Plus Score is 747 what will Fico Score be ?

by **jkohen7514** » Fri Nov 30, 2007 11:36 am

If my plus score is 747 AROUND where would my Fico score be?

by **cowb0ysfan** » Fri Nov 30, 2007 5:31 pm

Plus score is FAKO. Go to myfico.com to get your real scores.

by **NightStar** » Fri Nov 30, 2007 8:25 pm

I would guess that you would have around 700 credit score on the creditor side.

Don't waste your money on myfico it is a mortgage model and you don't need it unless you are applying for a mortgage loan.

by **artcubed** » Fri Nov 30, 2007 8:41 pm

NightStar wrote:I would guess that you would have around 700 credit score on the creditor side.

Don't waste your money on myfico it is a mortgage model and you don't need it unless you are applying for a mortgage loan.

My myfico scores were higher than the scores the mortgage company pulled - one was off by >20 points.

So pick a number, any number!

by b » Fri Nov 30, 2007 9:41 pm

Why don't you use the FICO simulator? It's more accurate than guessing by the plus score :wink:

http://www.bankrate.com/brm/fico/calc.asp

by **Brammy** » Sat Dec 01, 2007 5:01 pm

Since the Plus score only looks atthe past two years of credit history, there is no way to make a correlation. My Plus is 700+ on credit keeper but my true FICO is 672 for now.

by **Polonius** » Sun Dec 02, 2007 2:22 pm

the Plus score only looks atthe past two years of credit history

I'm not sure what you mean by that. Both scoring models use the same data, so far as I know.

by **jkohen7514** » Sun Dec 02, 2007 6:47 pm

Polonius wrote:
the Plus score only looks atthe past two years of credit history
I'm not sure what you mean by that. Both scoring models use the same data, so far as I know.

So you think they should be the about same?

by **Lucky7** » Mon Dec 03, 2007 12:53 pm

My FICO is always higher than my Plus scores, usually by 20-30 points.

by **Brammy** » Mon Dec 03, 2007 2:30 pm

Polonius wrote:
the Plus score only looks atthe past two years of credit history
I'm not sure what you mean by that. Both scoring models use the same data, so far as I know.

Actually P it looks at the age of your file but only takes into consideration the last two years of payment history like the Vantage score. This was my understanding speaking with a rep.

by **Polonius** » Mon Dec 03, 2007 3:43 pm

So far as I know, the Plus score's calculations are proprietary. When I subscribed to that service, it was regularly 30-50 points higher than my "real" FICO score, which contradicts what has been posted in this thread by others.

I'm sure the Plus score considers your entire history because my long history was cited in the explanation I'd see of MY Plus score as a positive factor. As far as payment history specifically goes, I think the latest two years of history is all that shows on your credit report from the major bureaus anyway. How that data is used is an assumption. I don't think the CSRs we can reach have any better notion of the calculations than we do, frankly.

SOMEONE knows how these numbers are calculated, but I doubt we would be speaking with them via phone OR that they would tell us any proprietary information anyway.

by **Brammy** » Mon Dec 03, 2007 3:51 pm

Bith Plus and Vantage are proprietary,. It is no secret that he new scoreswere developed to give those with a mroe limited history a greater chance at approval which is why the past two years is weighted so much heavier than the FICO.

As far as being proprietary you can google either of them andget the press releases before the product was released. No proprietary info was given just the basics of what it was designed to do which you can find using any internet search engine.

Plus Score is 747 what will Fico Score be ?

Plus Score is 747 what will Fico Score be ?

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