topic Re: Fico/Fako Which one is closest? in Rebuilding Your Credit

Fico/Fako Which one is closest?

Onthe27thday — Tue, 03 Jun 2014 17:21:55 GMT

Hey guys, I find myself confused about the scores I am pulling. Some I KNOW are fakes... others, not so sure.

USAA Credit Monitoring: EX: 601 EQ: 596 TU: 606 are these Fakos?

Credit Sesame: 613

Discover Statement: is this a FICO? or Fake? 665

Capital One Tracking: is this a FICO or Fake? 622

Credit Karma: 624

Because the scores are all over the place, I'm having a hard time finding a medium. These scores range from poor credit to average credit depending on what site I'm on. I am just wondering if I'm out of the poor category or not yet.

Also, I have a new Auto Loan and Secured CC that are not yet reporting. Does anyone know if I should expect to see an increase or a decrease in scores once they report?

Thanks for any help you can give.

Re: Fico/Fako Which one is closest?

Shogun — Tue, 03 Jun 2014 17:06:39 GMT

All FAKOS.....

Re: Fico/Fako Which one is closest?

baller4life — Tue, 03 Jun 2014 17:07:37 GMT

Discover is the only Fico. Pulled from TU. The others are fakos.

Re: Fico/Fako Which one is closest?

baller4life — Tue, 03 Jun 2014 17:08:57 GMT

Shogun. I thought Discover was fico. Wait are you talking the score on monthly statement OP?

Re: Fico/Fako Which one is closest?

Onthe27thday — Tue, 03 Jun 2014 17:11:50 GMT

I was referring to the credit score on the monlthy statement, I believed that I had seen that it was a FICO before... but I guess not Thanks for your help!

Re: Fico/Fako Which one is closest?

Shogun — Tue, 03 Jun 2014 17:12:53 GMT

@baller4life wrote:
Shogun. I thought Discover was fico. Wait are you talking the score on monthly statement OP?

Discover provides a TU FICO 08 with the discover card. However, the Discover Tracking is a FAKO provided from Experian.

Re: Fico/Fako Which one is closest?

baller4life — Tue, 03 Jun 2014 17:13:52 GMT

Yes yes yes the score on your Discover monthly statement is your TU FICO! The others are all fakos.

Re: Fico/Fako Which one is closest?

baller4life — Tue, 03 Jun 2014 17:15:35 GMT

Ok I have never even heard of Discover Tracking. Where is that offered?

Re: Fico/Fako Which one is closest?

Shogun — Tue, 03 Jun 2014 17:17:06 GMT

@baller4life wrote:
Ok I have never even heard of Discover Tracking. Where is that offered?

https://www.discover.com/credit-cards/member-benefits/security/protection-solutions/credit-scoretracker.html

Re: Fico/Fako Which one is closest?

baller4life — Tue, 03 Jun 2014 17:49:44 GMT

Thanks for link. Wouldn't even give me details because they are not accepting new enrollment at this time. So, let me get this straight because I have only had mine a week. The score we receive with our card is the only TU FICO we receive? The score on the monthly statement is EX Fako???.

Re: Fico/Fako Which one is closest?

Shogun — Tue, 03 Jun 2014 17:28:13 GMT

@baller4life wrote:
Thanks for link. Wouldn't even give me details because they are not accepting new apps at this time. So, let me get this straight because I have only had mine a week. The score we receive with our card is the only TU FICO we receive? The score on the monthly statement is EX Fako???.

NO... this was a seperate program, it's been around for awhile. I think it was phased or being phased out.

Your monthly score provided to you is a TU FICO08 score from Discover.

Re: Fico/Fako Which one is closest?

myjourney — Tue, 03 Jun 2014 17:30:44 GMT

@Shogun wrote:
@baller4life wrote:
Thanks for link. Wouldn't even give me details because they are not accepting new apps at this time. So, let me get this straight because I have only had mine a week. The score we receive with our card is the only TU FICO we receive? The score on the monthly statement is EX Fako???.
NO... this was a seperate program, it's been around for awhile. I think it was phased or being phased out.

Your monthly score provided to you is a TU FICO08 score from Discover.

Yes sir phased out for membership about 1 1/2 ago

Re: Fico/Fako Which one is closest?

baller4life — Tue, 03 Jun 2014 17:48:21 GMT

WHEW... Scared me for a sec there. lol. I was pretty sure that the score on the monthly statement was FICO. Thanks guys for clarifying. Hope this helps the OP as well. All the ones you listed are FAKOS. Only your Discover monthly statement score is FICO.

Re: Fico/Fako Which one is closest?

baller4life — Tue, 03 Jun 2014 17:53:18 GMT

@Onthe27thday wrote:
Hey guys, I find myself confused about the scores I am pulling. Some I KNOW are fakes... others, not so sure.

USAA Credit Monitoring: EX: 601 EQ: 596 TU: 606 are these Fakos?
Credit Sesame: 613
Discover Statement: is this a FICO? or Fake? 665
Capital One Tracking: is this a FICO or Fake? 622
Credit Karma: 624

Because the scores are all over the place, I'm having a hard time finding a medium. These scores range from poor credit to average credit depending on what site I'm on. I am just wondering if I'm out of the poor category or not yet.

Also, I have a new Auto Loan and Secured CC that are not yet reporting. Does anyone know if I should expect to see an increase or a decrease in scores once they report?

Thanks for any help you can give.

Depends if you will see a score increase. I did when my Cap 1 secured started reporting because I didn't have any other revolving credit. Some profiles will see a decrease because it affects your AAoA. YMMV

Re: Fico/Fako Which one is closest?

Onthe27thday — Tue, 03 Jun 2014 18:27:12 GMT

Thanks for being so thorough with the information! I will pray that it's not a decrease! You guys have helped alot