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My Discover says is 850 for many months now. is it really a FICO score?
I leased a new car a year ago & I scored a 820 in the credit report. I didn't ask which agency they were using.
I didn't think ANYONE could hit an 850. That's like getting a perfect score in figure skating, which has never been done. There is always SOME risk with lending to folks even if they have never defaulted. At least that was my understanding of the FICO score.
I am 26 and mine is 807. I was pleasantly surprised to see mine go up from 747 to what it's at currently within the past 3 years.
I didn't think ANYONE could hit an 850. That's like getting a perfect score in figure skating, which has never been done. There is always SOME risk with lending to folks even if they have never defaulted. At least that was my understanding of the FICO score.
I am 26 and mine is 807. I was pleasantly surprised to see mine go up from 747 to what it's at currently within the past 3 years.
Whatever Discover uses, it says 850. I have no reason to lie. I will be more than happy to take a pic as proof. When I refi my mortgage 2 yrs ago, I was about 815 or so.
Whatever Discover uses, it says 850. I have no reason to lie. I will be more than happy to take a pic as proof. When I refi my mortgage 2 yrs ago, I was about 815 or so.
The 850 and the 815 are from different FICO scoring models.
Whatever Discover uses, it says 850. I have no reason to lie. I will be more than happy to take a pic as proof. When I refi my mortgage 2 yrs ago, I was about 815 or so.
I believe you, just odd that is all. Per the true FICO method, I don't think you can get a perfect score. I thought Discovers FICO pull was the true method but I guess it must not be.
I'm 26 and my fico is 828. I got my first $6000 vehicle loan with my parents as cosigner at 16 from a local small town bank. I've had half a dozen credit cards, even more vehicle loans, and after school I paid student loans to 5 separate companies.
In my credit report I have never had a single late payment, ever. My fico has recently gone up since paying down $30,000 in student loans (now I only owe to one company I'll pay off next year) and have 3 open credit cards, one of which I use about $30,000+ per year on and pay in full every month.
Other than a mortgage or maybe a different car for the gf down the road (once she's my wife) I doubt I'll put anything else on credit.
I believe you, just odd that is all. Per the true FICO method, I don't think you can get a perfect score. I thought Discovers FICO pull was the true method but I guess it must not be.
You definitely can get a perfect score. It didn't use to be possible under the FICO 04 scoring model, but the newer FICO 08 scoring model allows perfect scores. I know a couple of people that have obtained 850 under FICO 08.
Disco is a true FICO but the particular scoring they give you tops out at 900. I believe it's a Vantage.
Oh puhleeze. FICO and Vantage are two entirely different scoring models. FICO is a single, independent company that produces FICO credit scores and furnishes them to lenders. Vantage is a competitive model developed by the three major credit bureaus.
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