topic Re: New Scores are coming to MyFico?? in General Credit Topics

New Scores are coming to MyFico??

Lechte — Sat, 01 Feb 2014 22:28:11 GMT

I know this thread is probably gonna get moved. I always get in trouble with the Mods for something anyway, so what do I have to lose. I'm posting here because the MyFICO product feedback' section doesn't seem to get all that much recognition and feedback and i'm interested in one particular subject that was brought up over on that side of the forum....

Allegedly, one of the CSR's for myfico.com said that a new product is coming out in March. A 3-in-1 type of ScoreWatch. Anybody hear or know of this? If so, please let the cat outta the bag.

Re: New Scores are coming to MyFico??

-Wade- — Sat, 01 Feb 2014 08:20:22 GMT

@Lechte wrote:
I know this thread is probably gonna get moved..(the subject of this thread is misleading, but I had to, to get some much needed results)... I always get in trouble with the Mods for something anyway, so what do I have to lose. I'm posting here because the MyFICO product feedback' section doesn't seem to get all that much recognition and feedback and i'm interested in one particular subject that was brought up over on that side of the forum....

Allegedly, one of the CSR's for myfico.com said that a new product is coming out in March. A 3-in-1 type of ScoreWatch. Anybody hear or know of this? If so, please let the cat outta the bag.

That's the first I heard of that

Re: New Scores are coming to MyFico??

Lechte — Sat, 01 Feb 2014 08:23:16 GMT

It's over in the "myfico product feedback".....thread is "All 3 CRA score watch, March"

Re: New Scores are coming to MyFico??

Lechte — Sat, 01 Feb 2014 08:24:44 GMT

http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/All-3-CRA-score-watch-March/td-p/2644103

Re: New Scores are coming to MyFico??

Lechte — Sat, 01 Feb 2014 22:27:15 GMT

bump

Re: New Scores are coming to MyFico??

Anonymous — Sun, 02 Feb 2014 01:29:01 GMT

I haven't heard anything about it either.

Re: New Scores are coming to MyFico??

Lechte — Sun, 02 Feb 2014 04:39:08 GMT

Well....I guess we'll just have to wait til March.

Re: New Scores are coming to MyFico??

Shogun — Sun, 02 Feb 2014 10:21:48 GMT

I believe I've seen talk about it before too. Not sure, but maybe so. They keep us as in the dark on this as you.

Re: New Scores are coming to MyFico??

Shogun — Sun, 02 Feb 2014 10:22:36 GMT

@Lechte wrote:
I know this thread is probably gonna get moved. I always get in trouble with the Mods for something anyway, so what do I have to lose. I'm posting here because the MyFICO product feedback' section doesn't seem to get all that much recognition and feedback and i'm interested in one particular subject that was brought up over on that side of the forum....

Allegedly, one of the CSR's for myfico.com said that a new product is coming out in March. A 3-in-1 type of ScoreWatch. Anybody hear or know of this? If so, please let the cat outta the bag.

Bad Lechte... lol!!!!!

Re: New Scores are coming to MyFico??

Lechte — Sun, 02 Feb 2014 10:31:24 GMT

@Shogun wrote:
I believe I've seen talk about it before too. Not sure, but maybe so. They keep us as in the dark on this as you.

I'm really curious about this. Do you think the big shots at myfico scan these forums and pay attention to some of the idea's here?

Re: New Scores are coming to MyFico??

Lechte — Sun, 02 Feb 2014 10:32:20 GMT

@Shogun wrote:
@Lechte wrote:
I know this thread is probably gonna get moved. I always get in trouble with the Mods for something anyway, so what do I have to lose. I'm posting here because the MyFICO product feedback' section doesn't seem to get all that much recognition and feedback and i'm interested in one particular subject that was brought up over on that side of the forum....

Allegedly, one of the CSR's for myfico.com said that a new product is coming out in March. A 3-in-1 type of ScoreWatch. Anybody hear or know of this? If so, please let the cat outta the bag.

Bad Lechte... lol!!!!!

lol...i'm just tryin to keep you guys on your toes.

Re: New Scores are coming to MyFico??

Shogun — Sun, 02 Feb 2014 10:47:05 GMT

@Lechte wrote:
@Shogun wrote:
I believe I've seen talk about it before too. Not sure, but maybe so. They keep us as in the dark on this as you.
I'm really curious about this. Do you think the big shots at myfico scan these forums and pay attention to some of the idea's here?

We have admins that are on the boards. I'm sure they use feedback to the powers that be on this sort of thing. I just hope if they do this, they use a different TU scoring model because the TU98 is just too outdated and not used.

Re: New Scores are coming to MyFico??

