topic Re: MyFICO scoring versions? in Understanding FICO® Scoring

MyFICO scoring versions?

Anonymous — Wed, 09 Sep 2015 10:48:45 GMT

They provide multiple versions across the 3 CRAs but, are any of them considered the NG2?

I'm somewhat perplexed by a recent jump in my Eq of over 60 points on Eq8 despite my utilization going from 8-9% to 14% after using a PLOC for a couple weeks before paying it off. In fact, my TU dropped a point and my Ex dropped 12 points!

Re: MyFICO scoring versions?

Anonymous — Thu, 10 Sep 2015 03:05:44 GMT

No one knows?

Re: MyFICO scoring versions?

Anonymous — Thu, 10 Sep 2015 05:06:16 GMT

This link says that NextGen scores are not available ro consumers at myFICO or most anywhere else for that matter:

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/The-many-flavors-of-FICO-Editions-versions-and-variations/td-p/1197617

Very few lenders use them.

Re: MyFICO scoring versions?

Anonymous — Thu, 10 Sep 2015 09:34:38 GMT

CGiD,

Many thanks!

Seems like a CU habit, maybe PenFed & Alliant. I seem to remember it was always higher, for me anyway, than 8, have no ida why.

Re: MyFICO scoring versions?

Anonymous — Thu, 10 Sep 2015 10:12:20 GMT

@Anonymous wrote:
CGiD,

Many thanks!
Seems like a CU habit, maybe PenFed & Alliant. I seem to remember it was always higher, for me anyway, than 8, have no ida why.

its score range is 150 to 950. If you had a FICO 8 score of (say) 770, it wouldn't be strange for the NG score to be 820 or even higher.

Re: MyFICO scoring versions?

Revelate — Thu, 10 Sep 2015 18:22:25 GMT

@Anonymous wrote:
CGiD,

Many thanks!
Seems like a CU habit, maybe PenFed & Alliant. I seem to remember it was always higher, for me anyway, than 8, have no ida why.

Just Penfed to my knowledge. Alliant credit score is Vantage, though I don't know what they underwrite on but it's unlikely to be FICO NextGen.