ByJohn Ulzheimer
Question: I have a simple question. I received my credit score from
TransUnion. It said My credit score is 857 Grand B. I thought
the credit score only went to 850. What is the score I
received? Is it good or bad.
Bob
Answer: Hi Bob, I get that question
all the time, seriously. The problem is that both TransUnion
and Experian sell scores to consumers that aren't your real
FICO® credit scores. If you read the fine print you'll
see that what you have there is your TransRisk score, which
is quite useless. If you ever watch
Suze
Orman you may have heard her refer to "FAKO" scores. Well,
that's what that is. The range of the TransRisk score is
broader than the 300-850 used by FICO, which is the answer
for the confusing 857.
Q&A with John: What is the Credit Score that I Received?
John Ulzheimer