Re: Credit score standards - Landlord Forum thread 335310

Re: Credit score standards by MrDan (Georgia) on May 21, 2015 @15:50

Too many landlords confuse the different credit scores (There are 49 FICO scoring models)
Different Credit Agency’s use different formulas and scoring ranges to calculate credit scores. Some use scores created by FICO. (FICO is a registered Trademark) Others use VantageScore, developed by credit rating bureaus Experian, Equifax and TransUnion. Others compute scores by working with a single credit bureau. FICO and TransUnion’s New Account Score ranges from 300 to 850; Vantage from 501 to 990; Equifax’s is between 280 and 850 and Experian’s is 330 to 830.
(TransUnion, Vantage, Equifax and Experian use their consumer version for your credit score, but it's not your FICO score)

“There is no one real score. It’s not like the SATs.” Christine DiGangi… Credit.com

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Re: Credit score standards by Anonymous on May 22, 2015 @11:23	[ Reply ]

Transunion uses Empirica which is the original FICO score. At the end of the day a 550 credit score is an F- from any scoring method.

Re: Credit score standards by MrDan (Georgia) on May 22, 2015 @21:31	[ Reply ]

Empirica is the trademarked brand name for the credit score provided by TransUnion. TransUnion only provides Empirica Scores to lenders and it differs slightly from the FICO model.

Re: Credit score standards by Anonymous on May 23, 2015 @13:58	[ Reply ]

Not true in my experience. When I pull a prospective tenant's score it is Emperica. I have the report in front of me. It says "Empirica". When I pull my report it is Empirica.