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PG Score vs. Mortgage FICO

Discussion in 'Credit Talk' started by gc, Apr 13, 2003.

  1. Apr 13, 2003 #1
    gc

    gc Well-Known Member

    Hi all! I pulled my 3 scores from Privacy Guard yesterday and was very pleased to see that my scores went up. Here are the results

    These scores are BEFORE and AFTER. Before is late January before I started repairing my credit. After is as of 4/12. By the way, these are all Privacy Guard scores.

    EXP: 640+ to 760-
    EQ: 700- to 720+
    TU: 670+ to ______ (still awaiting dispute results)

    My question is, how close is the Privacy Guard score from the real FICO score that the mortgage companies get?
     
  3. Apr 14, 2003 #2
    lakedorr

    lakedorr Member

    From my limited experience..not very...

    My Equifax PG score was like 567 and my actual FICO from Equifax was 544..

    The wife's Equifax PG score was 591 and her actual was 539...

    PG has their own scoring model that is different from actual FICO, so that's the FAKO score...lol...Who knows???
     
  4. Apr 14, 2003 #3
    gc

    gc Well-Known Member

    Thanks!


    Isn't PG's score model based on CreditExpert? Does anybody know?
     
  5. Apr 14, 2003 #4
    Nestea

    Nestea Well-Known Member

    methinks you are confusing

    CreditExpert and
    CreditXpert.

    PrivacyGuard is based on CreditXpert.

    Experians CreditExpert is a different score ( and a lot more off the base of your real FICO then the PG CreditXpert one).

    is that too confusing??
     
  6. Apr 15, 2003 #5
    cem406911

    cem406911 Active Member

    I would agree with some of the previous respondants. My PG score is significantly higher than all of my other scores. But, if their model is used by certain lenders, if you approach those lenders with your "higher" scores, then perhaps it will benefit you.

    My bank, incidently, had not heard of the PG scoring model, and used FICO exclusively.

    Best of luck!

    Charles
     
  7. Apr 15, 2003 #6
    kelcol

    kelcol Well-Known Member

    I am the opposite end of the spectrum here: my pg score is considerably lower than my actual scores.

    Eq (PG) 601
    Eq 680

    Exp (PG) 640
    Exp 666

    TU (PG) 647
    TU 693
     
  8. Apr 15, 2003 #7
    DISPUTER

    DISPUTER Well-Known Member

    The PG score is only based on your Equifax score. In my experience my actual EQ fico is higher than my PG score.
     
  9. Apr 15, 2003 #8
    Nestea

    Nestea Well-Known Member

    no, you can pay extra and see all three CRA's with a PG score.
     
  10. Apr 15, 2003 #9
    delilah131

    delilah131 Well-Known Member

    I know its more expensive, but we plan to buy the score directly from the bureaus once we feel we are in shape to apply for a mortgage.

    Does anyone know how accurate these are?

    Right now I use PG scores as a gauge, but I haven't looked at any *real* scores since we began in November.

    peace,
    delilah
     
  11. Apr 15, 2003 #10
    gc

    gc Well-Known Member

    But the score you pull from the bureaus will still be different from the score that merchants pull. i.e. mortgage model..
     

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