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<blockquote data-quote="Pl8er" data-source="post: 4192741" data-attributes="member: 540634">Sorry.Here it is:FICO Definition - Beacon ScoreFICO score is another name for Credit score. Often, the FICO score called Beacon credit score. This is because one of the largest consumer credit agencies, Equifax, has been marketing the FICO scoring algorithm under the name of BEACON.First, let&#039;s get one myth out of the way: FICO definition or algorithm is different between the three credit agencies, TransUnion, Experian and Equifax. This is incorrect - see FICO Score Myths for explanation.Second, let&#039;s present the latest FICO scoring model from Fair Isaac Corporation - NextGen. Yes, your credit score generated by the three agencies is not called FICO or BEACON any more - it is NEXTGEN score now. Just like it was with FICO score, the bureaus each market their Nextgen credit scores under a different name.</blockquote>

[QUOTE="Pl8er, post: 4192741, member: 540634"] Sorry. Here it is: FICO Definition - Beacon Score FICO score is another name for Credit score. Often, the FICO score called Beacon credit score. This is because one of the largest consumer credit agencies, Equifax, has been marketing the FICO scoring algorithm under the name of BEACON. First, let's get one myth out of the way: FICO definition or algorithm is different between the three credit agencies, TransUnion, Experian and Equifax. This is incorrect - see FICO Score Myths for explanation. Second, let's present the latest FICO scoring model from Fair Isaac Corporation - NextGen. Yes, your credit score generated by the three agencies is not called FICO or BEACON any more - it is NEXTGEN score now. Just like it was with FICO score, the bureaus each market their Nextgen credit scores under a different name. [/QUOTE]

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