FICO 09 score available

[ddemari]

Irish yes they are giving all the scores they used too. And FICO 09 regular, bank card and auto score. I might pull EX and I'll report back.

[ddemari]

I'm curious to know why they are offering 09 scores too

[JLK93]

I just pulled my Equifax report. It is showing Fico 9 too.

My Equifax Fico 9 is 850 also. That is 11 points higher than Equifax Fico 8. I wasn't expecting that big of a jump.

[manyquestions]

---

@ddemari wrote:
I'm curious to know why they are offering 09 scores too

---

Enhancing the product they are selling to us to rekindle peoples interest in purchasing scores from myfico. $$  Maybe too many people are dropping their subscriptions. Need to jazz it up. Increase sales. Profit!

[JLK93]

I now have 850s across the board.

Transunion     8: 849       9: 850

Equifax           8: 839       9: 850

Experian         8: 819       9: 850

I'm surprised that there is so much of a jump the the Experian score.

[manyquestions]

---

@oilcan12 wrote:

I now have 850s across the board.

Transunion     8: 849       9: 850

Equifax           8: 839       9: 850

Experian         8: 819       9: 850

I'm surprised that there is so much of a jump the the Experian score.

---

Does your EX have anything negative that 09 ignores?

[JLK93]

---

@manyquestions wrote:

---

@oilcan12 wrote:

I now have 850s across the board.

Transunion     8: 849       9: 850

Equifax           8: 839       9: 850

Experian         8: 819       9: 850

I'm surprised that there is so much of a jump the the Experian score.

---

Does your EX have anything negative that 09 ignores?

---

I have 9 inquiries on Experian less than a year old.

AAoA on TU is 10 years.

AAoA on EX and EQ is 8 years and 10 months.

[Anonymous]

Purchased all 3 and every 09 score is with 5-10 points of my 08 scores,

[Anonymous]

---

@oilcan12 wrote:

---

@manyquestions wrote:

---

@oilcan12 wrote:

I now have 850s across the board.

Transunion     8: 849       9: 850

Equifax           8: 839       9: 850

Experian        8: 819       9: 850

I'm surprised that there is so much of a jump the the Experian score.

---

Does your EX have anything negative that 09 ignores?

---

I have 9 inquiries on Experian less than a year old.

AAoA on TU is 10 years.

AAoA on EX and EQ is 8 years and 10 months.

---

This is the most interesting news I have heard in a while.  REALLY surprsises me that the new model will give a perfect 850 to someone with nine inquiries (!) less than a year old -- and I am guessing multiple credit cards less than a year old too.  Fascinating.

I am not surprised that you have no negatives, however (in your answer to MQ).  Your FICO 8 was 819 and I am pretty sure it is impossible to have an 819 with even one small negative item.

[Thomas_Thumb]

Ok - I pulled my 3B a month early, could not resist now that Fico 09 is included.

My reports still show holiday spending [all cards reported balances, 17% UT on a BB card; 52% UT on my AMEX charge card (based on HB since NPSL) and overall UT of 4%. It makes for good comparison to an older report where only 3 cards were reporting - AMEX only had a $1 charge on it and overall utilization at the time was 1% with no cards over 10%.

Observations:

1) As with Fico 08 classic, Fico 09 classic has a significant "buffer" at the top end allowing for 850 scores to be achieved/maintained under a variety of conditions.

2) Fico 08 and Fico 09 bankcard scores do not appear to have a significant buffer. A top score is still possible, but it is easy to fall from grace.

3) Although inquiries may be less of a factor, Fico 09 appears to taken a step back from Fico 08 in that # cards reporting a balance influence score more (based on comparing bankcard results).

4) It may be possible that Fico 09 weighs individual card UT% more heavily than Fico 08 but, that is pure conjecture given the limited data.

 - So much for the transactor designation and potential PIF benefit - maybe next year?

5) Equifax is cruel and the tweaks they put on their Fico score 5 (a Fico 04 model) SEVERLY penalize those that let balances report on all their cards. TransUnion and Experian put significantly less emphasis on # cards reporting a balance on their Fico 04 model tweaks. [side note TU and EX may be categorizing my AMEX as a charge card, whereas EQ may not - thus, the reported balance/HB on AMEX may therefore be influencing EQ differently  ... summary on EQ and EX show the same card details but EX lists one less revolver in the account summary table]

6) EX Fico 98 appears to be negatively affected by increasing cards reporting a balance from 50% to 100%.

7) Although not shown, my enhanced auto scores behaved in exactly the same way as the enhanced bankcard scores for Fico 09, Fico 08 and Fico 04. Again, EQ slammed Fico 04 classic and Fico score 5 (Fico 04) enhanced scores big time (over 50 points). The other CRAs lowered scores - but less than 15 points.

Fico 9 link:  http://www.fico.com/en/node/8140?file=7786

Other Fico link: http://www.car.org/media/pdf/Back_to_Basics_FICO_Myths_Debunked.pdf

Model	Cards reporting	Date	EQ	TU	EX
Fico 09	6 of 6	Feb-16	850	850	850
Fico 08	6 of 6	Feb-16	850	850	850
Fico 08	3 of 6	Nov-15	850	850	850
Fico 09 BC	6 of 6	Feb-16	867	869	873
Fico 08 BC	6 of 6	Feb-16	874	880	895
Fico 08 BC	3 of 6	Nov-15	886	900	900
Fico 04	6 of 6	Feb-16	764	812	811
Fico 04	3 of 6	Nov-15	809	815	830
Fico 98	6 of 6	Feb-16	n/a	n/a	832
Fico 98	3 of 6	Nov-15	n/a	n/a	837

Edit added 2nd table-

Model	Cards reporting	Date	EQ score 5	TU score 4	EX score 2
Fico Bankcard	6 of 6	Feb-16	770	837	853
Fico Bankcard	3 of 6	Nov-15	826	850	865