otter wrote:There are literally hundreds of scoring models based on the standard credit report. Each credit report can be scored with different scoring models- some are the model that bureau is pushing (Credit Karma uses the TU New Account score), another is VantageScore which was created by the big three to push FICO out of the way, and some are special lending situations like Auto lending scores. So what matters? The only ones which really matter are the ones used by creditors to determine your creditworthiness. Almost every creditor which checks your report uses FICO and in some (or most) cases their own scoring model. No one uses the scoring model CK uses (AFAIK). In spite of the big three's assertions, no one uses VantageScore, either. It's FICO by a wide margin.
only the mortgage industry is totally dependent on fico. Everyone else (really, *everyone* else) uses other things, either instead of, or in addition to, the FICO score. Some of those products are sold by fico, some are provided by the bureaus, some are in-house (particularly at big banks, who have lots of smart people figuring out how to make them money), some come from other third parties.
Even if a lender gives you a fico score, and tells you which one it is, it just means that they used that score as part of the process. It doesn't tell you anything about what else they might have used, and it might not be a real factor. They may have decided based on another metric, which they don't have to tell you. Or they may use a fico score for a binary yes/no, and other factors to decide terms.
Whatever, you're not going to get the scores that the lenders actually use, and paying for something that's meaningless is pretty dumb. Paying for a *report*, might make sense, but paying for a score is stupid. Understand what goes into the scoring, and pay on time, and don't borrow more than you can afford.