What's the difference between a BEACON score and FICO score?

"FICO scores have different names at each of the different credit reporting agencies: Equifax (BEACON), TransUnion (FICO Risk Score) and Experian (Experian/FICO Risk Model)."

Now with that being said, I doubt very seriously that your true beacon score was 850, especially considering the Beacon ranges from 280-850.

Your 850 score was probably an arbitrary scoring system that your lending institution uses for its own scoring model. There is no way to tell how that translates to a FICO score.

And FICO is not the "official score" as was noted above, but it is the most trusted scoring model by lending institutions. However there are so many scoring models (as well as their own) that the institutions could be using.

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Up to 950

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Exactly. You just never know with credit scores. Way too many models to keep it all straight.

Now I think people put way too much weight in their scores. As long as they pay their bills, have a long credit history, check all 3 reports once per year for errors, and keep their CC balances under 10% utilization then there is absolutely nothing to worry about.