Can someone tell me why the MyFICO TU score is 59 points. On the home page, click on "View All Products. The lower the number, the lower the individual’s credit rating. These scores are not provided by Credit Karma. Depending on what your scores are, you may wonder what they mean. Would love to know the answer! Hello - 1303709Understanding credit score ranges. 0. Credit score range. . Poor: 300 to low 600s; Fair to good: Low 600s to mid 700s; As you can see in the examples above, Nate’s Experian FICO Score 9 was 25 points higher than his VantageScore from Transunion and 20 points higher than his VantageScore from Equifax. 0 is between 720 and 780. . All you need is to follow the steps below: Login to your CIBC account on the mobile app. Message 3 of 6. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. Good Morning, Apologizing in advance if this question has been asked previously. This is why your credit score is so important, not only for credit approval but also for things like your credit limit and the terms of the loan. In a Nutshell. Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. Equifax. For instance, if you have a credit card with a $1000 credit limit reporting as a $100 credit limit, this could cause a big hit to your credit utilization ratio. VantageScore 3. Find The Best Credit Reporting. Feb 25, 2022. Citi usually pulls credit reports from Equifax or Experian. Here’s why your FICO® Score 9 credit scores could be different. TransUnion offers a similar product to Experian Boost. So, if you have a $4,000 credit limit, your balance should remain below $1,200. 0, which is used far less often. FICO is a separate product issued by a separate company. It provides two scores, one based on credit bureau data from Equifax and the other based on data from TransUnion. Available for free with monthly updates on Paisabazaar. 95, but it is a little hard to find. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. The lower the number, the lower the individual’s credit rating. | AUWhich credit bureaus banks check. I'm at 705 TransUnion, but I'm at 588 on Equifax. One of the main reasons why your Equifax score may be significantly lower than your TransUnion score is because both credit bureaus use different credit scoring models to calculate your credit score. TransUnion vs. Since the information on your credit reports at each bureau can differ, your Equifax credit score and FICO score can differ depending on which credit report is used to calculate the score. Credit Score Ranges. It's basically the difference between a report and a score. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. FICO credit scores, the industry standard for sizing up credit risk, range from 300 to a perfect 850—with 670 to 739 labeled “good,” 740-799 “very good” and 800 to 850 “exceptional. Credit bureaus are companies that collect consumer credit information. Credit Score: Equifax vs Transunion. Instead, we work with Equifax and TransUnion to. If it makes you feel better, most lenders don't even check them. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. The other two only show one credit report and the name of your employer and do not add any weight to that fact. 0 scores. In addition, late payments remain on your Equifax credit report for seven years. Experian says it would be “unusual” if your credit scores align. 300 to 579 (poor credit): Most lenders will reject applications from borrowers with a score in this range. Why is my Equifax score lower than Experian? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. These factors are likely to. “Late” generally means at least 30 days after the due date. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. TransUnion. If the information on your credit report is found to be inaccurate or incomplete, your credit report will be updated, generally within about 30 days. The other two only report the name of your employer and do not add any weight to that fact. This is known as “credit utilization” or “credit usage ratio. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the. Credit Report costs Rs. That applied to both individuals and family plans. Experian. Why is my Experian score lower than credit karma? This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. Credit bureau: Credit scores are calculated using data listed on your credit report, which comes from one of the three major credit bureaus — Experian, Equifax or TransUnion. Re: Why is my transunion fico so much higher. As the information on your reports directly impacts your credit score, it can be beneficial to check the reports and make sure everything is correct. Why Is My Equifax Score Lower Than TransUnion? The lower Equifax number is a common concern for many people. Also it is at least possible that this is simply a question of the different scoring algorithms computing a different score. 15% length of credit history. TransUnion offers more insight into a person’s job history, whereas Equifax provides more information about mortgage history. It could be because of a high reported balance on a credit card account, a new application for credit, or a sign of identity theft. 0 scoring model. Equifax's different credit scoring model results in lower scores. Most banks use FICO scores. Equifax: why are my credit scores different? Your scores might be different on your Equifax and TransUnion credit reports. 0 vs FICO 8 credit score comparison charts for TransUnion, Experian, and Equifax with my credit scores. It may also be looking at a different FICO scoring method. If you plan on applying for credit, make sure to check your FICO Score since there’s. 5/5 (35 votes) . 164 (including taxes/handling charges). Why is my Equifax score so much lower than Experian? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. Another invisible difference between these agencies is the data collected. It should just be math. Takedown request | View complete. g. First, a CK score is a VS score (not a FICO score) so it's unmeaningful and shouldn't be worried about. 