Question about EX score

CS800 · ‎04-07-2011

So I went on experian.com and bought my score and report for $1 on a 7 day trial. But here's my confusion

EQ 608 from myfico

TU 604 from myfico

EX 551

The only difference is that the EX contains one extra collection (that's supposed to drop off Dc 2012 so im letting it sit)

Anything else being equal could that be causing my score to be that low on EX?

MBOhio2 · ‎04-07-2011

I apologize, but it's the end of arough day at work and I don't have the energy to write a detailed response. However, search the boards for the difference between a "FICO" and a "FAKO" and you'll soon understand why the scores are so different. This will offer you instant relief (I get anxious for replies when I post), but I'm sure others will chime in soon to give you a more helpful responses

Mid-2010 Starting Scores: FAKO EQ 476 FAKO EX 506 FICO TU98 575
July 2017 Current Scores: Approx 710 (waiting for official updates)

MarineVietVet · ‎04-07-2011

@CS800 wrote:
So I went on experian.com and bought my score and report for $1 on a 7 day trial. But here's my confusion

EQ 608 from myfico

TU 604 from myfico

EX 551

The only difference is that the EX contains one extra collection (that's supposed to drop off Dc 2012 so im letting it sit)

Anything else being equal could that be causing my score to be that low on EX?

No one has been able to buy their own Experian FICO score since February of 2009. Creditors can pull Experian and also there is a CU (PSECU) in Pennsylvania that supplies that information to it's members only.

What Experian sells at their site is called a "Plus" score and cannot be compared to a FICO score in any fashion.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Anonymous · ‎04-07-2011

If and when you are able to obtain your "real" Experian FICO score, you will still be left with the same question: "Why aren't my FICO scores the same across all bureaus?".

They don't use the same scoring algorithm. The scoring algorithms are proprietary and confidential. None of the people on this discussion board have the slightest idea of how the scoring is calculated. Also, creditors are not required to report your accounts, they are not required to report your payments, they are not required to report your collections, they are not required to report your bra size. Because they are not required to report, some creditors will report a payment one month to all three. Some creditors may not report a missed payment in February. Another creditor may only report to Transunion in February, but will report to Equifax and Experian in March. Your mortgage may fall off of Transunion two years earlier than it does in Experian.

The probability of a person having the same FICO score from Equifax, Experian, and Transunion is .00000001115543. I would tell you how I arrived at that number, but it is a proprietary calculation. The probability that a person with a 5-year credit history has "identical" info reporting on all three bureaus is .0024511.

Why aren't your scores the same on all three bureaus? What would be the fun and mystery in that?

CS800 · ‎04-07-2011

Interesting that even on their own website EX sells a FAKO. Do they think they are that special?

Anywho I don't expect the scores to be exactly the same but at least sloe to each other like my EQ and TU are fairly close.

At one point in 2004 (when my credit was stellar ), I still remember that EX was at least lower than the other CB's by at least 20 and everything as the same.

So i'm not sure why a lot of lenders check the EX scores. I know DCU does, Addison Avenue, Hanscom CU as you can see mostly CU's.

MarineVietVet · ‎04-07-2011

@CS800 wrote:
Interesting that even on their own website EX sells a FAKO. Do they think they are that special? To make lots of money selling their own product to an unsuspecting public.

Anywho I don't expect the scores to be exactly the same but at least sloe to each other like my EQ and TU are fairly close.

At one point in 2004 (when my credit was stellar ), I still remember that EX was at least lower than the other CB's by at least 20 and everything as the same.

So i'm not sure why a lot of lenders check the EX scores. I know DCU does, Addison Avenue, Hanscom CU as you can see mostly CU's. This is different that what consumers have access to. Lenders can pull all three credit scores so if you get an EX score from a lender it will be a FICO score.