topic Re: Fico 9 in Understanding FICO® Scoring

Fico 9

Shawndoe79 — Thu, 09 Apr 2015 19:56:42 GMT

my bank states that they use auto enhanced fico 9, can anybody tell me their experience with this or how a consumer may see this version??

Re: Fico 9

Anonymous — Thu, 09 Apr 2015 22:02:59 GMT

@Shawndoe79 wrote:
my bank states that they use auto enhanced fico 9, can anybody tell me their experience with this or how a consumer may see this version??

Welcome to the forums.

Are you sure they said Fico 9 and not 8? There is no way to see your Fico 9 auto enhanced score. Very few lenders are using Fico 9 for anything. What bank?

Re: Fico 9

Shawndoe79 — Fri, 10 Apr 2015 00:02:36 GMT

Yes they said auto enhanced fico 9. The bank is first commerce credit union here in Tallahassee Florida

Re: Fico 9

EW800 — Fri, 10 Apr 2015 00:05:10 GMT

Interesting. I believe this is the first that I have heard of FICO 9 being used out in the real world, as I know it can takes years for some of these new models to catch on. It will be interesting to see if we hear of more reports of FICO 9 use in the coming months.

I know I would love to know what my FICO 9 scores are...

Re: Fico 9

Anonymous — Fri, 10 Apr 2015 00:06:39 GMT

@Shawndoe79 wrote:
Yes they said auto enhanced fico 9. The bank is first commerce credit union here in Tallahassee Florida

That's the first I've heard of anyone using it. It could be years if ever most creditors start using it. Heck some are still stuck on the 04 model (mortgage lenders)

Re: Fico 9

Shawndoe79 — Fri, 10 Apr 2015 00:14:18 GMT

Yes I'm just as shocked as you guys are. I asked them did they mean fico 8 and currently awaiting a reply. I will let u know what they say tomorrow.

Re: Fico 9

Shawndoe79 — Fri, 10 Apr 2015 01:23:20 GMT

This is the response I received after asking if they meant fico 8. "

Fico 9 is the latest version that was introduced in late 2014, and we also use this for our credit cards as well.

We'd be happy to discuss our loan products and some options with you."

Re: Fico 9

sarahlee7 — Fri, 10 Apr 2015 09:00:20 GMT

@Anonymous wrote:
@Shawndoe79 wrote:
Yes they said auto enhanced fico 9. The bank is first commerce credit union here in Tallahassee Florida
That's the first I've heard of anyone using it. It could be years if ever most creditors start using it. Heck some are still stuck on the 04 model (mortgage lenders)

USBank pulled an 02 on me this year.

Re: Fico 9

lg8302ch — Fri, 10 Apr 2015 09:04:46 GMT

I did not even know Fico 9 existed

Re: Fico 9

Anonymous — Fri, 10 Apr 2015 14:03:23 GMT

@Shawndoe79 wrote:
This is the response I received after asking if they meant fico 8. "

Fico 9 is the latest version that was introduced in late 2014, and we also use this for our credit cards as well.
We'd be happy to discuss our loan products and some options with you."

Thanks for the update. They definitely have to be one of the few.

Re: Fico 9

Anonymous — Fri, 15 May 2015 08:53:09 GMT

I spoke with FICO themselves they said everyone is still using FICO 8. FICO 9 is like Big Foot and the Loch Ness moster. People have heard about but no one you can belive has actually seen it.

Re: Fico 9

MarineVietVet — Fri, 15 May 2015 19:47:56 GMT

@Anonymous wrote:
I spoke with FICO themselves they said everyone is still using FICO 8. FICO 9 is like Big Foot and the Loch Ness moster. People have heard about but no one you can belive has actually seen it.

There is a sighting of that elusive creature here.