Who uses Who for FICO?

Outdoorstech1 · ‎02-02-2015

Who uses who? I have Barclay's and my FICO just went up from 657 to 672 and Capitol One raised from 617 to 628 and my Discover went from 666 to 669. What company uses what reporting agency for scoring? Do I add all three for an average?

gdale6 · ‎02-02-2015

@Outdoorstech1 wrote:
Who uses who? I have Barclay's and my FICO just went up from 657 to 672 and Capitol One raised from 617 to 628 and my Discover went from 666 to 669. What company uses what reporting agency for scoring? Do I add all three for an average?

Barclays & Discover is Fico 08 TU; Cap 1 is a FAKO the TU New Accounts Model; No you dont add and average.

bdhu2001 · ‎02-02-2015

@Outdoorstech1 wrote:
Who uses who? I have Barclay's and my FICO just went up from 657 to 672 and Capitol One raised from 617 to 628 and my Discover went from 666 to 669. What company uses what reporting agency for scoring? Do I add all three for an average?

Barclay's and Discover use TU FICO 08. I believe both are bank enhanced versions. It's my understanding that Capital One doesn't provide FICO scores unless it's associated with credit applications/ requests.

Original Mortgage maturity Sept 2044; Refi maturity Dec 2030
Starting Score: EX 751 EQ 720 TU 737 on 4/9/14
Current Score: EX 849 EQ 835 TU 843
Goal Score: 850

Take the myFICO Fitness Challenge

Revelate · ‎02-02-2015

@bdhu2001 wrote:
@Outdoorstech1 wrote:
Who uses who? I have Barclay's and my FICO just went up from 657 to 672 and Capitol One raised from 617 to 628 and my Discover went from 666 to 669. What company uses what reporting agency for scoring? Do I add all three for an average?
Barclay's and Discover use TU FICO 08. I believe both are bank enhanced versions. It's my understanding that Capital One doesn't provide FICO scores unless it's associated with credit applications/ requests.

Both Barclay's and Discover are TU FICO 8 classic, no industry option. Merrick is the TU 8 Bankcard enhanced provider IIRC.

@OP: Between Barclay's and Discover, simply use the most recent you were provided - will have small ups and downs in your scores as balances and other things change but the score is the score as of the date pulled between those two.

Outdoorstech1 · ‎02-03-2015

Aweosme, Thanks everyone. Should I disregard Cap One FAKO then?

Anonymous · ‎02-03-2015

@Outdoorstech1 wrote:
Aweosme, Thanks everyone. Should I disregard Cap One FAKO then?

Yup. That is about the most worthless score there is. Have a hampster pull a 3 digit number out of its food bowl and its worth more.

Anonymous · ‎02-03-2015

@Revelate wrote:
@bdhu2001 wrote:
@Outdoorstech1 wrote:
Who uses who? I have Barclay's and my FICO just went up from 657 to 672 and Capitol One raised from 617 to 628 and my Discover went from 666 to 669. What company uses what reporting agency for scoring? Do I add all three for an average?
Barclay's and Discover use TU FICO 08. I believe both are bank enhanced versions. It's my understanding that Capital One doesn't provide FICO scores unless it's associated with credit applications/ requests.
Both Barclay's and Discover are TU FICO 8 classic, no industry option. Merrick is the TU 8 Bankcard enhanced provider IIRC.

@OP: Between Barclay's and Discover, simply use the most recent you were provided - will have small ups and downs in your scores as balances and other things change but the score is the score as of the date pulled between those two.

I like the score Merrick provides better since it has me 18 points higher than the other two.