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Penfed uses it, but what is FICO NG2?

tag
p-
Valued Contributor

Penfed uses it, but what is FICO NG2?

Just got updated score information from the Penfed site, where they are monitoring my Equifax score.  According to this, I have a score of 884.  

 

I'm curious if anyone knows what the key difference is with this model compared to the other FICO scores.  I have 6 inquiries and a 12 year file, and good utilization, no derogs, if that helps anyone.

 

 

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thom02099
Valued Contributor

Re: Penfed uses it, but what is FICO NG2?

It's likely NextGen 2

 

Here is some info on NextGen:  FICO NextGen

 

 

 If you do a search here on NextGen or Next Gen, you'll find previous threads/info 

Message 2 of 3
p-
Valued Contributor

Re: Penfed uses it, but what is FICO NG2?


@thom02099 wrote:

It's likely NextGen 2

 

Here is some info on NextGen:  FICO NextGen

 

 

 IF you do a search here on NextGen or Next Gen, you'll find previous threads/info 


Interesting, thanks.  

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