@Anonymous wrote:I have only a small problem with multiple FICO models. What I have a problem with is 2 DIFFERENT SCORE RANGES. One range has a maximum of 850. The other range has a maximum of 900. Why? When I went to my car dealer last summer (August 2018) they gave me a printout with 6 FICO scores. They range from 818 to 865. But FICO has blurred the meaning of scores so much, that on the paper the dealer gave me, it does NOT give the range of each individual model. I go to the Myfico website and look for a table showing the score version and its range, and they don't have it.
But I can GUESS the score range maximum based on my score. I know I have excellent credit. So here are my guesses:
Score Model Max of Model Range
835 FICO V9 Probably 900
848 FICO Auto V8 Definitely 900
822 FICO Risk V2 Probably 850
818 FICO Auto V2 Probably 850
823 FICO Auto 04 Probably 850
865 FICO Auto 08 Definitely 900
What gets me is that if the algorithm really works as FICO claims, they should only need 1 algorithm and 1 range of scores. The problem is creditors and websites give/sell you FICO scores without giving the range of the model. THAT is what I object to.
FICO, at the least, you can prominently make available ON YOU WEBSITE a table of FICO versions and their score ranges. Thank you.
We codified what we knew at the time here:
Cleaning yours up a little: max score
835 FICO V9 850
848 FICO Auto V8 900
822 FICO Risk V2 844
818 FICO Auto V2 900
823 FICO Auto 04 900
865 FICO Auto 08 900
Also consumer behavior and lender products change over time: as a result there's not one score to rule them all because the datasets and predictors change over time.
