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Hi. So, little background. Made mistakes about 9 years ago credit wise and due to situation let them sit until they fell off. 


On a whim I applied for a store card funded by Synchrony and was approved. Get my card and a letter in the mail stating, "Hey, due to your score we can't offer you the lower rate blah, blah". I'm like cool, I'm just building back, wiser than before and flip the page to see my score as 450 from TU on 8/27/19. I figured it would be bad but decided to get my free reports and also went to myFico to obtain my scores. Well, they're all a minimum of 210 -219 pts higher as of yesterday 9/6/19 to include all 3 bureaus. Why would this happen? Or is this some shady way to not offer the better rate?


Anyways, I called all 3 bureaus to confirm and then proceeded to call Synchrony. My CS rep was as confused as I was and they are going to investigate. 


Generally, I'm just happy that my score is higher than anticipated but want to make sure that I'm  not dealing with a scam company right off the bat in making the right credit choices this time around. 

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welcome to CB and congrats on the approval.


some creditors use scores other than the ones sold by the four major CRAs. see this thread for information on FICO score ranges and types: https://creditboards.com/forums/index.php?/topic/488877-actual-fico-score-ranges/


risk-based pricing is standard these days for most issuers. the thing is, the APR offered doesn't matter if you use the card smartly which means always pay in full.



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Read the info after the score they gave you.


I recently got a card that is through Synchrony as well. When I received the card the accompanying information said that my score was 549 (my FICO 8 scores are 200+ points higher). Then it says that “Scores range from a low of 300 to a high of 620.” There is no FICO score model that uses that range. 


They are using an internal scoring model. 

Edited by DPB

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21 hours ago, Karie said:

my score

You don't have a score.  You have dozens/hundreds of different scores depending on the bureau pulled and the score model used, and they can all change constantly and independently.


My Equifax mortgage FICO is currently ~65 points lower than the more-commonly-encountered FICO 8, and my credit is perfect by most people's measures.


I'm going to give you a CV Score of 1,177.  There's nothing you can do with that score, but I'm in a good mood.

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