Lechte — Sun, 02 Feb 2014 10:56:49 GMT

@Shogun wrote:
@Lechte wrote:
@Shogun wrote:
I believe I've seen talk about it before too. Not sure, but maybe so. They keep us as in the dark on this as you.
I'm really curious about this. Do you think the big shots at myfico scan these forums and pay attention to some of the idea's here?
We have admins that are on the boards. I'm sure they use feedback to the powers that be on this sort of thing. I just hope if they do this, they use a different TU scoring model because the TU98 is just too outdated and not used.

+10....while we're talkin about that....as far as CCC's are concerned....do most use the classic 04's of all 3 CB's? And do you know which specific CCC's use the EX 08 and EQ 04, if any?

Re: New Scores are coming to MyFico??

Shogun — Sun, 02 Feb 2014 11:01:55 GMT

EQ basically uses the same score model. Beacon 5.0.

Now EX's v2 is still the go to with mortgages, their newer model is being pulled for CCs. I know mine have matched perfectly with creditor pulls.

TU's 04 is still the standard in mortgages, but their 08 is more the go to CCs. I just wish they would simplify the whole thing just a bit.

Re: New Scores are coming to MyFico??

Lechte — Sun, 02 Feb 2014 11:21:21 GMT

@Shogun wrote:
EQ basically uses the same score model. Beacon 5.0.

Now EX's v2 is still the go to with mortgages, their newer model is being pulled for CCs. I know mine have matched perfectly with creditor pulls.

TU's 04 is still the standard in mortgages, but their 08 is more the go to CCs. I just wish they would simplify the whole thing just a bit.

EX v2 is the classic 04? Do most CCC's use EX 08...if they pull EX?

Re: New Scores are coming to MyFico??

Shogun — Sun, 02 Feb 2014 11:25:22 GMT

@Lechte wrote:
@Shogun wrote:
EQ basically uses the same score model. Beacon 5.0.

Now EX's v2 is still the go to with mortgages, their newer model is being pulled for CCs. I know mine have matched perfectly with creditor pulls.

TU's 04 is still the standard in mortgages, but their 08 is more the go to CCs. I just wish they would simplify the whole thing just a bit.
EX v2 is the classic 04? Do most CCC's use EX 08...if they pull EX?

Yes, EX v2 is the same as the classic 04. I've found that my CCs were pulling the newer 08 however. I'm sure there are some that still pull the older one, but there's movement to the new one.

I really don't know anyone that still pulls TU's 98. There's probably a few of those out there, but I'm not aware of any popular creditors that use it. It's just too old.

Re: New Scores are coming to MyFico??

Lechte — Sun, 02 Feb 2014 11:33:47 GMT

@Shogun wrote:
@Lechte wrote:
@Shogun wrote:
EQ basically uses the same score model. Beacon 5.0.

Now EX's v2 is still the go to with mortgages, their newer model is being pulled for CCs. I know mine have matched perfectly with creditor pulls.

TU's 04 is still the standard in mortgages, but their 08 is more the go to CCs. I just wish they would simplify the whole thing just a bit.
EX v2 is the classic 04? Do most CCC's use EX 08...if they pull EX?
Yes, EX v2 is the same as the classic 04. I've found that my CCs were pulling the newer 08 however. I'm sure there are some that still pull the older one, but there's movement to the new one.

I really don't know anyone that still pulls TU's 98. There's probably a few of those out there, but I'm not aware of any popular creditors that use it. It's just too old.

I think this would be a good deal for all......replace the TU98 with TU08...and then offer a mortgage 3-in-1 package with TU04, EQ 04, and EX 04. You can view TU08, EQ04, EX 08 thru individual pulls, but you could only see your TU04 and EX04 if you bought the complete mortgage package.

Re: New Scores are coming to MyFico??

Shogun — Sun, 02 Feb 2014 14:12:06 GMT

I agree, but then again, you have to remember that myFICO can only sell what they allow them to sell. It's not just up to myFICO, it's also up to the CRAs. Remember EX wouldn't let myFICO sell their scores for awhile.

Re: New Scores are coming to MyFico??

Lechte — Sun, 02 Feb 2014 21:34:30 GMT

@Shogun wrote:
I agree, but then again, you have to remember that myFICO can only sell what they allow them to sell. It's not just up to myFICO, it's also up to the CRAs. Remember EX wouldn't let myFICO sell their scores for awhile.

Yeah, ..Guiness reminded me of that when I started spoutin off about it in another thread lol.

Re: New Scores are coming to MyFico??

Anonymous — Tue, 04 Feb 2014 03:58:54 GMT

@Lechte wrote:
@Shogun wrote:
I agree, but then again, you have to remember that myFICO can only sell what they allow them to sell. It's not just up to myFICO, it's also up to the CRAs. Remember EX wouldn't let myFICO sell their scores for awhile.
Yeah, ..Guiness reminded me of that when I started spoutin off about it in another thread lol.

Lol.