topic Re: Help. I am quite confused here about my scores in Understanding FICO® Scoring

Help. I am quite confused here about my scores

rollerkosh — Fri, 19 Jun 2015 14:49:06 GMT

Quizzle score: 597

Credit Karma: 592

Credit.com : 709

Experian: 692

MyFico Transunion: 695

This is a huge range. all of these were from most recent updates

So who is right?

Re: Help. I am quite confused here about my scores

Anonymous — Fri, 19 Jun 2015 15:00:55 GMT

@rollerkosh wrote:
Quizzle score: 597
Credit Karma: 592
Credit.com : 709
Experian: 692
MyFico Transunion: 695

This is a huge range. all of these were from most recent updates

So who is right?

The Experian and MyFico scores are true Fico 08 scores and are used by creditors. The credit.com and Quizzle scores are scores that are not used at all and are considered 'FAKOs'. The CreditKarma score is a Vantage 3.0 score and is used by a very few creditors (supposedly). Hope this helps

Re: Help. I am quite confused here about my scores

thom02099 — Fri, 19 Jun 2015 17:33:16 GMT

@rollerkosh wrote:
Quizzle score: 597
Credit Karma: 592
Credit.com : 709
Experian: 692
MyFico Transunion: 695

This is a huge range. all of these were from most recent updates

So who is right?

They are all "right" in the sense that they are based on algorithms that differ one from the other. As in your other post, you're comparing apples to oranges...to grapes, to kiwis to peaches to bananas. They are all different.

There are different algorithms at play here. All are valid scores for what they are. The one that matters, that "90 percent of lenders use" is the FICO score. The others (ETA: such as Quizzle, CreditKarma, and Credit.com) are for educational purposes only, as they note on their websites. ETA: Experian and TransUnion are FICO scores.