topic Re: Equifax PowerScore Fico Question in Understanding FICO® Scoring

Equifax PowerScore Fico Question

ddemari — Fri, 20 Jun 2014 14:38:19 GMT

I have been a member of Scorewatch for a while and my FICO is stuck around 660 from Equifax. I am also a member of Equifax Premiere Advantage, last nite I decided to buy the Equifax Power Fico Score with a range of 300-850. My score is 720 compared to myfico 660.

I understand there are different scoring models, but this is a fico from equifax although I had never seen it called FicoA. Anyone else notice this? Probably should just stick with the myfico Equifax score which will not move! Thanks!

Re: Equifax PowerScore Fico Question

Anonymous — Fri, 20 Jun 2014 14:47:06 GMT

Different scoring models, like so:

Equifax Score Power - EQ 04

MyFico - EQ 08

The 04 model is the standard for the mortgage business.

Re: Equifax PowerScore Fico Question

ddemari — Fri, 20 Jun 2014 14:53:37 GMT

ahh that's what i was thinking. so it doesnt help me with credit cards. oh well. thank u !

Re: Equifax PowerScore Fico Question

Anonymous — Fri, 20 Jun 2014 15:03:39 GMT

@ddemari wrote:
ahh that's what i was thinking. so it doesnt help me with credit cards. oh well. thank u !

Depends on what score is used.