0 adopted the same. There are many reasons why the numbers between Equifax and Transunion may differ so much. The Equifax credit score model uses a numerical range between 280 and 850, and FICO score models use a range between 300 and 850. Your VantageScore® 3. 590 on Experian, 651 on Transunion, exact same information for both. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 –. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. This model scoring scale starts at 300 (the lowest) and caps at 850. Like all credit-reporting agencies, TransUnion and Equifax use. 0. Along with educational articles, it offers several loan and mortgage calculators. Financial experts typically recommend that your credit usage is below 30 percent of your credit availability. 0 scoring model. Consumers. They might also weigh your information differently depending on the type of credit account for which you've applied. My Equifax report still lists my employer as "Parental Allowance" from when my parents helped me get my first credit card at 18. Similarly to. 0 and 4. com and my transunion fico score is WAY lower than my Equifax fico score. The FICO scores are MUCH LOWER than the actual Equifax and TU scores. No disputes, no reason to cause them to be removed. Length of credit history: 15%. 580-669 = Fair. Equifax comparison, both rely on some of. 0. For auto and personal loans, banks usually ask only one of the three big credit-reporting firms — Equifax, TransUnion or Experian — for a score, Bingham said. One of which is that they use different algorithms to calculate your credit score. Additionally, your score may fluctuate over time due to changes in your credit report. And less accurate for the lender ultimately. We would like to show you a description here but the site won’t allow us. Why is my Transunion score 35+ points lower than my other scores and is there a way to dispute the score calculation? (I have 6 additional hard inquiries on my Transunion report that are 1-2 years old and I think those might be affecting my score, even though they are over 1 year old). One of the most evident differences between these two bureaus is that Equifax scores range from 280 to 850, but TransUnion scores range from 300 to 850. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score differing from your. Credit score range. Here are five main factors that affect your credit scores: Payment history, or whether you pay your credit accounts on time, makes up about 35% of the typical credit score. That said, Experian scores better than TransUnion across: Report Details and Frequency, and Credit Bureau & Credit Scores. So I subscribe to both Equifax and Experian and have two completely different credit reports and now, ratings, for both. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. Use? , 90% of system design is similar few numbers in life accuracy or completeness of Equifax in the United one credit report. Learn more. This is no different when it comes to Equifax vs. My CreditWise score as of 9/12 is. See your credit utilization rate details for each bureau. Even then with the different algorithms, the variance between the two scores should be between 7-10% or even less . Why is my Experian score so much lower than Credit Karma? This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. The whole credit industry is weird. Dispute directly with the company that reported the information to TransUnion. Why is my Equifax score lower than TransUnion? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. In both cases, higher. Yes, equifax and transunion from credit karma so vantage score 3. The whole credit industry is weird. 0 is between 720 and 780. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score differing from your. Score: 4. In general, the higher your score, the better your chances of getting approved for credit cards or loans with more favorable terms, including lower interest rates and fees. I did find a couple of minor discrepancies on my Equifax report, disputed them, and they have been "resolved. What a credit bureau is. For example, the number of accounts you have or your payment history may be scaled differently depending on the agency. This month I've had two statements reported on Feb. Experian and Equifax are the two largest credit bureaus in the United States. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. Mostly just confused why the transunion would have gone down regardless of the model used. Credit bureaus are companies that collect consumer credit information. Credit mix: 10%. This is just to let the consumer. This means that Equifax, Experian, and TransUnion don’t have access to exactly the same data, which accounts for the difference in credit scores. All consumers are entitled to one free. They are my spouses cards and we share the same address and last name, of course. 30% total debt. Why are my scores differ so much and Which score will…Experian, Equifax, and TransUnion each offer credit monitoring services. When a lender runs your credit, they’ll usually see your three FICO. THere are many more than that. FICO scores are generally calculated using five categories of information. I think this is due in part to (1) some of my inquiries hit only Equifax rather than TU, and (2) for some bizarre reason, Equifax isn't calculating my age of accounts (it says N/A or something like that), nor is it accurately reporting my credit limit. Whether it's a 9 point drop or a 90 point drop shouldn't cause you to lose any sleep. