Posted on: 18th Nov, 2006 02:21 pm
I have learned that viewing scores from the credit agencies through subscriptions are different from fico. WHY??
example.
Online through subscritption
TU 650
Exp 620
Efx 700
Lenders See
Beacon 500
Fico 474
Empirica 540
example.
Online through subscritption
TU 650
Exp 620
Efx 700
Lenders See
Beacon 500
Fico 474
Empirica 540
The agency you are subscribing is 'fee based'? These scores may not be based on number of tradelines or number of inquires. The score is not evaluated for a loan.
The lender's report is scored on several factors; number of inquires, tradelines open and used. Payment history, etc.
See my BOLG:
Good Luck!
"http://ifixmortgages4u.blogspot.com/"
[Link deactivated as per forum rules. Thanks.]
The lender's report is scored on several factors; number of inquires, tradelines open and used. Payment history, etc.
See my BOLG:
Good Luck!
"http://ifixmortgages4u.blogspot.com/"
[Link deactivated as per forum rules. Thanks.]
Thanks Sharlee2004 for the info
I am no expert but I can tell you- myfica.com is closest, BUT mortgage lenders scores are always different no matter where you pull them, sometimes beter sometimes worse, I know not what you wanted to here, but I have tried soft pulls for a year and my mortgage scores were 20 points higher than the scores pulled from myfica the day before-Bws