Why Credit Karma Doesn’t Give Members Their FICO Score
One of the things which stands out when looking at websites like Credit Karma
, Credit Sesame
, and Quizzle
is they don’t give their customers their FICO score. Instead, they give a FAKO score
(sometimes referred to as an educational score), which is an approximation of a FICO score. The question is, why don’t these free credit score sites give their users their FICO score? Below are some of those reasons:
One of the biggest reasons the no-cost credit scores offer a FAKO score is cost. Credit Karma and the other free credit score sites get charged by the credit agencies (either Experian, Equifax or TransUnion, depending on which one they use) to access scores for their users.
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