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FAKO Question

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Neblett
Regular Contributor

FAKO Question

Are FAKOs usually lower than FICO scores?  Or higher?  Or does it depend upon which way the wind is blowing?
Message 1 of 10
9 REPLIES 9
Tuscani
Moderator Emeritus

Re: FAKO Question

Mine are almost always lower.
Message 2 of 10
Anonymous
Not applicable

Re: FAKO Question

Depends on the wind, however, the FAKO's that you see are "enhanced" scoring. Mostly they figure the human element in to the score which effects the over all score number. Lenders don't usually use them, (in my case never) so you can use them as a guide as in if your FAKO score is going higher or lower, but the number it self is useless. Even the gains and drops are exaggerated with FAKOs.
Message 3 of 10
MidnightVoice
Super Contributor

Re: FAKO Question

My FAKOs average 30 points lower than my FICOs.
 
The funiest one is the TruCredit from TU is 70 points lower than the TU FICO   Smiley Very Happy


Message Edited by MidnightVoice on 06-08-2007 11:38 AM
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Message 4 of 10
MM1234
Regular Contributor

Re: FAKO Question

My TC FAKO is lower by 6 points - TU
My TC FAKO is lower by 55 points - EX
My TC FAKO is higher by 10 points - EQ
Message 5 of 10
fused
Moderator Emeritus

Re: FAKO Question

My FAKO's are always lower...I don't care though.  They are meaningless scores!
Message 6 of 10
Anonymous
Not applicable

Re: FAKO Question

my EX fako is almost 100 points lower than Fico 564 - 660 the other 2 are about 30 lower
 
Message 7 of 10
Tuscani
Moderator Emeritus

Re: FAKO Question

Message 8 of 10
Anonymous
Not applicable

Re: FAKO Question



@Tuscani wrote:





Tuscani - this is awesome.
Message 9 of 10
Anonymous
Not applicable

Re: FAKO Question

794 Vantage
691 FICO
661 Plus

I pulled them again later after paying off some debt.
870 Vantage
721 FICO
742 Plus
Message 10 of 10
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