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What the *Beep*? Is MyFico just as bad as MCK???


ThePeacock
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I was denied for Juniper M/C so I got my free credit report by transunion sourced though annualcreditreport.transunion.com. I paid the extra $5.95 for the score. It said 565. My Fico shows 646! I thought MyFico was a FICO...... Here I thought I was doing so good. :(

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Well, they are much much much closer, like 20 points.
Not understanding what you're saying here :?:

The TU score and MCK socres are much closer to each other. About 20 pts different.

lyrech, breathing_easier: Thank you so much. You have put my mind at ease.

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The TU score and MCK socres are much closer to each other. About 20 pts different.
Ah, I see...it was the 4/20 TU FAKO score that was 566.

As I mentioned before, keep in mind that if you are going for something like a mortgage, mortgage lenders are going to be looking at a score different from even your FICO score. Auto lenders look at other things. Enough to give you a headache, isn't it?

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The TU score and MCK socres are much closer to each other. About 20 pts different.
Ah, I see...it was the 4/20 TU FAKO score that was 566.

As I mentioned before, keep in mind that if you are going for something like a mortgage, mortgage lenders are going to be looking at a score different from even your FICO score. Auto lenders look at other things. Enough to give you a headache, isn't it?

Headache is just the begining....nervous break-down is more like it.

I hope mortgage lenders are pull a score that is somewhat close to FICO. :shock:

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I can't say exactly how close the score mortgage lenders see mimics FICO. However, I do know that previous mortgage accounts are weighted more heavily in the score they see. An auto lender is looking at a score more heavily weighted as to previous auto loan history. Someone over in the Mortgage forum might be able to answer a little better. Don't worry, though, with a 645 FICO you should be fine for a mortgage.

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