Do FICO scores take into consideration all three tri-merged reports or just the Equifax report? If it is only Equifax then how can lenders use the FICO and assume it to be accurate? My best account is on Transunion. Thanks
This is where the fun begins. FICO is complex, when a lender pulls a report there are three different bureaus they can pull the report through: Experian, Equifax, and TU. Each CRA has their own FICO score: Equifax is Beacon Experian is Fair Issac TU is Emperica They are all Fair Issac scores though. When you pull your Equifax report you are receiving the Fair Issac Beacon Score which is based just on your Equifax report. When you pull your TU report (the lender one) you are receiving the Emperica Fair Issac score. Experian's online score through CreditExpert is phony, so don't hold much faith in it. When a lender pulls the report they do receive the Experian Fair Issac score. Why doesn't Experian offer the real FICO score? Who knows, but they should. Hope this helps. Dani
Right. Also Fair Issac is an independent company that makes credit scoring models. http://www.fairisaac.com Of the three scores, the only one you can purchase yourself is your Beacon score. You can purchase this score and your Equifax credit report from http://www.myfico.com
