If consumers read ScoreSense's terms and conditions, they will learn that the credit scores provided to them via ScoreCast and ScoreTracker are not FICO scores. This is extremely important to note because the FICO scoring model is taken into consideration by the majority of lenders.What is scoresense and how does it work?
ScoreSense is a membership-based credit-monitoring product that provides you with your credit scores and credit reports from all three credit bureaus, daily monitoring and credit alerts, and tools to help you make sense of your scores. Does ScoreSense Provide Accurate Scores?What are the downsides of scoresense?
The only downside to ScoreSense is it is not clear what model they employ when calculating their credit scores. And since FICO® is not mentioned anywhere, we can only assure ScoreSense is using an "educational" score like VantageScore.What is the difference between Fico and VantageScore?
But the FICO and VantageScore models have different breakdowns for credit score ranges. What one lender considers as a “good” credit score, another lender might consider as just “fair,” depending on the credit-scoring model used. VantageScore was created in 2006 by TransUnion, Experian and Equifax.