Use the chart below as a guideline for
which score version is most relevant for the type of credit or loan you're seeking.
The range for its three most
recent score versions — the ones you're most likely to receive — is 300 to 850.
In certain rare cases, whether a given credit report qualifies for a FICO ® Score may vary across different FICO
® Score versions.
We speak to clients everyday who are unaware of the differences in credit rating models and
FICO score versions.
But remember, your score is never exact number since you know neither what
credit score version your potential lender requests nor from which bureau.
Each credit bureau uses a different version of the FICO
score versions as listed below:
Expect the Opening Round Playoff Game to be a
lower scoring version than the one they played back in November..
Today the majority of FICO scores range from 300 to 850, and there are over 50 different FICO credit
score versions depending on the lenders needs for analyzing risk.
You'll get monthly access to your new Equifax credit report and 9 FICO ®
Score versions commonly used in mortgage, auto and credit card lending.
Best - case scenario is he turns into a sort of more penetrative, higher -
scoring version of Alex Hleb.
View your FICO ® Score 8 (the FICO Score most widely used by lenders) and your FICO ® Score 9 (the newest
FICO Score version) based on Equifax data.
The Senate is working on a plan of their own — the last CBO -
scored version had 22 million people without insurance — but the narrow majority Republicans hold is making it difficult for them to come to consensus on a bill of their own.
One of the tweaks to the Trials formula, there are two versions of every track in each area, a time attack version and
a score version.
She offers a brief description of
the scored version along with a very user - friendly template.
A little - known fact is that each person has several different credit scores, FICO currently has 28
score versions.
For example, if you previously had an auto loan and are applying for another car loan, your credit score will most likely be higher if the dealership uses the FICO Auto Score instead of
another score version.
Get access to FICO ® Score 9 — the newest FICO
Score version — auto - specific versions, credit - card - specific versions and a FICO Score version often used in mortgage lending.
Additionally, some lenders use industry - specific FICO ®
Score versions.
(Learn more about other FICO ®
Score versions).
These are scores similar to base FICO ®
Score versions but tailored for a specific type of credit such as an auto loan or credit card.
Big credit issuers move slowly and a large percentage of their business continues to be based on the old FICO
scoring version.
View your FICO ® Score 8 (the FICO
Score version most widely used by lenders) and your FICO ® Score 9 (the newest FICO Score version) for each credit bureau.
Plus, view 22 additional FICO
Score versions: 9 FICO Score versions used in auto lending, 10 FICO Score versions used in credit card lending and 3 FICO Score versions often used in mortgage lending.
To keep up with consumer trends and the evolving needs of lenders, FICO periodically updates its scoring model, resulting in new FICO ®
Score versions being released to market every few years.
You can get an even more precise understanding of how lenders will evaluate your credit by accessing the exact FICO ®
Score version your lender is likely using.
The most widely used FICO ®
Score versions are available directly to consumers like you.
Thus, credit card issuers normally request your FICO ® Bankcard Scores or FICO ® Score 8 from the bureaus, while most mortgage lenders prefer Base FICO ®
Score versions which were before FICO ® Score 8.
There's simply no substitute for knowing your exact FICO ®
Score versions.
The various FICO ®
Score versions in use today have a similar underlying foundation, and they effectively identify higher risk people from lower risk people.
If the late payment is an isolated event and other accounts are in good standing, FICO ® Score 8 is more forgiving compared with previous FICO ®
Score versions.