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I'm shopping for a boat loan and was told that if I have a Beacon 09 score above 700 I should be good to go. My FICO 09 scores are at or above 700, but are they the same scoring model? I tried to search but couldn't find an answer. Thanks! - Ryan
@Anonymous wrote:I'm shopping for a boat loan and was told that if I have a Beacon 09 score above 700 I should be good to go. My FICO 09 scores are at or above 700, but are they the same scoring model? I tried to search but couldn't find an answer. Thanks! - Ryan
Equifax's BEACON 09 is actually their name for FICO 8...
http://www.fico.com/en/newsroom/equifax-and-fico-introduce-beacon-09-credit-score
That's what I was looking for, thanks!