I've read where people post their Fako scores and then mention the Fico scores. What's the difference?
The FAKO is the score that comes with your TU report it is as reliable as getting 0% for a car loan with a 400s score. The FICO is your real score. Here is an example My TU FAKO is 574, my FICO (Dealer pulled) is 564. Sometimes it is worse. My FAKO was 448, my FICO was 498. See? EQ is the only one with a true Fico, EX says the score you see on CE is also your true fico, I do not know if that is really true because, I have yet to apply for anything using EX.
Greg, The CSR once said that to me. I know better now. Later on in the day I got a call from another CSR rep w/CE who said "it is your Experian National Risk score" She also stated that each lender will have a different scoring model therefore making you score a bit different with each creditor. I posted this under CE calls me.
Either I misunderstood what the CSR said, or this is another example of the CRAs talking without saying anything, along the lines of, "If you can't dazzle them with brilliance, baffle them with BS." The scores come from the CRAs, not lenders. Lenders do not have their own scoring models, they use the scores they get from the CRAs. What they DO with the score might vary from lender to lender, but the score itself is the same no matter which lender pulls it. I recently pulled a trimerge for myself, and my Experian score was exactly the same as my CE score. My Equifax score was 14 points higher than my CW score.