CreditWise uses TransUnion’s VantageScore 3. Equifax. Instead, we work with Equifax and TransUnion to. The VantageScore 3. 590 on Experian, 651 on Transunion, exact same information for both. Experian gives a more detailed picture of a person’s financial history, including payment timeliness and debt utilization. That’s because a major factor in credit. TransUnion offers more insight into a person’s job history, whereas Equifax provides more information about mortgage history. Why are my credit scores. Re: Why is my Equifax so low. There are a number of reasons for this. Your Equifax score can be lower than your TransUnion score for a variety of reasons. Tackling those reasons will help improve your score along with practicing good credit behaviors. 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. Experian is often a way better monitoring system based on their record keeping. . This may be a silly question but how come my Experian score is so much more different than my Equifax and Transunion scores? I get that they vary a little depending on the credit reporting company but my Experian score is drastically lower than the other two and I'm not sure why. Mostly just confused why the transunion would have gone down regardless of the model used. A one-time report from a single credit bureau, whether it's Experian, TransUnion, or Equifax, costs about $20, though you can get a report from all three for $60. 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. 95 a year and eCredable LiftLocker for $9. 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. Use? , 90% of system design is similar few numbers in life accuracy or completeness of Equifax in the United one credit report. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score. I did an experiment where I put all my spend on one card and none on the other (0%), and Equifax didn't update it until a month later. On top of that, these credit reporting agencies use different scoring models to produce credit scores. It may also be looking at a different FICO scoring method. WHY?? This makes no sense to me, if FICO is derived from Equifax and TU how. (Experian, Equifax and TransUnion). Cost of the Report. Right there your credit score will appear. 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. 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. FICO provides a single-number credit score, while major credit bureaus like Equifax, Experian, and TransUnion (not covered in this article) offer a more detailed look at an. Re: Why is my transunion fico so much higher. The scores we provide are actual. Transunion Vs. 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. 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. Third parties use many different types of credit scores and. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. All you need is to follow the steps below: Login to your CIBC account on the mobile app. You may have a different score with each of the three nationwide credit reporting agencies (TransUnion, Equifax and Experian). Lenders like to see that the outstanding total balance on your credit cards is below 30% of what you have available. When lenders review your credit report for the purpose of an application, a “hard inquiry” is placed on the credit report they checked. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. Multiple factors could account for why your scores are different. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. 590 on Experian, 651 on Transunion, exact same information for both. Citi usually pulls credit reports from Equifax or Experian. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. So, if you have a $4,000 credit limit, your balance should remain below $1,200. A “good” score may rest in the 661 – 720 range. It's important to know that you have more than one credit report. Some people want to achieve a score of 850, the highest credit score possible. What qualifies as a good score can vary from one creditor to. 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. If a collection shows up on Experian, but not the other two bureaus, you Experian credit score will be lower than your TransUnion and Equifax scores. This is just to let the consumer. TransUnion uses a 7 year credit history while Equifax calculates it based on a time interval of 6 years and 9 months. Experian. These factors are likely to yield different credit scores, even if your credit reports are identical across the. A credit score is a three-digit number, typically between 300 and 850, designed to. When a lender runs your credit, they’ll usually see your three FICO scores from Experian, Equifax and TransUnion. It provides two scores, one based on credit bureau data from Equifax and the other based on data from TransUnion. If, for example, you pulled a copy of your Experian report and your lender is looking at your TransUnion report, the data may not. Re: Transunion credit score is 35+ points lower than Experian and Equifax scores. 0 is between 720 and 780. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information about your. On the other hand, TransUnion’s CreditVision Risk Score looks at data over the past 24 months. 0 is an Equifax credit score model used by many lenders and institutions when making real-world lending decisions. Score: 4. 