CITI'S FICO SCORE

[Kostya1992]

Why is everyone so worried about that score it is meaningless the only important score is EQ04.

[bigbang91]

---

@Kostya1992 wrote:
Why is everyone so worried about that score it is meaningless the only important score is EQ04.

---

Not really, EQ04 only important if you apply for mortgage. For credit card lenders, irrelevant

[fot1]

Is the DC eligible for this? I just got this card last month and would love the Equafax fico

[Anonymous]

My DC has this. Not sure if it counts as a FAKO or not, since it isn't what people would ordinarily think of as their FICO score. 

[bigbang91]

---

@Anonymous wrote:

My DC has this. Not sure if it counts as a FAKO or not, since it isn't what people would ordinarily think of as their FICO score. 

---

Its real Fico 08,but bankcard version, much more creditcard focus

[Kostya1992]

---

@bigbang91 wrote:

---

@Kostya1992 wrote:
Why is everyone so worried about that score it is meaningless the only important score is EQ04.

---

Not really, EQ04 only important if you apply for mortgage. For credit card lenders, irrelevant

---

A mortgage at the best rates overshadows any credit cards.

[bdhu2001]

---

@Kostya1992 wrote:

---

@bigbang91 wrote:

---

@Kostya1992 wrote:
Why is everyone so worried about that score it is meaningless the only important score is EQ04.

---

Not really, EQ04 only important if you apply for mortgage. For credit card lenders, irrelevant

---

A mortgage at the best rates overshadows any credit cards.

---

True, but most of us will apply for more credit cards than mortgage loans. I'm in my mid 50s and have only had three new mortgage loans.  I've refinanced for lower rates, but even counting those, I'd probably only get up to 6-7 mortgages.  I can safely tell you that I've applied a lot more frequently for credit card / revolving debt.

I just purchased a new home so it'll be quite a while before I apply for another mortgage loan, but I will be applying for the new Costco Exec card and who knows what else during the 30 year term of my mortgage.  Don't get me wrong, I'll pay off my mortgage in 20 years at the latest; but my best scenario for paying off the mortgage, 10 years, will still be a lot longer than the time frame before I'll apply for other revolving credit.

[Anonymous]

---

@bigbang91 wrote:

---

@Kostya1992 wrote:
Why is everyone so worried about that score it is meaningless the only important score is EQ04.

---

Not really, EQ04 only important if you apply for mortgage. For credit card lenders, irrelevant

---

And why EQ?   Don't they usually pull all three and use the middle one.  That's been my experience

[JSS3]

They denied me increases in March; citing January scores and negative factors. Meanwhile, the score on their own site is way up! The reasons for denial are no longer applicable!

[Anonymous]

As of today 4/8 my score is still the 2/24 pull- seriously, what good is 6 week old info?  Citi needs to get their act together