Different Scores

[Anonymous]

Hi,

I know this is probably normal with credit scores,but  I got 3 different scores in one week from Equifax.  I pulled my score (699) from myfico.com on the 28th of Sept.  Then I app for Citi card and BofA card on Oct.1 and 2, respectively.  The score I got from Citi is 711 and 750 from BofA.  I am guessing is that Citi and BofA have their own formula to come up with a score.  Does anyone know if that is the case?  I am just a little curiuos that's all.  Thanks.

[llecs]

The EQ FICO score from here is what virtually all mortgage lenders use (Beacon 5.0). There's a chance that at least one of your CC issuers used a CC-enhanced FICO score which weighs your CC experience a little more. There's also a possibility that they used a newer version of Classic score like the Beacon 9.0 (rare number use this). There's always the possibility they used a different FICO score than what is just mentioned.  And it's possible that they didn't use FICO at all, like their own score as you mentioned.

Did they publish a score range for you? That would be important. And also check to make sure EQ was pulled. IME, BofA always pulled EX.

[Anonymous]

The range for Citi is 250 to 900 and BofA is 300 to 850.  Which mean that BofA used the Fico method right?

[GregB]

The BankCard enhanced versions of both Beacon 5.0 and Beacon 9 have a range of 250-900.

Is your CC history better than your history in general?