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Credit scoring systems question

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Anonymous
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Credit scoring systems question

I tried searching for this answer, but I couldn't find anything so I apologize if this has already been asked...

 

I was just wondering how FICO scores usually compare to the fakos... Are they generally higher or lower or about the same?

 

Specifically I'm wanting to know the difference between FICO and Plus scores. If I get my scores from somewhere that uses plus scores, should I expect my FICO scores to be a lot different or about the same?

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Accepted Solutions
Junejer
Moderator Emeritus

Re: Credit scoring systems question

Scubagirl, I must tell you that there is absolutely no correlation between a FICO score and a FAKO score. The algorithms are completely different. Your FICO could be higher, lower or equal to your FAKO and all would be sheer coincidence.

Just do a search on FAKO and you will certainly come up with more threads than you can read on the subject.






Starting Score: 469
Current Score: 819
Goal Score: 850
Highest Scores: EQ 850 EX 849 TU 850
Take the myFICO Fitness Challenge
Message 2 of 2
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Junejer
Moderator Emeritus

Re: Credit scoring systems question

Scubagirl, I must tell you that there is absolutely no correlation between a FICO score and a FAKO score. The algorithms are completely different. Your FICO could be higher, lower or equal to your FAKO and all would be sheer coincidence.

Just do a search on FAKO and you will certainly come up with more threads than you can read on the subject.






Starting Score: 469
Current Score: 819
Goal Score: 850
Highest Scores: EQ 850 EX 849 TU 850
Take the myFICO Fitness Challenge
Message 2 of 2
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