Please Dont Think This Is A Dumb Question

[tiredofdebt1]

What is the difference between Credit scores, FAKO and FICO scores? In the previous thread..someone referred to credit scores and FICO scores....

[Cali]

What is the difference between Credit scores, FAKO and FICO scores? In the previous thread..someone referred to credit scores and FICO scores....

FICO are the real scores.

FAKO are not real, they are either lower than or higher than the FICO.

[lrprn]

What is the difference between Credit scores, FAKO and FICO scores?

There are no dumb questions - glad you asked!

As Cali said, FICO are your real credit scores. The only place you can get your real FICO score is by paying Fair Issac Corporation who originated them - http://www.myfico.com/?LPID=ficorp3 . These are the scores that are pulled by potential lenders.

FAKO scores are what you get when you pay the credit agencies for "scores". Equifax's ScorePower, Experian's PLUS score, and Transunion's Credit score are just the credit bureau's guesses at what your FICO score should be.