Ok, call me stupid, but here's my question:
rn
rnDie FICO is the actual FICO score u0026 the FAKO from Credit monitoring stations?
Best Answer: Basketball Scoring Secrets
FAKO score is used to refer to any credit score that's not a FICO score. If you purchased your credit score from anywhere but myfico.com, then it's a FAKO score
The FICO score is a branded credit score, developed and administered by a company called Fair Isaac.
There are a few companies that sell credit scores. Each of the three major credit bureaus has its own version of the credit score. Equifax has PLUS, Experian has BEACON, TransUnion has EMPIRICA.
Now as if that isn't enough confusion, throw in the new system calledVantageScore. One of the unique features of VantageScore is the scale it uses. Scores range from 501 to 990 in groupings that approximate the familiar academic scale, making it easier for you to understand your score.
A: 901-990 (Super Prime)
B: 801-900 (Prime Plus)
C: 701-800 (Prime)
D: 601-700 (Non-Prime)
F: 501-600 (High Risk)
Keep in mind that there are many different credit scores in the market and the score range will vary by model.
Hope this answers your question.
Credit Repair and Credit Scoring Education
Reply:Short answer – yes, bascially.
long answer – this question seems to be the "favourite " one asked around here. As such, the answers for that are everywhere…do a search for FICO FAKO and be amazed at the results!!! :p

August 15th, 2011
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