topic FICO and FAKO? in General Credit Topics

FICO and FAKO?

Schoolbuskid — Sun, 28 Oct 2007 00:28:59 GMT

I would like to know how do i get my real fico score. I have equifax and experian credit monitoring ! It seems like i remember reading something about those score being fako! I would just like to know my REAL scores if possible! Thanks for everything! Wonderful Site!

Re: FICO and FAKO?

haulingthescoreup — Sun, 28 Oct 2007 01:30:23 GMT

Your EQ might be a FICO. I know that their Score Watch and Score Power are basically the same as the FICO versions. EX is definitely FAKO.

Here's how you can tell for sure: while you're on this site, click on the Credit Education tab up at the top. It will take you to the page with the pie chart showing how your different credit factors are weighted, and you'll also see the official FICO score seal over on the right. If you don't see it with a credit score, it's not a FICO.

Re: FICO and FAKO?

Schoolbuskid — Sun, 28 Oct 2007 18:36:57 GMT

Which one do i check under credit education? EQ or EX?

Re: FICO and FAKO?

haulingthescoreup — Sun, 28 Oct 2007 18:57:55 GMT

Sorry, I was just trying to show you what the seal looks like. I went over to Internet Explorer so I could copy/ paste it on here. This is the lovely seal you're looking for--see if it appears on whatever scores you have. Your EQ score might well be FICO; I doubt that your EX score is.

Re: FICO and FAKO?

Anonymous — Sun, 28 Oct 2007 23:28:49 GMT

I signed up for the TC.....I don't see that kind of a seal on their score so does that mean that theirs is a Fako?

Re: FICO and FAKO?

haulingthescoreup — Sun, 28 Oct 2007 23:55:23 GMT

If by TC, you mean TrueCredit, no they are FAKO. However, they are GREAT for monitoring your credit reports. If your TC reports look like mine, they are very detailed for TU and EX, but for EQ, they are less so. On EQ, they don't show the march of green squares for payment history (although they do show the yellow, orange, and red), and they don't show the day of the month that the creditor updated. But overall, TC is good for daily (=24 hours + 1 minute) pulls. A lot of people here have been banned for supposed fraudulent activity by doing frequent or semi-frequent pulls, and others haven't been touched, go figure. This includes me, so far.

I use the myFICO site to look at scores, and TC to follow changes on my credit report. I do have Score Watch, and I go back and forth as to how useful it is. Since it did alert me to my new score bucket reassignment, I am keeping it on for now...

If you want to get a one-time baseline set of FICO scores, you might look at FICO® Credit Complete. They just changed the whole product line over the weekend, but this seems to be the one-time pull of all three reports and scores, emphasis on one-time. Be sure to Google FICO promo code or FICO discount code first. I think that this used to be called FICO Deluxe (not sure.) Enter the code on the payment screen when you are ordering whatever you get.

Message Edited by haulingthescoreup on 10-28-2007 04:55 PM