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. Yes we display your Equifax credit score. In my experience, I've found Equifax is generally more thorough than Transunion. Yes, equifax and transunion from credit karma so vantage score 3. The other two only report the name of your employer and do not add any weight to that fact. Why is my TransUnion score so much lower than Equifax? The credit bureaus may have different information. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. Equifax and TransUnion scores can only be as accurate as the information they receive. The FICO scores are MUCH LOWER than the actual Equifax and TU scores. These factors are likely to. Equifax vs. 10% new credit. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. This is because your total available credit is lowered when you close a line of credit, which could result in a higher credit utilization ratio. In this case, there might be a brief period where your Equifax credit score is significantly lower than your TransUnion credit score. FICO® Score 8 is a little more forgiving of a one-time late payment than previous versions. g. wrote: I'm in the same boat. The CRA each calculate their scores uniquely so they do tend to move differently for different things. The Equifax credit score model falls on a credit rating scale that starts at 280 and ends at 850. They are my spouses cards and we share the same address and last name, of course. Experian and Equifax are the two largest credit bureaus in the United States. The Equifax credit score model uses a numerical range between 280 and 850, and FICO score models use a range between 300 and 850. Meanwhile, VantageScore 3. While the high end of the range are all within 10 points of each other, the lower end shows a much larger span. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. Updated: Aug 03, 2023 Why Your Credit Scores Can Vary So Much at Equifax, Experian, TransUnion Learn why credit scores. Re: Transunion credit score is 35+ points lower than Experian and Equifax scores. In addition, late payments remain on your Equifax credit report for seven years. Credit bureaus are companies that collect consumer credit information. So, if you have a $4,000 credit limit, your balance should remain below $1,200. This factor can affect your credit scores even if you pay your credit cards off in full each month. 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. It was developed by the three major consumer credit bureaus — Equifax, Experian and TransUnion — to create a “more predictive scoring model that is easy to understand. 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. TransUnion’s credit monitoring services cost $24. 740-799 = Very Good. 590 on Experian, 651 on Transunion, exact same information for both. 0 scoring model. 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. 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. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. Valued Member. Variations in the data reported by creditors and lenders, as well as. Taking a 290K loan, I have been paying $1900/month for almost 1. An Equifax credit score is a traditional credit score that will range from 101 to 992. 0 is between 720 and 780. The base FICO ® Scores range from 300 to 850, while FICO's industry-specific scores range from 250 to 900. 0. Data Collected. 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. That applied to both individuals and family plans. We’ll be covering that in greater detail below. . It falls below the national average FICO ® Score of 710, and solidly within the fair score range of 580 to 669. “Late” generally means at least 30 days after the due date. Not on the electoral register (due to a muck up in my local office but soon to be rectified) but that should push me up. ). Why is my Experian score so much 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. Under the menu, click on “free credit score”. Since there are so many free credit score resources out there, you should know that FICO is the most widely used credit score among lenders. Some people want to achieve a score of 850, the highest credit score possible. Depending on the date of your report, there could be slight differences in the score we have and the one Equifax has. It breaks down your credit history, management and behavior reported by lenders to the big three credit bureaus (Equifax, Experian and TransUnion) into an algorithm that creates your score. They use their own model now as per verbiage: "The Equifax ® Credit Score and 3-Bureau credit scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. Credit Karma uses a different scoring system than the one mortgage lenders use. 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. If your total credit limit across all your cards were $10,000, you’d want to keep your total balances below $3,000 to limit the negative impact on your score. 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. Credit Score Ranges. That applied to both individuals and family plans. 5. You were the victim of identity theft. VantageScore was created in collaboration with all three credit bureaus, and VantageScore 3. 0 and 2. The basic FICO credit score range is 300 to 850. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the criteria. 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. | Last update: February 9, 2022. See moreWhy is my Equifax credit score 37 points lower than my Experian score, and 47 point lower than my Transunion score? I have compared all 3 of my credit. I understand that they are different companies with different algorithms so a different credit score is understandable. 