Chase gave me credit info

[Anonymous]

Hey All,

So, I just got the new Chase Freedom Unlimited. Today I got the card and all the info that comes with it. I don't remember seeing this info with my original freedom, but they gave me info about my score.

My credit score was 683. Score name: credit acquisition risk score.

I know they pulled both eq and ex bc myfico updated the inquiries. My eq now, is 682, probably lost a point cause of the inquiry.

They said the range of scores goes from 250 to 900. This seems different, to me. I thought fico was 300 or 350 to 800 or 850.

They then gave me some key factors about my score, which I knew already. I just thought this was pretty cool. I don't remember seeing this with my other apps, but maybe I missed it, but what is the scoring model "card acquisition risk score"?

[Anonymous]

Update: I found my original freedom paperwork. I have no idea where they are getting these scores. Are they pulling vantage? I had a 701 in Jan and they pulled both ex and eq. I went to a credit union 2 wks later, before that card even reported and had a 640. I have no idea how they are getting these. The one they pulled for the FU matches perfect with myfico. This 701, that I never saw is strange.

[Anonymous]

Card Acquisition Risk Score is Chase's internal scoring system.

[Anonymous]

Interesting. They now match with what I truly have, but the 701 was much much higher than the actual 640 I had at that time. I wonder how the heck they came up with 701 at that time with as low as I was. Now, I don't have a defaulted loan on my report and my utilization is excellent. I do have more accts now, so maybe that has something to do with it. Would love to see 701 on my fico 8 scores, but I'll have to give it time. I have raised my ex score from 623 to 676. Eq from 640 to 682 and tu from 650ish to 680. I've improved greatly, but they're model shows I am going backwards, although I know this isn't the case. They didn't seem to have any answers when I called.

[RonM21]

That's okay, being it's their internal score I wouldn't concern yourself with it too much. Keep doing what you're doing with the great improvement ad you'll have no worries.

[takeshi74]

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@Anonymous wrote:
My credit score was 683. Score name: credit acquisition risk score.

I know they pulled both eq and ex bc myfico updated the inquiries. My eq now, is 682, probably lost a point cause of the inquiry.

They said the range of scores goes from 250 to 900. This seems different, to me. I thought fico was 300 or 350 to 800 or 850.

Credit acquisition risk score isn't a FICO.  FICO models don't have just one range.  The "classic" models like FICO 8 range up to 850 but there are other FICO models with different scoring ranges.  See also the Understanding FICO Scoring subforum and its stickies.

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@Anonymous wrote:
They then gave me some key factors about my score, which I knew already. 

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It's not uncommon for those to be provided but that can vary by creditor.  You can also read up here to work on getting a better understanding of how your report data impacts score.  This isn't a definitive all-in-one resource but just a starting point:

http://www.myfico.com/crediteducation/whatsinyourscore.aspx

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@Anonymous wrote:
I've improved greatly, but they're model shows I am going backwards, although I know this isn't the case.

As I indicated in your other thread, you can't assume the different models will react the same way.  Variances and trending may differ between two given models.  Different models evaluate report data differently.  Some may, for just one example, penalize more for new accounts.

Always consider the specific model as well as the CRA/model combo's relevance to a given creditor.  Chase's CARS isn't going to be relevant to other creditors.  Adidtionally, unless you're applying for new credit, requesting CLI's, etc score doesn't really matter.  You do want to keep an eye on them and consider them but, again, I recommend focusing on your report data versus just obsessing over the numbers.  Good reports will lead to good scores.