Differences between EQ, EX, and TU scoring

[Anonymous]

I understand that fico generates a score based on what is showing on each report but if all reports showed identical info, why are there 3 difference scores? Did fico come to an agreement with each of them to create 3 separate formulas? Actually surely it has to be more than that with TU04 and 08 and beacon 5.0 and whatever other versions that I don't know about.

FWIW I'm talking about actual Fico scores.

[RobertEG]

Yes, each CRA is a separate customer, and licenses its own scoring algorithms from Fair Isaac.

[Anonymous]

---

@RobertEG wrote:

Yes, each CRA is a separate customer, and licenses its own scoring algorithms from Fair Isaac.

---

I figured as much. It seems weird yet logical.