topic is this a usual tactic or is it possible in General Credit Topics

is this a usual tactic or is it possible

CreditDrama85 — Thu, 01 May 2008 13:31:14 GMT

a finance company told me my credit score was 50-80 points lower than myfico so i just checked my report and after the inquiry , the myfico score is what i assumed it was and not what they claim. is it possible they see something different? or is this a tactic to make me think my credit is worse than it is?

Re: is this a usual tactic or is it possible

Anonymous — Thu, 01 May 2008 14:40:37 GMT

Maybe they are using a Plus score or a Vantage score instead of FICO.

Re: is this a usual tactic or is it possible

Anonymous — Thu, 01 May 2008 14:40:39 GMT

I would ask them if they are using actual FICO scores, or some other scoring model.

Even if it is an 'enhanced' FICO, it should still be relatively close to the vanilla you get here.

If they tell you it is one from here, bring a copy of the one's you recently bought. Sounds like they may be trying to get you to pay more in interest. JMO.

Re: is this a usual tactic or is it possible

Anonymous — Thu, 01 May 2008 17:50:54 GMT

My CC PFICO is about 70 points lower than MyFICO score. They might use their own credit scoring model just for them too which is meaningless. FICO is all that matters.