@tooleman694 wrote:My score went up 100 points!!!! 525 to 625. wowowowowowow.
Wow! I thought I looked good with a 35 point increase, but the conversion REALLY liked you! 
@bobebob wrote:
@bobebob wrote:I got the "upgrade", but I it is unclear to me exactly what my score is upgraded to.
Is this a change to a different version of FICO score?
I was pleased with the old one. I liked that if I applied for a mortgage, the number I had at myFICO matched the one the mortgage broker pulled.
If this is a move to a less-used scoring model in what sense is this an "upgrade".
My score went up 10pts.
But if it isn't a model that my potential creditors will look at then it doesn't exactly do me much good.
So will the number we see match what businesses that pull our credit will see?
Poked around the site and mostly answered my own questions:
1. The upgrade is to FICO '08 AKA FICO version 9.
2. According to FICO, the majority of lender pulls are now this version. So I suppose it is the best one to track going forward on SW.
Hmm, I need to do more research on the second point there.
@bobebob wrote:
@bobebob wrote:I got the "upgrade", but I it is unclear to me exactly what my score is upgraded to.
Is this a change to a different version of FICO score?
I was pleased with the old one. I liked that if I applied for a mortgage, the number I had at myFICO matched the one the mortgage broker pulled.
If this is a move to a less-used scoring model in what sense is this an "upgrade".
My score went up 10pts.
But if it isn't a model that my potential creditors will look at then it doesn't exactly do me much good.
So will the number we see match what businesses that pull our credit will see?
Poked around the site and mostly answered my own questions:
1. The upgrade is to FICO '08 AKA FICO version 9.
2. According to FICO, the majority of lender pulls are now this version. So I suppose it is the best one to track going forward on SW.
3. I also found what the major changes were in scoring from FICO '04:
A. High Usage more sensitive
B. Isolated late payments less sensitive
C. Authorizied Users checked out more thoughouly to make sure legit
D. Small balance collection accounts ignored (<$100)
My score went up about 7pts. (was comparing to an old # when I had said 10 above)
The only change I can see that might have affected me is them verifying AU's. My bump might have come from passing the test and them putting slightly more weight on that than in the older scoring model.
Actually the upgrade was to FICO 8 (they renamed FICO 08 to FICO 8 to try to clear up the marketing confusion); FICO 9 is the new as of yet unreleased algorithm which is going to be introduced this summer.
