Comments on: Will the ‘Real’ FICO Credit Score Please Stand Up http://www.doughroller.net/credit/real-fico-score-stand/ Money Management and Personal Finance | The Dough Roller Sun, 12 Feb 2012 16:07:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: newpc http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-30834 newpc Tue, 29 Mar 2011 12:20:16 +0000 http://www.doughroller.net/?p=6401#comment-30834 Check out my new blog about how I feel about todays credit score and report situation. Feel free to comment and subscribe. Check out my new blog about how I feel about todays credit score and report situation. Feel free to comment and subscribe.

]]> By: DR http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-29437 DR Wed, 23 Feb 2011 11:51:35 +0000 http://www.doughroller.net/?p=6401#comment-29437 J, there are different FICO scores for different industries. The mortgage industry uses slightly different criteria than a standard FICO score, so that's why your score was different. J, there are different FICO scores for different industries. The mortgage industry uses slightly different criteria than a standard FICO score, so that’s why your score was different.

]]> By: J. http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-29421 J. Tue, 22 Feb 2011 19:42:41 +0000 http://www.doughroller.net/?p=6401#comment-29421 I am with Chris, I pulled my credit and my husbands credit scores before we went to the bank to get a home equity loan a few years back. Both of us had scores over 730 but the bank showed me the scores that they had pulled, all at 700 or under? Why am I getting one set of scores and the bank another? I just want to know really where we stand! Is that really to much to ask for that the bank and I have the same report and same score? I am with Chris, I pulled my credit and my husbands credit scores before we went to the bank to get a home equity loan a few years back. Both of us had scores over 730 but the bank showed me the scores that they had pulled, all at 700 or under? Why am I getting one set of scores and the bank another?
I just want to know really where we stand! Is that really to much to ask for that the bank and I have the same report and same score?

]]> By: DR http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-27367 DR Mon, 03 Jan 2011 13:51:08 +0000 http://www.doughroller.net/?p=6401#comment-27367 Juan, thanks for the info, but I do have to disagree on one point you made. I've never viewed myself as a victim. In fact, viewing yourself as a victim will set you back. We all encounter obstacles in life, but it's how we deal with them that defines our character. Victim mentality is just a convenient excuse that enables us to accept what would otherwise be unacceptable. Juan, thanks for the info, but I do have to disagree on one point you made. I’ve never viewed myself as a victim. In fact, viewing yourself as a victim will set you back. We all encounter obstacles in life, but it’s how we deal with them that defines our character. Victim mentality is just a convenient excuse that enables us to accept what would otherwise be unacceptable.

]]> By: Juan Antonio http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-27365 Juan Antonio Mon, 03 Jan 2011 11:34:31 +0000 http://www.doughroller.net/?p=6401#comment-27365 Hello, We are ALL being robbed blind by this 'system'. Thre ARE different scores given to people than what are given to lenders. The only real way that I know of at this time to get your FICO score is to view it at <a href="http://www.doughroller.net/goto.php?t=myFICO&p=6401c" rel="nofollow">myfico.com</a>. When you go to a site like freecreditreport.com, you get a CONSUMER score from the credit bureaus -- a bunch of nonsensical businesses run just to make money by, as one poster said, amassing irrelevant information about us all. It *is* stupid, and the only one that I know of who cares enough to be fighting it is Philip Tirone. He has a program at 720creditscore, which teaches people how to proactively improve their credit, rather than backtracking and 'repairing' existing bad credit. I have not heard his whole spiel yet, and I am just a victim like everyone else, so I cannot yet vouch for his system, but his enthusiasm is infectious, his methods make sense, and he offers most of it for free. Best regards, ~Antonio Hello,

We are ALL being robbed blind by this ‘system’. Thre ARE different scores given to people than what are given to lenders. The only real way that I know of at this time to get your FICO score is to view it at myfico.com. When you go to a site like freecreditreport.com, you get a CONSUMER score from the credit bureaus — a bunch of nonsensical businesses run just to make money by, as one poster said, amassing irrelevant information about us all.

It *is* stupid, and the only one that I know of who cares enough to be fighting it is Philip Tirone. He has a program at 720creditscore, which teaches people how to proactively improve their credit, rather than backtracking and ‘repairing’ existing bad credit. I have not heard his whole spiel yet, and I am just a victim like everyone else, so I cannot yet vouch for his system, but his enthusiasm is infectious, his methods make sense, and he offers most of it for free.

