I was looking over my Credit Score Disclosure from my pre-approval and noticed something interesting that I haven't seen before. I had always assumed that FICO 2, 4, and 5 all followed the usual max score of 850, but the disclosures said something I wasn't expecting. Do TU and EQ mortgage scores really top out UNDER 850?
EX2: 832
The range of scores: Scores range from a low of 300 to a high of 850 <- this is what I expected- 300 to 850
How your score compares to the scores of other consumers: Your credit score ranks higher than 97 percent of U.S. consumers).
TU4: 792
The range of scores: Scores range from a low of 309 to a high of 839 <- this is NOT what I expected. 309-839?
How your score compares to the scores of other consumers: Your credit score ranks higher than 77 percent of U.S. consumers).
EQ5:816
The range of scores: Scores range from a low of 334 to a high of 818 <- this is NOT what I expected. 334-818?.
How your score compares to the scores of other consumers: Your credit score ranks higher than 99 percent of U.S. consumers).
@MasonK wrote:I was looking over my Credit Score Disclosure from my pre-approval and noticed something interesting that I haven't seen before. I had always assumed that FICO 2, 4, and 5 all followed the usual max score of 850, but the disclosures said something I wasn't expecting. Do TU and EQ mortgage scores really top out UNDER 850?
EX2: 832
The range of scores: Scores range from a low of 300 to a high of 850 <- this is what I expected- 300 to 850
How your score compares to the scores of other consumers: Your credit score ranks higher than 97 percent of U.S. consumers).
TU4: 792
The range of scores: Scores range from a low of 309 to a high of 839 <- this is NOT what I expected. 309-839?
How your score compares to the scores of other consumers: Your credit score ranks higher than 77 percent of U.S. consumers).
EQ5:816
The range of scores: Scores range from a low of 334 to a high of 818 <- this is NOT what I expected. 334-818?.
How your score compares to the scores of other consumers: Your credit score ranks higher than 99 percent of U.S. consumers).
Not sure why it would say that. Maybe it's an internal score based on mortgage scores or some sort of legacy thing from a long time ago perhaps.
@MasonK wrote:I was looking over my Credit Score Disclosure from my pre-approval and noticed something interesting that I haven't seen before. I had always assumed that FICO 2, 4, and 5 all followed the usual max score of 850, but the disclosures said something I wasn't expecting. Do TU and EQ mortgage scores really top out UNDER 850?
EX2: 832
The range of scores: Scores range from a low of 300 to a high of 850 <- this is what I expected- 300 to 850
How your score compares to the scores of other consumers: Your credit score ranks higher than 97 percent of U.S. consumers).
TU4: 792
The range of scores: Scores range from a low of 309 to a high of 839 <- this is NOT what I expected. 309-839?
How your score compares to the scores of other consumers: Your credit score ranks higher than 77 percent of U.S. consumers).
EQ5:816
The range of scores: Scores range from a low of 334 to a high of 818 <- this is NOT what I expected. 334-818?.
How your score compares to the scores of other consumers: Your credit score ranks higher than 99 percent of U.S. consumers).
Yes. I believe so. @Revelate and @Thomas_Thumb would know for sure.
That is the real world score range from those scores.
If you look for Jello's old post on the different FICO algorithms you'll see that confirmed.
FICO 8 and later standardized the range to top out at 850 for Classic scores, and 900 for the industry options. Before that, which incidentally the current mortgage trifecta is, it varies by credit bureau.
