What FICO version do lenders use the most?
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Just curious, what FICO version do most lenders use? Do Car dealers, Credit card companies, Mortgage brokers etc. use the same version?
According to myFICO.com there are over 19 different industry-specific version of FICO.
Currently, FICO Score 8 is the version of the base FICO® Score model most widely used by lenders, but this could change over time.
Here’s what FICO has to say about it.
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