3 Bureau Credit Report & FICO Score: For $39. 1 Credit Report with credit score costs Rs. 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. Or, if you have an account that is incorrectly reporting a late payment, then this will cause a huge hit to the payment history portion of your score. Not all lenders report to the other two. They’ll likely be slightly different, and it’s possible they could be very different. Deriving from the name of its founder–the Fair Isaac Corporation – the FICO score is a general purpose credit scoring system that was created with the intent of eliminating inconsistencies between each lender’s own system. But, I am concerned about Equifax score and why it is so low. 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. This month I've had two statements reported on Feb. TransUnion includes personal information and employment data, while Equifax focuses more on credit behavior and traditional credit data. On March 12th, 2019, I disputed multiple records for various discrepancies with all three of the credit bureaus. 0 scores. 4. 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. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. Amex primarily pulls Experian, though sometimes Equifax or TransUnion reports. Why is TransUnion credit 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. But each model makes very different scores. Good: 670 to 739. Similarly to. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. Why is TransUnion so much lower than others? Equifax and TransUnion have different scores because slightly different information is reported to each credit reporting agency. The other two only report the name of your employer and do not add any weight to that fact. Why Is My Experian Score So Much Lower Than Transunion And Equifax. My Equifax report still lists my employer as "Parental Allowance" from when my parents helped me get my first credit card at 18. Credit Score Range. Below are three VantageScore 3. 0 scoring model. And even if a lender reports your credit information to both bureaus, they may do so on different dates, meaning your credit score could be up-to-date with one bureau and out. 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. Both range from 300 to 900, which is the credit score range in Canada. Credit bureaus such as Equifax and TransUnion actually produce many different scores. Many creditors have a custom one, so may not even use the score you see. These companies compile information about your credit into reports that are used to generate your credit scores. Hi, I use Credit Karma. " On the next page, click on the "Reports Only" tab. A creditor could be reporting your payments to just one or two of them, instead of all three. Equifax Equifax scores range from 280 to 850. Above 800 = Exceptional. 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. For instance, Equifax uses a scoring model known as the Equifax Credit Score, while TransUnion uses a scoring model known as the. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. And a lender may report updates to different bureaus at different times. For example, Experian puts a 35% emphasis on your payment history, whereas TransUnion puts a 40% emphasis on this category. Why is my TransUnion and Equifax score different? 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. FICO scores are generally calculated using five categories of information. Because there are varied scoring models, you'll likely have different scores from different providers. The Equifax credit score you receive from the Borrowell website is generated directly from Equifax and is called the Equifax Risk Score 2. Even large deviations between credit. 0 use the same 300-to-850 range as base FICO ® scores. That's funny. This data is then distilled and calculated to create your credit score. The other two only report the name of your employer and do not add any weight to that fact. But one of the above comments is right. Conversely consumers with lower FICO scores at bureau "A" will likely get low FICO Scores at the other two bureaus when the underlying data is the same across the bureaus. They have change slightly since I originally post the. Hello everyone! Not too long ago I made a post about my cobalt application being denied despite my Equifax credit score being 793. Multiple factors could account for why your scores are different. troyb. Would these all be the same? Not necessarily. Small-balance collection accounts matter less. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. Length of credit history: 15%. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the. 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. It is also important to note that lenders might send their reports at different periods of time, so it is possible that TransUnion might have fresher updates than Equifax and vice versa. Equifax: How to check your credit scores. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. These are FICO 8 scores. 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. One of the scoring models that TransUnion uses to calculate credit scores is VantageScore® 3. If you plan on applying for credit, make sure to check your FICO Score since there’s. 3/5 ( 60 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. Also, back in the FICO 04 days, the algorithms were customized for each CRA. Each credit bureau will have a different credit score for each individual. One other thing to note is that the length of your credit history used by the 2 credit bureaus is different as well. Therefore, there are other reasons why the numbers. I just pulled my Transunion and Equifax FICO scores from myfico. 