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FICO vs. FAKO – Share your FAKO stories

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Contributor

Re: FICO vs. FAKO – Share your FAKO stories

I signed up for a month of the MyFico 3B reports. Currently my scores are as they appear in my siggy (from 650s-670s). My FAKO score on CreditKarma's end has been teetering the high 600s, which isn't terribly off I suppose for it being a free service. It reached 700-701 last week, and just last night went up to 746 O_O

 

Now, I know these are FAKO scores, and I believe quite a bit of individuals say these scores are as reliable as a politician Smiley Very Happy, BUT why would they get such an increase? Like, what would trigger it?

 

Mind you, the only change on the reports from this last update (my FAKO TU on CreditKarma updates every 7 days) was ONE credit inquiry. An inquiry, not even an added account or auto loan [of which I have]. Weird?

Current Status (03/07/17) || EX 660 || TU 651 || EQ 651
TOTAL of $50k in credit...VS, Citibank, PNCx2, Paypal Extra, Target, QS, Old Navy, Chasex4, AMEX Gold, Walmart MC, AMEX Blue
Auto $24k-->16.5k, PNC w/ 5.89% APR

Message 101 of 338
Frequent Contributor

Re: FICO vs. FAKO – Share your FAKO stories

Signed up for 2 credit cards over the last couple weeks. According to MyFICO, the hard pulls & new account reported dropped all 3 reports between 5-20 points (from 805, 806, 807 to current scores in signature). According to Credit Karma, the same inquiries & new account raised my scores by 4 points to roghly 810 each. I just got the first card today, a Capital One Quicksilver. And the credit score they gave (with A-F grades for each category) was 724, way lower than either the FICO 8 scores or the ones from Credit Karma.  How confusing!

American Express Blue Cash Everyday, $18.4k limitCapital One Quicksilver, $11k limitChase Amazon Rewards, $6k limitBarclay Ring, $2.5k limit
Don't know what something means? Check out the Updated Abbreviations List!  
FICO Scores: TransUnion 775, Experian 797
Message 102 of 338
New Visitor

Re: FICO vs. FAKO – Share your FAKO stories

My CK scores are 699TU and 706EQ. Pulled my EX score directly from them and it's only 622. Pulled my TU score (vantage score ugh) and it's 699. EX says it's fico 8 score. I've been on the track of rebuilding from a 545 and multiple delinquincies.
Message 103 of 338
Regular Contributor

Re: FICO vs. FAKO – Share your FAKO stories

Hi there. FAKO scores from CK-TU584/EQ652...CS-TU584...CR.com-687...CreditWise-672....Fico8 today4/5/16 from CCT-TU624/EQ648/EX658....I applied for a loan thru Upstart...their criteria was a score of 640 was needed....i was denied CC back on 2/1/16 and denial letter had TU score at 666. Being I know my TU score is always the lowest...i applied for the loan...i was denied bc my score was reported to them from TU as 621. So im not sure is Cap1 uses a diff model but i can't picture my score being that much diff between the 2.....idk

STARTING SCORES-5/2015 TU:492-EQ:502-EX:511----FICO8-7/12/16-TU:649-EQ:634-EX:651
Message 104 of 338
Frequent Contributor

Re: FICO vs. FAKO – Share your FAKO stories

Not sure what score it is but Creditone tells me on their website I have a 514...

Myfico says 618..as does CS and CK

Starting TU: 536
Starting EQ: 573
Goal: 640


Take the myFICO Fitness Challenge
Message 105 of 338
Established Member

Re: FICO vs. FAKO – Share your FAKO stories

I signed up for CreditKarma before MyFico.  CK currently shows my Vantage at TU689 and EQ688.  FICOs are TU587 and EQ609.  I wish VS really mattered.

1/12/16 EQ535 TU493 EX583
Current EQ711 TU704 EX696
Chase Sapphire Preferred- $12,000; Chase Freedom Unlimited - $5,000; Chase Slate - $12,000; AmEx Blue Cash Preferred - $3,000; Citi Double Cash - $3,600; CapOne Quicksilver - $3,200; BofA Cash Rewards - $15,000; BofA Platinum - $10,000; J. Crew - $8,500

Message 106 of 338
Contributor

Re: FICO vs. FAKO – Share your FAKO stories

There have been times where my scores from credit karma are literally almost 100 points lower than my actual Fico scores. Not kidding
Message 107 of 338
New Member

Re: FICO vs. FAKO – Share your FAKO stories

Bofa now reports fico scores... and it's says I'm at 712.. not sure if Transunion or not.. but they are using the fico 8 ...I know for sure I'm at a 667 with Transunion. . Credit karma  had me at 695... Tu 

 

 

 

Message 108 of 338
New Contributor

Re: FICO vs. FAKO – Share your FAKO stories


@Lisaazo30 wrote:

Bofa now reports fico scores... and it's says I'm at 712.. not sure if Transunion or not.. but they are using the fico 8 ...I know for sure I'm at a 667 with Transunion. . Credit karma  had me at 695... Tu 

 

 

 


BoA is TU FICO 8. Credit Karma is VantageScore 3, not FICO.

Message 109 of 338
Regular Contributor

Re: FICO vs. FAKO – Share your FAKO stories

I have posted my experiance on here previously but I have a question. who or what model does cap1 use? I got my fico8 scores from CCT and they were TU624-EQ648-EX658...On a denial from cap1 at the same period they ran my TU and it was 660 and EX was 662....any clue why? EX was pretty close but TU was way off!! 


STARTING SCORES-5/2015 TU:492-EQ:502-EX:511----FICO8-7/12/16-TU:649-EQ:634-EX:651
Message 110 of 338
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