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Fako? Help!

Discussion in 'Credit Talk' started by ajordan, Jul 20, 2003.

  1. Jul 20, 2003 #1
    ajordan

    ajordan Well-Known Member

    Sorry all but I have searched for the answer without any succes....

    What is FAKO?

    Excuse my ignorance. Any assistance will be greatly appreciated

    Alex
     
  3. Jul 20, 2003 #2
    LKH

    LKH Well-Known Member

    Fako is a credit score (term used lightly) created by the cra's to give to the consumers. It is NOT a FICO score and is usually not very close to your real fico score. Thus it is a fako score that is really good for nothing. No creditor will ever see it and it will never be used for anything other than your own amusement.
     
  4. Jul 20, 2003 #3
    ajordan

    ajordan Well-Known Member

    Thanks for your answer. I am assuming that the score which TU provides me on their website is FAKO.
     
  5. Jul 20, 2003 #4
    wondering

    wondering Well-Known Member

    So, if using services like Privacyguard.com show a FAKO sclore, then how do we get FICO without showing a merchant inquiry?
     
  6. Jul 20, 2003 #5
    joey123

    joey123 Well-Known Member

  7. Jul 20, 2003 #6
    wondering

    wondering Well-Known Member

    Thanks.
     

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