Weird scoring situation ....

[midnightmath]

Hi everybody -

I've got a weird scoring situation that I'd like everybody's opinion on.  The spouse and I have just done a joint application for a new car.  When they pulled the spouse's score, we confirmed that it was a 759 - the same as the score here on MyFICO.  When they pulled mine, however, it came back as a 698, whereas my score here on the three-bureau monitoring is 658.  Why would the MyFICO score be the same for my spouse here, but not for me?

I'm a little perplexed .... interested in input!

[credit-hunter]

Can you ask the dealer what version's of Fico they pulled?

[midnightmath]

They said they didn't know ....

[credit-hunter]

There are a lot of different types of credit scores, from FICO to proprietary scores, for each of the credit reporting bureaus — Experian, Equifax and TransUnion. Car dealerships typically pull auto-enhanced scores from up to all three reporting bureaus

[midnightmath]

It wasn't a car dealership that pulled.  It was a credit union.

[Anonymous]

You should get an electronic disclosure for the score. It will tell you which version they used. IMO a credit union should be able to tell you precisely what score they used... Especially the Underwriter. Which credit unions almost always have on site.

[Anonymous]

They do know what model they use.  When the bank pull your credit it shown on the paper that pull what version they are using.  I just did my re-finance my car loan and borrow a small personal loan.

DCU credit union used Fico 04  Beacon 5.0 which pull from Equifax which make my score very low 602, However I went with Worker Credit Union and RTN Credit Union they both used FICO 98 risk 2 Verson which an older version the Fico 04. My score from RTN was 714 and score from Worker is 715 FICO score.  I request a copy of my credit report from them thats how I know what version model they are using. 

***IMPORTANT***  Best way to do before applying or pull your credit ask the lender what model version of FICO they are using and from what Credit Bureaus.   For me I know my Experian FICO score are high so I will alos use the bank that pull from Experian.  NOt sure about FICO 8.