Second guess is it is a new version of an EX specific New Account Score. This would be similar to the TU New Account Score v3 (range 150-990) that is being quoted when someone gets a new CC from certain CCCs.

Well if it's a typo even on the high end number 999 depending on high/low it may actually go I'd say my 916 isn't bad.

Re: What Scoring method is this?

vtskier — Mon, 06 Apr 2015 14:35:59 GMT

sync bank, formally ge uses this score.. one time for a jcpenny's account my score was 22, another time it was 54. It blew me away at how low they judged me; In anycase, this score model is not a fluke

Re: What Scoring method is this?

MidnightVoice — Mon, 06 Apr 2015 19:01:11 GMT

I have a CITI card and it says it gives me an EQ FICO going up to 900 max

Re: What Scoring method is this?

gdale6 — Mon, 06 Apr 2015 19:32:53 GMT

@MidnightVoice wrote:
I have a CITI card and it says it gives me an EQ FICO going up to 900 max

This would be the bankcard enhanced model 250-900

Re: What Scoring method is this?

HiLine — Wed, 08 Apr 2015 23:56:40 GMT

In my view, life is too short to spending worrying about credit scores that are useless.