New credit law trying to be passed

[highland145]

They dont. They are pretty close, but not FICO. TU is usually the farthest from FICO.

After spending several hours on the fico site, it is still confusing and I think intentionally so. There is more than one version/way of calculating the score. Another place sounded like fico calculated the score from what was on the report, hence different scores because of different info on different reports.
http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/bd-p/ficoscoring
http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Equifax-FICO-score/td-p/673403
"Equifax does sell the real FICO score, but they also sell a different kind of score - the Equifax Risk Score. What you get depends on the product you buy from Equifax."

TU seems to have abandoned fico for their own scoring system.

 

[rudder]

FICO is a big scam anyway. It puts in everyone's mind that they need debt in order to buy a house. You can buy a house without a FICO score. You need a little more paperwork on your end, but it can be done.

 

[Budarow]

In a year or 2, I think there will be tens of millions of people in the U.S. who no longer worry about their credit scores.