580-669: Fair. This means that your credit score may differ even with the same credit history. Score: 4. The widely used FICO credit score, which is derived from information in your credit file, ranges from a low of 300 to a high of 850. While it is possible for you to have only one credit score, it's unusual. 0 model includes additional factors such as rent history and a ‘trended’ credit. A person’s Experian credit score may be lower than their TransUnion or Equifax scores for several reasons. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. In Nate’s case, Credit Karma was accurate enough to say that he had an excellent credit score, but wasn’t perfect. In fact, 90% of lenders check FICO Scores rather than any other types of credit scores, though VantageScore is rapidly gaining popularity. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. I did find a couple of minor discrepancies on my Equifax report, disputed them, and they have been "resolved. Provided your lenders report your payment history to the three nationwide consumer reporting agencies, a secured credit card can be a powerful tool for building and improving credit. Equifax is 100 points lower than TransUnion. TransUnion: Credit Rating. The main difference between Equifax and TransUnion is that each has their own proprietary method to calculate credit scores. At you can buy just a credit report and FICO score for $15. 0 vs FICO 8 credit score comparison charts for TransUnion, Experian, and Equifax with my credit scores. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. Dispute directly with the company that reported the information to TransUnion. Very good: 740 to 799. Both hard and soft inquiries appear on your credit report, but it’s the hard inquires, those related to applying for credit cards and loans, that affect your score. The lower the number, the lower the individual’s credit rating. They. 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. When it comes to the TransUnion vs. Can be significantly different than your FICO Scores. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. 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. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. Sponsored. The lower Equifax score compared to TransUnion can be attributed to the different factors and weighting used in their credit scoring models. The whole credit industry is weird. 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. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. 0. My Equifax Dispute. That applied to both individuals and family plans. These are all Fico score 8 scores which uses a 300-850 scale. Some lenders only report to Experian or Equifax. One uses FICO Score 9 based on data in my Equifax credit file. The key thing to understand is the difference between a credit bureau and a scoring model. The information is compiled into a. If you discover that an impostor is using your identity, don’t panic. Updated: Aug 03, 2023 Why Your Credit Scores Can Vary So Much at Equifax, Experian, TransUnion Learn why credit scores from TransUnion, Experian and Equifax credit bureaus can be so. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. I wouldn't doubt if my EX score was 100 points lower than my TU or EQ scores. FTC's website on credit. 0 adopted the same. There are many different scoring models. 03-29-2007 08:24 PM. Like, TransUnion and Equifax both get told about all your credit lines and debts, so they should both have all that data. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. 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. 550. com. 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. It also impacts your cost of borrowing. 95 a month. My CreditWise score as of 9/12 is. I have 755 with Transunion, and 646 with Equifax. But remmember too that those scores are only about 7% apart. Why is my Experian score 100 points higher 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 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. 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. One place to look is derogs. What a credit bureau is. I called Equifax to find out why they were vending a different credit score to the lender than to me. Why is my Credit Karma Score much lower than FICO Score? I signed up for that $1 promotional 3 Bureaus report from an Experian company. Financial experts typically recommend that your credit usage is below 30 percent of your credit availability. Equifax vs. Credit bureaus are companies that collect consumer credit information. TransUnion and Equifax calculate credit scores differently. However, these agencies may use this model to weigh each factor differently. Users of TransUnion eCredable Lift can report their utility bill payments, resulting in an overnight improvement to their credit scores. Even if they have the same accounts and balances they may classify them differently. But if you find a significant difference, it’s worth investigating. This won’t show up on your Experian or Equifax records. Re: Why is my Experian score 40 points lower than Experian & Transunion? I understand that different FICO score models result in different ranges of scores. We are Indianapolis’s only Licensed, Bonded & Insured full service credit consulting company, InCreditable Advisors, give us a call today and let us help you improve your credit at 317-202-1297 to schedule your appointment today. Both companies collect credit information on individual consumers, which they sell to lenders and. Good. Here’s the short answer: The credit scores and reports you see on Credit Karma come directly from TransUnion and Equifax, two of the three major consumer credit bureaus. New credit: 10%. THere are many more than that. The whole credit industry is weird. 