myFICO vs WaMu FICO

UpNComing · ‎05-06-2008

myFICO has my TU FICO at 669 and WaMu has my TU FICO at 684. Anyone run into this? WaMu claims to be FICO, or is it Fako?

CSP ($5k); Chase MileagePlus Explorer Visa Sig. ($6k); Chase Freedom Visa Sig. ($6k); BankAmericard Cash Rewards Visa Sig. ($5k); Amex PRG (NPSL); Amex BCE ($1k); Citi Thank You ($5.4k); Barclay Apple ($4.2k) CapOne Cash ($2.5k) CapOne Platinum ($2.5k) Wells Fargo Home Project Visa ($10.3k) Discover IT ($1.5k) WalMart ($3k); Lowes ($3k); Amazon ($5k); Kohls($1.5k)

Scores: Equ Fico 715 ~ Exp 724 ~ TU Fico 682

Anonymous · ‎05-06-2008

UpNComing wrote:

myFICO has my TU FICO at 669 and WaMu has my TU FICO at 684. Anyone run into this? WaMu claims to be FICO, or is it Fako?

The score you get with WaMu is a FICO, but it's a bankcard-enhanced FICO. With this score, your credit card accounts are weighted more heavily than they are in the Classic FICO scores you can get at myFICO.

UpNComing · ‎05-06-2008

So in other words, my credit card credit is the best part of my FICO?

CSP ($5k); Chase MileagePlus Explorer Visa Sig. ($6k); Chase Freedom Visa Sig. ($6k); BankAmericard Cash Rewards Visa Sig. ($5k); Amex PRG (NPSL); Amex BCE ($1k); Citi Thank You ($5.4k); Barclay Apple ($4.2k) CapOne Cash ($2.5k) CapOne Platinum ($2.5k) Wells Fargo Home Project Visa ($10.3k) Discover IT ($1.5k) WalMart ($3k); Lowes ($3k); Amazon ($5k); Kohls($1.5k)

Scores: Equ Fico 715 ~ Exp 724 ~ TU Fico 682

Anonymous · ‎05-06-2008

UpNComing wrote:

So in other words, my credit card credit is the best part of my FICO?

Maybe. It could also mean that you don't have much going on on your reports other than credit cards.

It's also not possible to do a direct comparison because Classic FICOs run 300-850 while bankcard-enhanced FICOs run 250-900.

Message Edited by cheddar on 05-06-2008 10:00 AM

UpNComing · ‎05-06-2008

The latter sounds more likely I think. I have a mortgage and two autos as well.

CSP ($5k); Chase MileagePlus Explorer Visa Sig. ($6k); Chase Freedom Visa Sig. ($6k); BankAmericard Cash Rewards Visa Sig. ($5k); Amex PRG (NPSL); Amex BCE ($1k); Citi Thank You ($5.4k); Barclay Apple ($4.2k) CapOne Cash ($2.5k) CapOne Platinum ($2.5k) Wells Fargo Home Project Visa ($10.3k) Discover IT ($1.5k) WalMart ($3k); Lowes ($3k); Amazon ($5k); Kohls($1.5k)

Scores: Equ Fico 715 ~ Exp 724 ~ TU Fico 682

Anonymous · ‎05-06-2008

its kinda like when you go to a car dealership. they are fico but they will usually give you your auto fico which just means your auto stuff is just weighed more heavily

UpNComing · ‎05-06-2008

ruggiero06 wrote:
its kinda like when you go to a car dealership. they are fico but they will usually give you your auto fico which just means your auto stuff is just weighed more heavily

Funny you say that. I'm the GSM at a car dealership.

CSP ($5k); Chase MileagePlus Explorer Visa Sig. ($6k); Chase Freedom Visa Sig. ($6k); BankAmericard Cash Rewards Visa Sig. ($5k); Amex PRG (NPSL); Amex BCE ($1k); Citi Thank You ($5.4k); Barclay Apple ($4.2k) CapOne Cash ($2.5k) CapOne Platinum ($2.5k) Wells Fargo Home Project Visa ($10.3k) Discover IT ($1.5k) WalMart ($3k); Lowes ($3k); Amazon ($5k); Kohls($1.5k)

Scores: Equ Fico 715 ~ Exp 724 ~ TU Fico 682

Anonymous · ‎05-06-2008

oh really...what kinda dealership... i work at a Volkswagen dealership

UpNComing · ‎05-06-2008

ruggiero06 wrote:
oh really...what kinda dealership... i work at a Volkswagen dealership

Me too. Thats funny. VW, Pontiac, Buick, GMC and Infiniti. What do you do? What state?

CSP ($5k); Chase MileagePlus Explorer Visa Sig. ($6k); Chase Freedom Visa Sig. ($6k); BankAmericard Cash Rewards Visa Sig. ($5k); Amex PRG (NPSL); Amex BCE ($1k); Citi Thank You ($5.4k); Barclay Apple ($4.2k) CapOne Cash ($2.5k) CapOne Platinum ($2.5k) Wells Fargo Home Project Visa ($10.3k) Discover IT ($1.5k) WalMart ($3k); Lowes ($3k); Amazon ($5k); Kohls($1.5k)

Scores: Equ Fico 715 ~ Exp 724 ~ TU Fico 682