Originally Posted by FreshAudi
I thought FICO scores only went to 850!?!? Extra credit?
Yes the highest FICO credit score
one could posssbly have is 850. It's called a FICO score because the three major credit reporting bureaus use a proprietary software model from Fair Isaac & Company to create it.
The three main credit reporting agencies may have different proprietary credit scoring models. For example, Equifax has an Equifax Risk Score
which can range between 280~850. Experian has credit scoring model they call a VantageScore
that is scaled from 500~990. Your FICO score from Equifax is called a BEACON score. From Experian it's called the Experian/Fair Isaac Risk Model. And Trans Union calls it an EMPIRICAŽ score. Many different websites sell credit scores to consumers, but only myFICO.com and Equifax.com sell actual FICO scores to consumers
. In fact, you may be surprised to know just how many different credit scores are sold to consumers – most of which are never used by lenders.
You can find more information about your FICO scores from
Or get a free credit reports and FICO scores from the US government mandated website;
https://www.annualcreditreport.com/cra/index.jsp This is the only site to go to for TRUELY FREE credit reports!
Also be aware that there is something called an Automobile Credit Score
that just looks at your credit history dealing with previous auto payments. This might help out those who have never missed a car payment, but have other credit issues that may negatively effect there overall credit score.