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Re:Equihax by ensignavenger on Thursday September 14, 2017 @03:47PM (#15251866)
Because there are lots of different scoring algorithms. There are several different ones from FICO themselves (so there is no single one FICO score), and they have several competitors that have different algorithms. Even when using the same algorithm, you will have a different score for each credit report.
Re:Equihax by smsm42 on Thursday September 14, 2017 @06:07PM (#15252898)
True but my experience they are all within the same range. If you get "good" score on one of them, you'd get the same on others. They may emphasize slightly different things but there's not that much difference. Also, nobody really checks that score with a point accuracy - there are ranges, but I'd be very surprised if the difference within range, say 750 to 765, means too much.
Re:Equihax by ensignavenger on Thursday September 14, 2017 @07:16PM (#15253275)
Yeah, they are usually are similar. The thing is, for many underwriters, if you ate even 1 point below their range on even one report, you will be rejected. Usually there are things most consumers can do to boost their score by a few points, though, reasonably quickly.