topic Re: Question about experian report on this site in Rebuilding Your Credit

Question about experian report on this site

Booboo71 — Sun, 30 Mar 2014 04:16:36 GMT

the experian score on this site you can buy, is it accurate?

Re: Question about experian report on this site

mongstradamus — Sun, 30 Mar 2014 04:25:06 GMT

the score here is accurate for what it is, Its an fico score 08 version if i recall correctly. The bad news is there are over 50 different version of fico scores out there.

Re: Question about experian report on this site

Booboo71 — Sun, 30 Mar 2014 04:26:54 GMT

Thank you. So is equifax correct on here?

Re: Question about experian report on this site

CreditHealthy — Sun, 30 Mar 2014 16:20:14 GMT

good morning, I've seen post from members of the forum that has stated their Equifax score was right on the money when they had a lender pull or when they were applying for some sort of credit. The other scores, I try not to get too excited about on here cause you just never know what's real until someone has to pull your credit. All we can do is try to maintain healthy credit.

Re: Question about experian report on this site

Lechte — Sun, 30 Mar 2014 17:06:36 GMT

The EX FICO on this site is the newest model, 08. Some on here have stated that it matched the score some CCC's pulled. I don't believe the EX08 is used by a large amount of lenders yet. The TU here is TU98....outdated and rarely used, if even used at all. The EQ FICO is 04 model (Beacon 5.0), which will be the same score used by most Mortgage lenders.

Re: Question about experian report on this site

gdale6 — Sun, 30 Mar 2014 17:05:58 GMT

@Booboo71 wrote:
Thank you. So is equifax correct on here?

Yes for its version used.

This site gives a TU98, EQ Beacon 5 (04) and an EX 08. There are 49 different versions in each FICO year (bankcard, auto, collection, mortgage, etc).

Re: Question about experian report on this site

Lechte — Mon, 31 Mar 2014 00:11:29 GMT

I just read on another thread that myFICO has recently changed the EQ FICO model to beacon 9.0/EQ08. I wonder if that is true. If so, that kinda sucks. Why don't they just leave well enough alone with the product that most lenders are still using? If this is true...then myFICO, you lost my SW business...i'll just subscribe to EQ's SW.