Lots of them. "FICO" is simply a family of formulas or scoring systems owned by the Fair Isaacs Corporation, with lots of different versions meant to measure risk for different purposes. All three big credit rating agencies pay Fair Isaacs for the use of many different FICO scoring methods, because various lenders request different types of evaluations of potential credit customers ("credit reports"). The ones you'll see most often are the 8 series models that came out ~10 years ago, with different models for revolving credit, and autos. Older models are often used for mortgages. A few other types of lenders haven't bothered to change to newer versions (presumably the older ones have continued to work satisfactorily for them -- kind of like iphones or w/e, you don't have to have the newest most expensive thing just because it exists).
Approaching it from a ruthless efficiency perspective, you'd likely do best by posting the following: FICO 8 Auto scores (all), FICO 8 base scores (all), and EX FICO 2, TU FICO 4, and EQ FICO 5. Very few places are using FICO 9, you suggest that's not as good as your FICO 8 scores anyway so can skip those.
Some lenders will pull known scores especially out of the last 3 and there's something to be said for targetting it. Dealerships are mostly on FICO 8 AU, larger banks hard to say could be either AU or maybe a classic score. CU's generally use one score for everything not mortgage, and can be targetted as a result.
@Revelate wrote:Approaching it from a ruthless efficiency perspective, you'd likely do best by posting the following: FICO 8 Auto scores (all), FICO 8 base scores (all), and EX FICO 2, TU FICO 4, and EQ FICO 5. Very few places are using FICO 9, you suggest that's not as good as your FICO 8 scores anyway so can skip those.
Some lenders will pull known scores especially out of the last 3 and there's something to be said for targetting it. Dealerships are mostly on FICO 8 AU, larger banks hard to say could be either AU or maybe a classic score. CU's generally use one score for everything not mortgage, and can be targetted as a result.
is there free way to get fico08 auto?
Starting Score: Ex08-732,Eq08-713,Tu08-717
@Subexistence wrote:
@Revelate wrote:Approaching it from a ruthless efficiency perspective, you'd likely do best by posting the following: FICO 8 Auto scores (all), FICO 8 base scores (all), and EX FICO 2, TU FICO 4, and EQ FICO 5. Very few places are using FICO 9, you suggest that's not as good as your FICO 8 scores anyway so can skip those.
Some lenders will pull known scores especially out of the last 3 and there's something to be said for targetting it. Dealerships are mostly on FICO 8 AU, larger banks hard to say could be either AU or maybe a classic score. CU's generally use one score for everything not mortgage, and can be targetted as a result.
is there free way to get fico08 auto?
Not that I'm aware of and I suspect it's truly unlikely; the reason we get most free FICO scores at all is through FICO Open Access, and since no dealer carries the note or really does AR's (come to think of it, I don't think any secured debt outside of secured CC's do) where scores are looked at I rather doubt we'll ever get it for free.
If I weren't so gungho about trying to figure some stuff out about the algorithm, I probably wouldn't ever know my Auto scores except, maybe, when I was looking to purchase a vehicle. In reality if you know your baseline scores, and you do the likely always smart thing of arranging some financing before you step into a dealership (if you can, admittedly some people like myself when I started here had little choice in the matter at a 551 EX pulled by the dealer) then it really doesn't matter what the dealership or their banks pull.
Guess it comes down to my typical statement regarding credit scores: build a pretty file, and you'll get a pretty score regardless of what algorithm a lender chooses to use.