topic Re: Experian Fako vs Experian FICO in Understanding FICO® Scoring

Experian Fako vs Experian FICO

Anonymous — Wed, 19 Dec 2012 01:12:27 GMT

How different are Fako and FICO scores? How similar do the scores usually run?

Re: Experian Fako vs Experian FICO

jsucool76 — Wed, 19 Dec 2012 05:23:52 GMT

You can't really tell. For instance, I've had my creditkarma score be the same as my TU FICO from walmart, but now they're miles apart. It all depends on how the score is calculated, and you never really know how a FAKO score is calculated. It may weigh things vastly differently than a FICO version, and therefore you can never really tell just how much they differ.

FWIW though, my creditsesame score is usually pretty similar to my TU FICO from walmart (although they pull different reports)

Re: Experian Fako vs Experian FICO

Shogun — Wed, 19 Dec 2012 05:58:57 GMT

My rule in the FAKO vs FICO scores is +/- 200 points. There's just no telling what a FAKO is going to throw at you.

Re: Experian Fako vs Experian FICO

HiLine — Wed, 19 Dec 2012 23:19:55 GMT

How different are fake Gucci bags from original Gucci bags? There's just no way to tell.

Re: Experian Fako vs Experian FICO

Anonymous — Tue, 08 Jan 2013 02:13:17 GMT

Hello all, so I am connected with Score sense site, which

gives all (3) scores also.... should I give them up, and stay with myFICO only?

Re: Experian Fako vs Experian FICO

llecs — Tue, 08 Jan 2013 15:38:43 GMT

@Anonymous wrote:
Hello all, so I am connected with Score sense site, which
gives all (3) scores also.... should I give them up, and stay with myFICO only?

Lenders don't use the scores on that site, but the report info should help you in any credit journey.

Re: Experian Fako vs Experian FICO

Anonymous — Wed, 30 Jan 2013 23:24:28 GMT

I'm so lost... please help! I went to Experian website to get my credit score....r you saying this is a FAKO score?

Re: Experian Fako vs Experian FICO

llecs — Wed, 30 Jan 2013 23:27:00 GMT

@Anonymous wrote:
I'm so lost... please help! I went to Experian website to get my credit score....r you saying this is a FAKO score?

Unfortunately, yes.

You're limited on the places to get your FICO score.

You can only buy your EQ FICO from myFICO, your lender, or from Equifax.com (buyer beware: the scores they push are a FAKO, but your EQ FICO can be purchased through EQ).

You can only buy your TU FICO from myFICO or your lender.

Finally, you can only buy your EX FICO from your lender. As of a few years ago, Experian blocked consumer access to your own EX FICO.

Aside from the above, you can also get your FICO scores for free or at a reduced price. Banks and CUs will offer it as a benefit. M&T Bank, Unitus Community Credit Union, and Digital Credit Union each offer an EQ FICO. You can get your TU FICO from Wal-Mart or Merrick Bank if you have CCs with them. And you can get your EX FICO from PA State Employees Credit Union (PSECU) if you have a checking account with them. There are other CUs out there that will offer a FICO if you ask them as part of a benefit for being a member.

Re: Experian Fako vs Experian FICO

Anonymous — Thu, 31 Jan 2013 03:34:12 GMT

Thank you so much....