@Anonymous wrote:wow 100 pts for that
Collections are a major derogatory mark, and can really hurt your score. The fact that they are different model scores that you are looking at means that other things could be scored differently and further separate the scores. But without a doubt, the collection is the big culprit.
@Anonymous wrote:so whats the point of these scores on here if its not what the lender seeys? they should just put 800's for everyone on here bc it has no value or meaning
It just depends what the lender pulls. There are actually 49 different FICO scores, all functioning differently for different purposes. Fair Isaac changes things in newer models, but lenders don't adopt them right away, and don't have to, as long as the version they are using is still offered.
I definitely understand the frustration. And you can still do something about it. I would go to the Rebuilding your Credit forum and look into PFD (Pay for Delete). If you can get your creditor to agree, the derogatory mark would be removed.