0, which is used far less often. 580 to 669 (fair credit): Some lenders will work with consumers with fair credit. The other uses VantageScore 3. 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. Differences in credit scoring formulas. Generally, the credit bureaus collect information from different sources and have their own scoring model. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. 6 Their services allow you to monitor your VantageScore credit score but not your FICO score. Equifax 802, Transunion 848, Experian 839. In my experience, equifax is always lower than Transunion (mine is 40-50 points lower last I checked) Two different companies with two different products and methods of coming up with scores. First, a CK score is a VS score (not a FICO score) so it's unmeaningful and shouldn't be worried about. TransUnion 30%. 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. FICO scores are generally calculated using five categories of information. Mostly just confused why the transunion would have gone down regardless of the model used. That's funny. It's also the least friendly to those just starting out building credit. In other words, your credit utilization rate is how much of your available credit you’re using at any given time. I work at a credit union and can tell you we only report to Equifax and Experian. Theyll likely be slightly different, and its possible they could be very different. 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. Length of credit history: 15%. Experian offers free access to credit scores and credit reports. Good: 670 to 739. Credit Karma isn’t a credit bureau, which means we don’t determine your credit scores. 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. My Experian is looking pretty tidy. My VantageScore number is 41 points lower than my FICO score -- still lower, but a less drastic difference than what Brian saw. TU (900) still has me as a student. I have 596 Exp and 670 with the other 2. I thought 900 was a hypothetical score, like someone bowling 300. There are also third-party credit monitoring services, such as MyFICO, Identity Guard, and LifeLock. Multiple late payments matter more. 670-739 = Good. Second, Experian considers a different. If we didn't, seemingly normal credit usage today would be considered a higher risk than in years past. They use different formulas to calculate your credit score. 580-669 = Fair. So if Equifax has access to different information about your credit than TransUnion, your scores from each of the bureaus might also be different. 1. wrote: Why is my Experian score 74 points lower than my TU and Equifax scores? It reports the same stuff as the other 2. Got the credit report back in mail and it seems equifax beacon 5 (FICO score 5) came out like 30 points lower than Experian (FICO 2) and Transunion (FICO 4). Data Collected. There are two plans available: eCredable Lift for $24. We are Indianapolis’s only Licensed, Bonded & Insured full service credit consulting company, InCreditable Advisors, give us a call today and let us help you improve your credit at 317-202-1297 to schedule your appointment today. Conversely consumers with lower FICO scores at bureau "A" will likely get low FICO Scores at the other two bureaus when the underlying data is the same across the bureaus. But rather than comparing Equifax vs. And even if a lender reports your credit information to both bureaus, they may do so on different dates, meaning your credit score could be up-to-date with one bureau and out. 0. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. The middle one was Transunion FICO 4 at 762, so I am getting the best rates. A credit scoring model like FICO or VantageScore evaluates your Equifax credit report and. Why is my Equifax score lower than FICO? Asked by: Miss Megane Kuphal Jr. . That applied to both individuals and family plans. Why is my Equifax score lower than Experian? This is due to a. Why is Equifax lower than TransUnion? Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. Equifax: 711. In a Nutshell. VantageScore was created in collaboration with all three credit bureaus, and VantageScore 3. Good Morning, Apologizing in advance if this question has been asked previously. Additionally, your score may fluctuate over time due to changes in your credit report. " Still no change. Which is better TransUnion Equifax or Experian? Based on our analysis, Experian provides the best service for the money. There’s a difference in algorithms between TransUnion vs. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. 45. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. This difference in emphasis can decrease or increase your credit score. 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. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. 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.