Beacon score?

[Anonymous]

I think I have read on here that your beacon score is the same as EQ.? I recently tried to re-finance my car loanwith a CU, and was told a much lower score than my fico EQ. Do they figure your score diffrently? Thanks.

[llecs]

Both are FICO scores, but Beacon is an older version of the FIOC formula. Or maybe your CU was using an automobile-enhanced version of the formula.

[llecs]

To add.....Haulingthescoreup seems pretty knowledgable on the different versions.

[Anonymous]

They told me my beacon score was 549 i believe, and my fico EQ is actually 659. Big difference.

[Anonymous]

Beacon scores these days are "FAKO" scores, which means they are not reliable indicators of where your FICO score is at.

[Anonymous]

Could be the auto-enhanced FICO. My dealership referred to it as a "FICA"

[Anonymous]

I spoke to the CU yesterday, and they pulled EQ, and it was the auto enhanced score.

[Anonymous]

My CU says that Beacon Scores are more reliable........whatever. My fako (Beacon) is 545, my EQ Fico is 633.

[Anonymous]

thats totally different from what's my CU told me, They pulled my Beacon score which it came exactly same as EQ FICO score...

[Anonymous]

and how can we find about the auto enhanced FICO?