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FAKO - FICO=100?

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Regular Contributor

FAKO - FICO=100?

My Truecredit TU FAKO today is 632.
 
My FICO from myfico, on TU, is 532.
 
Anyone ever seen a 100 point difference?
From BK to 700 FICOs in 4.5 yrs.
Message 1 of 5
4 REPLIES 4
Senior Contributor

Re: FAKO - FICO=100?

It can happen. They are completely different scoring models.
If we never set higher goals we would never get as far.
sol, credit 101, acr, abbreviations, calc
Message 2 of 5
Frequent Contributor

Re: FAKO - FICO=100?



Joe77 wrote:
Anyone ever seen a 100 point difference?



Yes, my fako's are at least 100 pts lower on the average.
Message 3 of 5
Established Member

Re: FAKO - FICO=100?

My FAKOs were LOWER than my FICOs by some 50-70 points.

There is no conversion factor between the two scoring systems whatsoever. The 100 point difference you saw was sheer coincidence.
Ch. 7 BK filed Oct. 2005 (old law)

EQ=698, TU=715, EX=who cares?
Message 4 of 5
Established Contributor

Re: FAKO - FICO=100?

Joe, are u having a bad week?Smiley Tongue JK, really, 100 sounds way off! I hope next week is better 4u!
Message 5 of 5
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