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. Each credit bureau will have a different credit score for each individual. FTC's website on credit. between my two scores could stem from the fact that Equifax reports a slightly longer history and more accounts than TransUnion. The scores are off because the formula is different, factors in different things as compared to FICO, and score ranges are different than FICO's (e. (Experian, Equifax and TransUnion). Q: I just checked my credit score and my TransUnion score is 20 points lower than the others. A 700 score places you right in the middle of the good range, but still slightly below the average credit score of 711. 2. A good score with TransUnion and VantageScore® 3. In general, good credit scores can make it easier and cheaper to borrow than low credit scores. Source: MyFICO. 4/5 ( 61 votes ) Your Equifax score is lower than the other scores because there is a slight difference in what is reported to each credit agency and each one uses a slightly different method to score your system. The VantageScore model wasn’t introduced until 2006. Step 2. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you'll see wide credit score. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. Even if they have the same accounts and balances they may classify them differently. New credit: 10%. Scores range from 300 (very poor) to 850 (exceptional). Of course, getting at or close to 0% is best. Great chance you are comparing a score from Credit Karma with a range of 501-990 versus the score your bank is using. My Equifax (from Borrowell) is consistently 80-100 points lower than my TransUnion score (from CreditKarma/BMO), despite both reports showing the same credit accounts, inquiries and lack of collections or other negative items. General FICO ® Scores range from 300 to 850, and so do VantageScore 3. Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. While the high end of the range are all within 10 points of each other, the lower end shows a much larger span. Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. . It’s impossible to say which credit reporting agency, TransUnion, Experian, or Equifax, is more accurate since all three agencies use similar methods to collect and report credit information, but may differ in their scoring models and data sources. 95 a month. So, it’s normal for your scores to differ from bureau to bureau. Though both TransUnion and Equifax do the same thing (calculate your credit score), they do it in different ways – which means it’s not unlikely that your credit score may be slightly different between the 2 companies. VantageScore was created in collaboration with all three credit bureaus, and VantageScore 3. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. Some key factors in your scores, like on-time payments and age of credit history, can take several months or even years to establish. Why is my FICO score so much lower than my TransUnion and Equifax? This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. Multiple factors could account for why your scores are different. Equifax, Experian and TransUnion are the three credit bureaus responsible for reporting your credit score. TransUnion and Equifax calculate credit scores differently. This means that there is not only a clear 200 point difference between these two bureaus but the “perfect scores” are also different, which is 1000 as reported by Experian and 1200 as reported by Equifax. Credit scoring at Equifax works in largely the same way as the process works at Experian (and TransUnion). There are two main scoring systems: FICO – it was created in the 1950s and is used by mortgage lenders. Delinquencies reported on a loan reported on one credit report, but not the others, is the most common reason why you’ll see wide credit score. Hi, I use Credit Karma. After speaking with two mortgage specialists, I was led to believe that the two scores would be within 10 points of each other. Hard inquiries help your lenders track how frequently you have applied for credit and can cause. The result is that there are multiple FICO Score versions available, in addition to the most widely used version, FICO Score 8. Credit Karma uses a different scoring system than the one mortgage lenders use. Multiple late payments matter more. A good score with TransUnion and VantageScore® 3. I have 596 Exp and 670 with the other 2. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. I am and have been getting alerts from Myfico about a lot of changes in my TU and EX since the beginning of February. Below are the reasons mentioned for Equifax:What is the difference between Experian and Equifax and which one might be better for you? Read more to find out. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you'll see wide credit score. The other two only report the name of your employer and do not add any weight to that fact. Can be significantly different than your FICO Scores. Credit Karma offers even more interactive tools and resources than Experian to help you improve your credit scores and meet financial goals. A failure risk score will range from 1001-1,610, with a lower number meaning that the business is a high risk. We would like to show you a description here but the site won’t allow us. On the other hand, TransUnion’s CreditVision Risk Score looks at data over the past 24 months. wrote: I'm in the same boat. TransUnion provides the VantageScore 3. The latter recognizes that I have a $27 delinquency, whereas Transunion says my credit report is clean. 0 credit score was lowered by 72 points. The Equifax is not a FICO score. Theyll likely be slightly different, and its possible they could be very different. Some lenders only report to one credit bureau, while other lenders report to both. . Hello everyone! Not too long ago I made a post about my cobalt application being denied despite my Equifax credit score being 793. Your Experian, Equifax and TransUnion credit reports should be fairly similiar. Why is Equifax lower? Your Equifax score is lower than the other credit scores because there is a slight difference in what is reported to each credit agency and each one uses a slightly different method to score your data. Why is my TransUnion score way lower than Equifax? The credit bureaus may have different information. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. First, lenders often perform what’s known as a credit check or a hard inquiry to review your credit reports and determine if you’re a suitable candidate for a loan. If you are a CIBC client and are using the bank’s mobile banking app, you can check your Equifax credit report for free online. 5/5 ( 12 votes ) The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. Why is my TransUnion score so much lower than Equifax? The credit bureaus may have different information. Equifax: How to check your credit scores. Similar numbers. The Equifax credit score model falls on a credit rating scale that starts at 280 and ends at 850. It could be because of a high reported balance on a credit card account, a new application for credit, or a sign of identity theft. However, interest rates will be higher, and the loan amounts will often be lower. Fiance's scores are 770 and 760 for Equifax and TransUnion respectively. This is why it’s. Then there are “educational” credit scores. However, VantageScore 3. It falls below the national average FICO ® Score of 710, and solidly within the fair score range of 580 to 669. Debt balances make up about 30% of the typical credit score. ”. That’s because a major factor in credit. General FICO ® Scores range from 300 to 850, and so do VantageScore 3. Why is my Experian score lower than TransUnion and Equifax? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. Equifax vs. According to the TransUnion website, it was developed by all three national credit reporting companies (including Equifax and Experian) and is “more predictive, more consistent, and more stable than older models. Data Collected. Why is my Equifax score 100 points lower than TransUnion? You might expect all of your credit reports and scores to be the same, but they are usually not. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. Another invisible difference between these agencies is the data collected. It is really affecting me getting an auto loan. It can certainly explain why your EX score is very different than the others. In this case, there might be a brief period where your Equifax credit score is significantly lower than your TransUnion credit score. First, the Experian scoring model may differ from the ones used by TransUnion and Equifax. 9. Over the past couple of months, I have watched both my Experian and Equifax scores shoot up significantly, and yet my Transunion score has only gained a small few points, and actually dropped, even more. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. That applied to both individuals and family plans. What a credit bureau is. 10% new credit. Good habits, such as making payments on-time and using less of your available credit, among others, can help you improve your credit health over time. Why is my Experian score so much lower than credit karma? This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. 1. Equifax credit scores are not used by lenders and creditors to assess consumers' creditworthiness. FICO. Depending on the date of your report, there could be slight differences in the score we have and the one Equifax has. Like, TransUnion and Equifax both get told about all your credit lines and debts, so they should both have all that data. But remmember too that those scores are only about 7% apart. Poor: 300 to low 600s; Fair to good: Low 600s to mid 700s;As you can see in the examples above, Nate’s Experian FICO Score 9 was 25 points higher than his VantageScore from Transunion and 20 points higher than his VantageScore from Equifax. There are many different scoring models. You have different credit scores, so your other credit score might be higher, or lower, than the TransUnion score you see on Credit. TransUnion reports I have better credit than 2/3rds of the country but Equifax says I have better credit than only 1/3rd of the country. Score: 4. The lower Equifax score compared to TransUnion can be attributed to the different factors and weighting used in their credit scoring models. Tackling those reasons will help improve your score along with practicing good credit behaviors. Even large deviations between credit scores from. I work at a credit union and can tell you we only report to Equifax and Experian. The credit scores and reports you see on Credit Karma should accurately reflect your credit information as reported by those bureaus. In addition, TransUnion reports your employment history and personal information. 6 Their services allow you to monitor your VantageScore credit score but not your FICO score. An "official" credit report is the one that a lender pulls direct from equifax or transunion. Why is my Equifax score lower than TransUnion? The credit bureaus may have different information. Taking a 290K loan, I have been paying $1900/month for almost 1. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. 03-29-2007 08:24 PM. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. Balance changes, lower utilization, score increase, etc. There are two plans available: eCredable Lift for $24. A FICO score of 650 is considered fair—better than poor, but less than good. When the scores are significantly different across bureaus, it is likely the underlying data in the credit bureaus is different and thus driving that observed score. This factor can affect your credit scores even if you pay your credit cards off in full each month. Many creditors have a custom one, so may not even use the score you see. And only recently did we start reporting to Experian. Each company uses their own proprietary means. Lenders like to see that the outstanding total balance on your credit cards is below 30% of what you have available. Multiple factors could account for why your scores are different. That's funny. Each is collecting the same information about your credit history, but it's not uncommon for there to be slight variations among the different reports. 