Best regards,

~Antonio

]]> By: DR http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-23314 DR Mon, 06 Sep 2010 12:40:20 +0000 http://www.doughroller.net/?p=6401#comment-23314 Christina, you are right that Identity Guard does not provide a credit score generated from the FICO formula, but it's not a "fake FICO" score. Identity Guard provides credit scores generated by each of the three major credit bureaus, and is in my opinion a very accurate reflection of what creditors see when they request your score. Also, keep in mind that there is no "one" FICO credit score. So even if you get access to your FICO score, it's just one of many. And it may or may not be what a creditor sees when they pull your credit. With that said, if you want to get your FICO score for free, check out <a href="http://www.doughroller.net/go.php?id=Equifax" target="_blank" rel="nofollow">Equifax</a>. Christina, you are right that Identity Guard does not provide a credit score generated from the FICO formula, but it’s not a “fake FICO” score. Identity Guard provides credit scores generated by each of the three major credit bureaus, and is in my opinion a very accurate reflection of what creditors see when they request your score. Also, keep in mind that there is no “one” FICO credit score. So even if you get access to your FICO score, it’s just one of many. And it may or may not be what a creditor sees when they pull your credit. With that said, if you want to get your FICO score for free, check out Equifax.

]]> By: Chrstina http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-22951 Chrstina Tue, 31 Aug 2010 23:43:28 +0000 http://www.doughroller.net/?p=6401#comment-22951 Let me clarify, Identity guard does NOT give your FICO SCORE , it gives you a FAKO score or a fake FICO credit score from credit expert, there score is called FAKO which was the term ACTUALLY used by identity guard, its a creditxpert score which is not your fico score, while it is useful since it measures your progress and tries to calculate your score using some of the elements fico uses , it isn't what major lenders use. Let me clarify, Identity guard does NOT give your FICO SCORE , it gives you a FAKO score or a fake FICO credit score from credit expert, there score is called FAKO which was the term ACTUALLY used by identity guard, its a creditxpert score which is not your fico score, while it is useful since it measures your progress and tries to calculate your score using some of the elements fico uses , it isn’t what major lenders use.

]]> By: luis http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-21251 luis Mon, 26 Jul 2010 19:43:20 +0000 http://www.doughroller.net/?p=6401#comment-21251 Well, its all a joke, we as consumers need to stand up and be heard. There should only be ONE standard across the board. Advantage, beacon, FICO are all just a few of many models used and we as consumers are kept in the dark. How about introducing a bill into Congress that forces them to use one model only for all. I have the same problem, my three credit reports are identical (no small feat mind you as it took me years to get them right) and yet my scores range from 852 - 949 vantage (722 - 780 FICO). Somehow I think it is "US" the consumer that is getting played. Well, its all a joke, we as consumers need to stand up and be heard. There should only be ONE standard across the board. Advantage, beacon, FICO are all just a few of many models used and we as consumers are kept in the dark. How about introducing a bill into Congress that forces them to use one model only for all. I have the same problem, my three credit reports are identical (no small feat mind you as it took me years to get them right) and yet my scores range from 852 – 949 vantage (722 – 780 FICO). Somehow I think it is “US” the consumer that is getting played.

]]> By: Busta Bank http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-18355 Busta Bank Sat, 06 Mar 2010 01:53:34 +0000 http://www.doughroller.net/?p=6401#comment-18355 If these instutions meant anything, how did we get in such a credit mess, its all just a system to get you to voluntary give up and verify, a business trying to amass your financial information If these instutions meant anything, how did we get in such a credit mess, its all just a system to get you to voluntary give up and verify, a business trying to amass your financial information

]]> By: DR http://www.doughroller.net/credit/real-fico-score-stand/comment-page-1/#comment-16037 DR Tue, 01 Dec 2009 18:50:41 +0000 http://www.doughroller.net/?p=6401#comment-16037 Chris & TB, your FICO credit score as reported by each credit bureau is what it is. That don't give one score to consumers and another score to creditors. But keep in mind that lending decisions factor in a lot more than a FICO score. If your scores are in the high 700s and a creditor tells you that's not high enough, I'd question the information the creditor is giving you. Chris & TB, your FICO credit score as reported by each credit bureau is what it is. That don’t give one score to consumers and another score to creditors. But keep in mind that lending decisions factor in a lot more than a FICO score. If your scores are in the high 700s and a creditor tells you that’s not high enough, I’d question the information the creditor is giving you.

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