topic Re: Help!! Frustrated!! in General Credit Topics

Help!! Frustrated!!

TULO30 — Thu, 15 Nov 2007 11:04:40 GMT

I am getting really frustrated about my FICO score statements and I could really use some help.

Currently myfico.com shows my scores as TU-693, EX-693, EQ-700.

The problem is when I go to the Experian website (I am also a subscriber there) it shows my score as 663. This is about 40 points lower than the scores I am given on this website!!

I don't get the variations. How am I to know what my REAL score is?

Re: Help!! Frustrated!!

Anonymous — Thu, 15 Nov 2007 13:05:13 GMT

The score you receive from myFICO are the only ones that matter. The EXP score is a FAKO- read the 101 thread.

@TULO30 wrote:
I am getting really frustrated about my FICO score statements and I could really use some help.
Currently myfico.com shows my scores as TU-693, EX-693, EQ-700.
The problem is when I go to the Experian website (I am also a subscriber there) it shows my score as 663. This is about 40 points lower than the scores I am given on this website!!
I don't get the variations. How am I to know what my REAL score is?

Re: Help!! Frustrated!!

TULO30 — Thu, 15 Nov 2007 13:12:54 GMT

Timothy, thank you for your response. I am familiar with the FAKO/FICO concept. But, my understanding is that the Experian score that is given out freecreditreport.com is not a FAKO it is a FICO score.

Does anyone know? Is the experian score given on freecreditreport.com a FAKO?

Thank you for your help!

Re: Help!! Frustrated!!

George2037 — Thu, 15 Nov 2007 13:17:45 GMT

Only place to get a FICO score is FICO. The CRA's don't want to pay FICO for a real FICO score so they created their own FACKO system.

Re: Help!! Frustrated!!

Anonymous — Thu, 15 Nov 2007 13:20:31 GMT

Yes that is a FAKO-

Eq sells a FICO, at myFICO you get a FICO and some hidden place on TU you can get a FICO-

That is it-no where else

@TULO30 wrote:
Timothy, thank you for your response. I am familiar with the FAKO/FICO concept. But, my understanding is that the Experian score that is given out freecreditreport.com is not a FAKO it is a FICO score.
Does anyone know? Is the experian score given on freecreditreport.com a FAKO?
Thank you for your help!

Re: Help!! Frustrated!!

TULO30 — Thu, 15 Nov 2007 13:35:26 GMT

Wow! Interesting that they Experian is not providing a true fico score on freecreditreport.com

Just one more question...

If the credit bureaus do not provide FICO scores to us, which scores are they providing to bank, credit card companies, etc?

Don't these companies solicit the credit bureaus for our scores when we apply for credit?

Re: Help!! Frustrated!!

Anonymous — Thu, 15 Nov 2007 13:51:46 GMT

OK-
CRA's (TU, EQ, EQ)are data collectors.

When someone pulls your report/score it runs though the FICO formula and spits out a score.

So the better answer is - EX does not sell FICO scores to consumers.

@TULO30 wrote:
Wow! Interesting that they Experian is not providing a true fico score on freecreditreport.com
Just one more question...
If the credit bureaus do not provide FICO scores to us, which scores are they providing to bank, credit card companies, etc?
Don't these companies solicit the credit bureaus for our scores when we apply for credit?

Re: Help!! Frustrated!!

TULO30 — Thu, 15 Nov 2007 19:43:44 GMT

Okay, got it. Thank you very much!!

Re: Help!! Frustrated!!

gNaRKiLL — Thu, 15 Nov 2007 19:56:38 GMT

I think you guys are wrong about ex, when you sign up for their service it says you get unlimited free reports of ex with Fico scores.

Re: Help!! Frustrated!!

Anonymous — Thu, 15 Nov 2007 21:00:05 GMT

Please post a link.

@gNaRKiLL wrote:
I think you guys are wrong about ex, when you sign up for their service it says you get unlimited free reports of ex with Fico scores.