Discrepancy in Credit Score Between MyFICO Report and Navy FCU Denial Letter

[dytch2220]

I recently got denied for overdraft protection and an unsecured card from Navy FCU which I applied for on the same day as my auto loan that was approved.  Any ideas why they would report that I had a credit score of 625 out of 818 versus the MyFICO scores which currently range from 510 to 535 out of 850 (this is up from where it was when I applied for the loan, these are not updated on my signature because the full run of scores won't be available until 7/26).  I know this is different from Navy's internal credit score which only goes to the mid 400's.  Looking forward to hearing your ideas on this.

[Anonymous]

The scores you're seeing are generated using 2 different scoring models.  In essence, it's an apples to oranges score comparison.  A score that tops out at 818 is probably one of the mortgage scores, where the 850 topped out scores are from more commonly used models like Fico 8 or even Fico 9 these days.

2 scores generated at the same time, using the same bureau data and the same scoring model will always exactly match.

[dytch2220]

I guess this makes sense as my FICO 5 score was 634 on 6/26 and could have been reduced by inquiries, resulting in a 625 at the time of the denial.