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Question about Auto Fico

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bsal
Frequent Contributor

Question about Auto Fico

Hey guys I have a quick question. As your regular fico score improves aka *Beacon score* does your Auto fico scores improve as well with it ? Or is it just your auto fico scores improves when your only under a car loan installment? Hope I don't sound to confusing
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Anonymous
Not applicable

Re: Question about Auto Fico

Hope others with more expertise can chime in, but I can share this.

 

Looking at my last two myfico pulls my auto scores have gone up as my Fico 8 has gone up - not equal points but rising. All the scores are in the same range (fair/good at the time of these reports).

 

I've never had an auto loan, but I do have student loans, and a mortgage, so they likely contribute as they show a long history of paying down a large debt.

 

 

Message 2 of 3
bsal
Frequent Contributor

Re: Question about Auto Fico

Great !!! Thank you
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