0 is relied on by lenders across a variety of industries. My Equifax FICO dropped 21 points because of this. Based on our analysis, Experian provides the best service for the money. Certain things are plus or minus out of 800 this is your score. 95 per month. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. 740-799 = Very Good. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted . Lenders are generally checking your FICO score, which is yet again different than either the Equifax or Transunion. They are two different companies that offer two different, albeit similar, products. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. A credit score is no more than a snapshot of your credit profile at one point in time. 0). Generally, anything over 556 is an acceptable credit score. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score differing from your Equifax. We’ll explain what a credit bureau is, why Experian, Equifax, and TransUnion show different scores, if one bureau’s score matters more than the others, and ways to improve or build your credit score. For more information please visit us at and book an appointment today. In this article, we’ll compare two of the major credit bureaus, TransUnion, and Equifax, and answer the question: which score matters more? Why is my Transunion score different. 6/5 ( 59 votes ) If you file a dispute regarding information on your Equifax credit report, you can generally expect to receive the results of the investigation within 30 days. You can find the contact information under the account details section of your credit report. I thought it would help me get a good. I just applied for a new car loan, and - despite my published Equifax score of 780 - was surprised to be offered a rate lower than the rate reserved for "excellent" credit. Equifax Any site that compares numbers and does a bunch of data-crunching will probably have their. FICO. The higher a score is on this scale, the better indication that the consumer poses a lower risk to creditors. These are things like lates and collections and. Delinquencies reported on a loan reported on one credit report, but not the others, is the most common reason why you'll see wide credit score. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. A credit score is a three-digit number, typically between 300 and 850, designed to. 5 / 5 - Excellent #1 in Credit Reporting. Which is better TransUnion Equifax or Experian? Based on our analysis, Experian provides the best service for the money. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. Say you have a loan from a lender that only reports to TransUnion. The other two only report the name of your employer and do not add any weight to that fact. While lenders use these reports and credit scores to decide whether or not to extend you credit, it leaves a lot of room. In my experience, I've found Equifax is generally more thorough than Transunion. I will update these charts on a monthly basis and make notes of any. Your credit report is a record of how you manage your money. My FICO went up like with the equifax reported by credit karma. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Unlike with FICO where a good credit score is 670, VantageScore requires between 720 and 780. On March 12th, 2019, I disputed multiple records for various discrepancies with all three of the credit bureaus. Equifax is 100 points lower than TransUnion. 95 per month. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. The first two versions of the VantageScore ranged from 501 to 990, but the latest VantageScore 3. My scores are 850, 850 and 840 for Experian, Equifax and TransUnion, respectively. 4/5 ( 47 votes ) The lower Equifax number is a common concern for many people. Why is Experian score lower than TransUnion and Equifax? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. 280 - 850. That’s the highest factor percentage, which means it’s critical to pay bills on time with no exceptions. 0 and 2. The CRA each calculate their scores uniquely so they do tend to move differently for different things. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. We’ll explain what a credit bureau is, why Experian, Equifax, and TransUnion show different scores, if one bureau’s score matters more than the others, and ways to improve or build your credit score. The answer is easy. Also the different credit bureaus do calculate the scores differently. Score: 4. But at my credit union, I have access to two different score models. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. 10% types of accounts, known as credit mix. Why is my Experian score so much lower than TransUnion and Equifax? Reasons Why Your Credit Scores Differ From Bureau to Bureau – It’s unlikely that you’ll have the same credit score across each of the three credit bureaus. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. For example, a mortgage lender may look at a different credit score than your bank when they are deciding whether to grant a credit card or a new credit limit. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. FICO ® Scores have been updated to reflect this change in behavior. ). Everyone’s ability to interpret information differently just makes it nebulous and less than useful for the consumer. Experian offers free access to credit scores and credit reports. To maximize all these scores you. There are many different types of credit scores and scoring models. Maybe some small difference, like if you get a hard pull, it may only be on one but not the other. By comparing the different reports from each agency, you can make a more informed decision. Source: Based on the VantageScore, FICO score, Equifax, and Experian credit score range model.