@myjourney wrote:
@azguy13 wrote:
@arungupta2014 wrote:After reading the second link, it seems that there is no "true" FICO score as there are many ways of calculating the FICO score and there is no telling which score a given lender would use. Is this understanding correct?
Yes you are correct. There are a significantly large number of FICO scoring models depending on what type of credit you are applying for and the preference of the lender. Also. Many banks such as Chase heavily rely on internal scoring models.
It can be frustrating but the general idea of raising your scores applies to all models (paying on time, UTL, baddies) it is just weighed different per model.
With the recent launch of Fico 09
51 Fico scoring models out there
Lucky us. 
@myjourney wrote:
@azguy13 wrote:
@arungupta2014 wrote:After reading the second link, it seems that there is no "true" FICO score as there are many ways of calculating the FICO score and there is no telling which score a given lender would use. Is this understanding correct?
Yes you are correct. There are a significantly large number of FICO scoring models depending on what type of credit you are applying for and the preference of the lender. Also. Many banks such as Chase heavily rely on internal scoring models.
It can be frustrating but the general idea of raising your scores applies to all models (paying on time, UTL, baddies) it is just weighed different per model.
With the recent launch of Fico 09
51 Fico scoring models out there
Where are you getting that number from? I'm too lazy too count 
.
@Revelate wrote:
@myjourney wrote:
@azguy13 wrote:
@arungupta2014 wrote:After reading the second link, it seems that there is no "true" FICO score as there are many ways of calculating the FICO score and there is no telling which score a given lender would use. Is this understanding correct?
Yes you are correct. There are a significantly large number of FICO scoring models depending on what type of credit you are applying for and the preference of the lender. Also. Many banks such as Chase heavily rely on internal scoring models.
It can be frustrating but the general idea of raising your scores applies to all models (paying on time, UTL, baddies) it is just weighed different per model.
With the recent launch of Fico 09
51 Fico scoring models out there
Where are you getting that number from? I'm too lazy too count
Lol
Hi ya Rev,
Up until recently there were 49 models as of 2012
Now with the addition of the newest Fico 08 model and Fico 09.....
51 total
There's a list of each somewhere but I'm to lazy to go find it again Lol
Edit could be more Lol
Pretty certain it doesn't track like that .
I'm fairly confident it's counting individual options in a given version vis a vis FICO 8 on Experian has the standard Risk model, Bankcard and Auto industry options... and perhaps a mortgage one though I don't see that on one of their published disclosures but as a sample from EX and I know there's similar from TU published, not certain on EQ.
Experian Models:
FICO 8 models (2009)
Experian/FICO® Risk Model v8
Experian/FICO® Bankcard Risk Model v8
Experian/FICO® Auto Risk Model v8
Previous FICO Score models (2005)
Experian/FICO® Risk Model v3
Experian/FICO® Bankcard Risk Model v3
Experian/FICO® Auto Risk Model v3
Experian/FICO® Personal Finance Risk Model v3
Experian/FICO® Installment Risk Model v3
FICO Score models (1999)
Experian/FICO® Risk Model v2
Experian/FICO® Bankcard Risk Model v2
Experian/FICO® Auto Risk Model v2
Experian/FICO® Personal Finance Risk Model v2
Experian/FICO® Installment Risk Model v2
Experian/FICO® Bankruptcy Score
Experian/FICO® Advanced Risk Score 2.0
Experian/FICO® Advanced Risk Score 1.0
@Revelate wrote:Pretty certain it doesn't track like that
I'm fairly confident it's counting individual options in a given version vis a vis FICO 8 on Experian has the standard Risk model, Bankcard and Auto industry options... and perhaps a mortgage one though I don't see that on one of their published disclosures but as a sample from EX and I know there's similar from TU published, not certain on EQ.
