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0 pointsjudge20206y ago0 comments

> To your point about the risk model, I generally think the credit score the bureaus give us is wrong, while I think the decision GS made on the card limits is probably plausible

I find this likely too, the first time I applied I got denied and the credit score in the email was considerably lower (-100 points) that what is shown on Credit Karma.

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sgerenser6y ago

This is a common misconception. There is no such thing as a credit score. Theres FICO2008. FICO2015. FICO for car loans. FICO for revolving credit. Vantagescore. And so on and so forth. And then each of these can be based on data in any of the three different Angencies, which may be significantly different. So have if two different credit scores that are off by 100 points isn’t even remotely unusual. Many times even the scale itself is different (max of 850 vs 950 on another model).

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