 TITLE: What Are the FICO<sup>®<\/sup> Score Versions? CONTENT: How Many FICO® Score Versions Are There?\n----------------------------------------\nFICO® reports there are currently 16 distinct versions of the FICO® Score in use by creditors and other authorized users of personal credit data, such as landlords, utility companies and companies performing certain types of pre-employment background checks. These are just a portion of the dozens of FICO® Score versions issued since 1989.\n### Most Widely Used FICO® Score Versions\n**FICO® Score 8:** The company says that FICO® Score 8, introduced in 2009, is currently the most widely used version of the FICO® Score.\n**FICO® Score 9:** FICO® Score 9, which debuted in 2014, is also widely used by lenders, according to FICO®.\n### Newly Released FICO® Score Versions\nThe most recent versions of the FICO® Score were introduced in January 2020. It often takes new score versions several years to gain widespread usage, as lenders typically do extensive testing with them before integrating them into automated approval processes.\n**FICO® Score 10:** FICO® reports that the FICO® Score 10, the company's latest version of its standard FICO® Score software, offers better predictive accuracy than earlier versions of the scoring model.\n**FICO® Score 10T:** Also introduced in January 2020, this version of the scoring software uses the same analytical framework FICO® Score 10, but also makes use of _trended data_, an enhanced method of organizing credit report information. Implemented in recent years by all three national credit bureaus, trended data allows credit scoring software to make predictions based on behavior patterns that cannot be discerned using traditional credit report data. For example, traditional data distinguishes borrowers who pay bills on time each month from those who don't, but trended data can also enable comparisons between bill payers who habitually pay credit card balances in full and those who make only the minimum required payment each month.\n**FICO® Auto Score 10:** Launched in 2020, this version of the FICO® Score model is specially designed to gauge the likelihood a borrower will repay an auto loan. It offers refined assessments of new credit users, who make up a large portion of the first-time car buyer segment. In contrast to the standard FICO® Score 10, which assigns scores on a scale of 300 to 850, Auto Score 10 uses a scale range of 250 to 900.\n**FICO® Bankcard Score 10:** The latest version of the FICO® Bankcard Score 10 adapts the scoring framework of FICO® Score 10 to predict how borrowers may pay their credit card bills. Its refinements include greater accuracy among \"subprime\" borrowers targeted by some credit card issuers. (For purposes of FICO® Bankcard Score 10, the company defines a subprime borrower as one with at least one credit account that's delinquent by 90 days or more, with at least one account in collections, and\/or with a bankruptcy in their credit history.) FICO® Bankcard Score 10 uses a scale range of 250 to 900.\n### FICO® Scores for Credit Card Decisions\nSince 1993, FICO® has introduced multiple versions of its credit scoring software optimized for assessing the creditworthiness of credit card borrowers. All versions of the FICO® Bankcard Score assign scores using a scale range of 250 to 900.\n**FICO® Bankcard Score 9 and FICO® Bankcard Score 8:** Released in 2014 and 2009, respectively, these versions are available from all three national credit bureaus.\n**FICO® Bankcard Score 2 and FICO® Score 3:** Experian provides these versions of the FICO® Score to credit card issuers that prefer them for their approval processes.\n**FICO® Bankcard Score 4**: Card issuers can get this version of the FICO® Bankcard Score from TransUnion.\n**FICO® Bankcard Score 5:** Credit card issuers can obtain this version of the FICO® Bankcard Score from Equifax.\n### FICO® Scores for Mortgage Lending\nKnown as \"classic\" FICO® Scores, the following versions of the FICO® Score are widely used by mortgage lenders.\n**FICO® Score 2:** Mortgage lenders get this version of the FICO® Score from Experian.\n**FICO® Score 4:** Mortgage lenders get this version of the FICO® Score from TransUnion.\n**FICO® Score 5:** Mortgage lenders obtain this version of the FICO® Score from Equifax.\nFor many years, lenders offering mortgages known as conforming loans—loans eligible for purchase by Fannie Mae and Freddie Mac—were required to use these classic FICO® Scores in their loan approval process. In late 2020, the Federal Housing Finance Agency (FHFA)—the regulating agency that oversees Fannie Mae and Freddie Mac—announced that other credit scoring software, including newer versions of the FICO® Score and competing software from VantageScore, will be evaluated for future use with conforming loan applications.\n### FICO® Scores for Auto Lending\n**FICO® Auto Score 9 and FICO® Auto Score 8:** Introduced in 2014 and 2009, respectively, these versions of the FICO® Auto Score are available from all three national credit bureaus.\n**FICO® Auto Score 2:** Experian provides this version of the FICO® Auto Score to auto lenders.\n**FICO® Auto Score 5:** Auto lenders can obtain this version of the FICO® Auto Score from TransUnion.\n**FICO® Auto Score 4:** Auto lenders can secure this version of the FICO® Auto Score from Equifax. END