Experian Models:
FICO 8 models (2009)
Experian/FICO® Risk Model v8
Experian/FICO® Bankcard Risk Model v8
Experian/FICO® Auto Risk Model v8
Previous FICO Score models (2005)
Experian/FICO® Risk Model v3
Experian/FICO® Bankcard Risk Model v3
Experian/FICO® Auto Risk Model v3
Experian/FICO® Personal Finance Risk Model v3
Experian/FICO® Installment Risk Model v3
FICO Score models (1999)
Experian/FICO® Risk Model v2
Experian/FICO® Bankcard Risk Model v2
Experian/FICO® Auto Risk Model v2
Experian/FICO® Personal Finance Risk Model v2
Experian/FICO® Installment Risk Model v2
Experian/FICO® Bankruptcy Score
Experian/FICO® Advanced Risk Score 2.0
Experian/FICO® Advanced Risk Score 1.0
Experian FICO Scores
- Experian, FICO Risk Model V2^
- Experian FICO Risk Model V2 – Installment Loan
- Experian, FICO Risk Model V2 – Bankcard
- Experian, FICO Risk Model V2 – Auto
- Experian, FICO Risk Model V2 – Personal Finance
- Experian, FICO Risk Model V3*
- Experian, FICO Risk Model V3 – Auto
- Experian, FICO Risk Model V3 – Personal Finance
- Experian, FICO Risk Model V3 – Installment Loan
- Experian, FICO Risk Model V3 – Bankcard
- Experian, FICO Risk Model 08^
- Experian, FICO Risk Model 08 – Auto
- Experian, FICO Risk Model 08 – Bankcard
- Experian, FICO Risk Model 08 - Mortgage
Experian NextGen Scores
- Experian/FICO Advanced Risk Score 1.0
- Experian/FICO Advanced Risk Score 2.0
TransUnion FICO Scores
- FICO Risk Score, Classic 98*
- FICO Risk Score, Classic 98 Auto
- FICO Risk Score, Classic 98 Personal Finance
- FICO Risk Score, Classic 98 Installment Loan
- FICO Risk Score, Classic 98 Bankcard
- FICO Risk Score, Classic 04^
- FICO Risk Score, Classic 04 – Auto
- FICO Risk Score, Classic 04 – Bankcard
- FICO Risk Score, Classic 04 – Installment
- FICO Risk Score, Classic 04 – Personal Finance
- FICO Risk Score, Classic 08*
- FICO Risk Score, Classic 08 Auto
- FICO Risk Score, Classic 08 Bankcard
- FICO Risk Score, Classic 08 Mortgage
TransUnion NextGen FICO Scores
- FICO Risk Score NextGen
- FICO Risk Score NextGen 03
Equifax FICO Scores
- BEACON 96 – (phased out by Equifax in 2005)
- BEACON 96 – Auto (phased out by Equifax in 2005)
- BEACON 96 – Bankcard (phased out by Equifax in 2005)
- BEACON 96 – Personal Finance (phased out by Equifax in 2005)
- BEACON 96 – Installment (phased out by Equifax in 2005)
- BEACON 5.0*
- BEACON 5.0 – Mortgage
- BEACON 5.0 – Auto
- BEACON 5.0 – Bankcard
- BEACON 5.0 – Installment
- BEACON 5.0 – Personal Finance
- BEACON 09*
- BEACON 09 Mortgage
- BEACON 09 Bankcard
- BEACON 09 Auto
Equifax NextGen FICO Scores
- Pinnacle 1.0
- Pinnacle 2.0
If we accept that list as reference (and I think it's close based on what I know, looks to be accurate for both EX / TU if we discount the old TU '95 model they still list in their disclosures which I think is safe to do), that count is explicitly 49.
Add FICO 9 base and that takes us to 50, then plus industry options eventually released will be pushed past that, and we'd have to retire out the old ones if / when they get phased out.
@Revelate wrote:If we accept that list as reference (and I think it's close based on what I know), that count is explicitly 49.
Add FICO 9 base and that takes us to 50, then plus industry options eventually released will be pushed past that.
Lol agreed it could be even more Revelate the entire list makes me dizzy.
And that was just a quick search I've seen a more detailed list but no way I'm searching for it ROFLOL
I think the last time a searched for it, it took me a hour to find. Um nope not me 
