topic Re: MYFICO question..... in General Credit Topics

MYFICO question.....

Anonymous — Mon, 12 Jun 2017 20:17:08 GMT

is the score that is being shown to me on myfico my real scores??? becuase a few months ago i applied for a credit card and got denied, and at the bottom it said that my experian score was 637 but in myfico its showing as 710.... or could it be that capital one pulled a diffrent version of my score?

Re: MYFICO question.....

dragontears — Mon, 12 Jun 2017 20:20:36 GMT

The score shown on myfico is your FICO 8 score, cap1 uses an older model so that is why the scores were different

Re: MYFICO question.....

Anonymous — Mon, 12 Jun 2017 20:23:15 GMT

ahhhhh ok i see, well it seems that companies use different scores but which one uses the FICO 8 version?? i just need it for futre refferences

Re: MYFICO question.....

SouthJamaica — Mon, 12 Jun 2017 20:28:53 GMT

@Anonymous wrote:
is the score that is being shown to me on myfico my real scores??? becuase a few months ago i applied for a credit card and got denied, and at the bottom it said that my experian score was 637 but in myfico its showing as 710.... or could it be that capital one pulled a diffrent version of my score?

Yes it's real. The one that gets updated all the time with MyFICO monitoring is FICO 8, which is probably the most used of the scoring models for credit cards.

Many lenders use other models, though. Those scores aren't updated for us until we pull a 3B report.

Capital One actually pulls EQ FICO 5.

Re: MYFICO question.....

SouthJamaica — Mon, 12 Jun 2017 20:31:44 GMT

@Anonymous wrote:
ahhhhh ok i see, well it seems that companies use different scores but which one uses the FICO 8 version?? i just need it for futre refferences

Many use FICO 8. I have random notes for just a few: Affinity FCU, Langley FCU, Santander Bank.