Identical fico reports and different scores from FICO!!!!

[solid07]

Why when I pull all three of my Fico scores my equifax and transunion reports are exactly the same I mean exactly   why is there a 60 point difference in the scores

[Anonymous]

From Credit Scoring 101 - START HERE!--

Your scores may be different at each of the three main credit reporting agencies as the FICO score only considers the data in your credit file from that agency. If your score from the three credit reporting agencies is different, it is probably because the information those agencies have on you differs. Also keep in mind that there is a different FICO formula for each credit reporting agency.

You might also want to read that entire thread--

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=2654

[Anonymous]

solid................IMO no human being understands FICO scoring.

[MidnightVoice]

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solid07 wrote:

Why when I pull all three of my Fico scores my equifax and transunion reports are exactly the same I mean exactly   why is there a 60 point difference in the scores

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Do they give the same or different "factors affecting your score"?  And Inquiries?

[Anonymous]

Are you sure you got the real deal (FICOs, not FAKOs)?

[solid07]

The only difference is that my equifax has two more inquiries!!!

Yes they are real fico scores they were pulled from this website!!!

The score factors breakdowns are the same!!!

Message Edited by solid07 on 01-11-2008 03:00 PM

[haulingthescoreup]

Think of it this way: it's like an essay being graded by three different examiners. One loves content, another is charmed by perfect grammar and spelling, and the third wants to see precision of thought. You can expect to get three different grades.

Each CRA has different behaviors that it values, and the formulas reflect this. I have three young adult kids. Each of them has identical credit reports, because they're young, and the reports are pretty short. And yet, DS has a 28-point spread, DD#1 has an 11-point spread, and DD#2 has a 35 point spread. I usually have a 45 - 50 point spread, with EQ always my lowest, and EX my highest. EQ is death on my lates, and it's also the lowest score for DD#2, who picked up a late after an online payment disaster.

[solid07]

I quess it makes sense, but anyways thanks for the help everyone!!!

[solid07]

I just pulled and now the scores are withen ten points of each other!!!!

[RobertEG]

Each bureau uses different algoriths.

VantageScore vs. FICO score

The VantageScore is based on six variables, versus the FICO score's five variables. Here's a comparison of the two:

 Vantage score

Payment history                          32%

Uttilization                                 23%

Balances                                     15%

Depth of credit                           13%

Recent credit                             10%

Available credit                            7%

Total                                        100%

FICO score

Payment history                         35%

Length of credit history               15%

Amounts owed                           30%

Types of credit uses                   10%

New credit                                 10%

 Total                                       100%