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. And a lender may report updates to different bureaus at different times. Equifax's different credit scoring model results in lower scores. Can someone tell me why the MyFICO TU score is 59 points. We would like to show you a description here but the site won’t allow us. The scores may have different interpretations, a 600 from Equifax may be equivalent to a 700 from TransUnion. Fiance's scores are 770 and 760 for Equifax and TransUnion respectively. Why are my scores differ so much and Which score will…Experian, Equifax, and TransUnion each offer credit monitoring services. 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 TransUnion score so much lower than Equifax? The credit bureaus may have different information. 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. Third parties use many different types of credit scores and. 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. Also, back in the FICO 04 days, the algorithms were customized for each CRA. Why Is My Experian Score So Much Lower Than Transunion And Equifax. Often called "educational" scores. For example, your Experian credit 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. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. Equifax 802, Transunion 848, Experian 839. You also have auto, mortgage and bankcard scores. 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. Debt balances make up about 30% of the typical credit score. Another invisible difference between these agencies is the data collected. 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. Other factors used in determining. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. 0. TransUnion includes personal information and employment data, while Equifax focuses more on credit behavior and traditional credit data. Which is better Experian TransUnion or Equifax? Based on our analysis, Experian provides the best service for the money. They might also weigh your information differently depending on the type of credit account for which you've applied. Equifax vs. 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. You can find the contact information under the account details section of your credit report. 45. 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. Experian gives a more detailed picture of a person’s financial history, including payment timeliness and debt utilization. The other two only report the name of your employer and do not add any weight to that fact. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. Just follow the general advice given to you and you'll be fine (pay all your bills on time, keep utilization low, let credit age, open various types of loans, etc. These are things like lates and collections and. 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. Very good: 740 to 799. The main difference between Equifax and TransUnion is that each has their own proprietary method to calculate credit scores. Instead, we work with Equifax and TransUnion to. It falls below the national average FICO ® Score of 710, and solidly within the fair score range of 580 to 669. 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. Credit Score Ranges. 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. Even large deviations between credit scores from. Mostly just confused why the transunion would have gone down regardless of the model used. 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. ”. If all is well, each agency should have all of your information identically. 118 and 1 credit report with credit score costs Rs. The Equifax credit score you receive from the Borrowell website is generated directly from Equifax and is called the Equifax Risk Score 2. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. You can find the contact information under the account details section of your credit report. I signed up for experians free credit report which includes your actual FICO score - I really wanted to know this number as I've read that Chase uses Experian scores for ecredit consideration and I was recently rejected for a Chase Saphire card. I have 596 Exp and 670 with the other 2. . TransUnion uses the VantageScore ® credit scoring model to calculate your credit score. Like before, the higher the score, the stronger your credit. 0 is between 720 and 780. TransUnion report is accurate and I am pleased with my score. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted. In general, good credit scores can make it easier and cheaper to borrow than low credit scores. New credit: 10%. Lenders also use but the Equifax score may be weighted differently. Gives you a better understanding of your credit and more confidence when you apply. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted . But remmember too that those scores are only about 7% apart. Score: 4. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. Higher scores mean you have demonstrated responsible credit behavior in the past, which may make potential lenders and creditors more confident when evaluating a request for credit. There are many different scoring models. On March 12th, 2019, I disputed multiple records for various discrepancies with all three of the credit bureaus. Each company has its own method of collecting financial information. This means that your credit score may differ even with the same credit history. . WHY?? This makes no sense to me, if FICO is derived from Equifax and TU how. Credit Karma for credit score accuracy, you may want to understand first why you have multiple credit scores — and how your scores affect your financial progress. 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 three credit bureaus are Equifax, Experian, and TransUnion. Under the menu, click on “free credit score”. Variations in the data reported by creditors and lenders, as well as. . Also it is at least possible that this is simply a question of the different scoring algorithms computing a different score. I'm at 705 TransUnion, but I'm at 588 on Equifax. Legally you are entitled to request a credit report from Transunion and Equifax one time a year. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. 580-669 = Fair. If it makes you feel better, most lenders don't even check them. 9. wrote: I'm in the same boat. 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 you had unexpected expenses and you put them on a credit card or cards, your credit score could drop. TransUnion offers a similar product to Experian Boost. Edit: The reason Credit Karma is stating for the low score is a combination of a high number of hard pulls and that my average account age is too new. But rather than comparing Equifax vs. The FICO Score ranges from a low of 300 to a high of 850. 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. Great chance you are comparing a score from Credit Karma with a range of 501-990 versus the score your bank is using. Why is my Equifax score low? A low score (less than 650) indicates a high-risk customer with a high probability of defaulting on debt obligations. 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. The score from Experian is FICO 08 scored as well. I thought it would help me get a good. For example, let's say you're going to buy a house. This is one of the least forgiving bureaus because much more weight is assigned to your payment history and the average age of your credit accounts. I have since received a letter from Amex mentioning specifically my TransUnion credit report, so I created an account on TU to see my full report as well as download Credit Karma to check my TU score (as its apparently. 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. On Credit Karma you’ll see scores and reports from TransUnion and Equifax, both using the VantageScore 3. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. Frequently applying for credit card or loan offers can certainly cause a drop in your credit score. 0 model includes additional factors such as rent history and a ‘trended’ credit. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. 0 on Credit Karma will likely be different from your FICO Score that lenders often use. Yes we display your Equifax credit score. Whether it's a 9 point drop or a 90 point drop shouldn't cause you to lose any sleep. 10% types of accounts, known as credit mix. 0 and 2. 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. I am and have been getting alerts from Myfico about a lot of changes in my TU and EX since the beginning of February. The other uses VantageScore 3. 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. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. You’ll be able to attach supporting documents to your dispute if you submit it directly with TransUnion. Higher credit scores generally result in more favorable credit terms. I have 596 Exp and 670 with the other 2. S. Data Collected. My Transunion score is in the tank though at around 567. The other two only report the name of your employer and do not add any weight to that fact. 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. Both of these credit bureaus use a dynamic scoring model, but the weight they put on each variable varies. Equifax 834, Transunion 900. All credit-scoring agencies, including TransUnion and Equifax, use proprietary scoring models, and despite the fact that credit scores are based on similar or the same factors, such as payment history and the number of accounts in good standing, each model can weigh some of these factors in a different way. 95 per month and include daily credit updates, recommendations, credit locks, monthly tips and more. 30% total debt. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. 95 a month. They. Mostly just confused why the transunion would have gone down regardless of the model used. Equifax 834, Transunion 900. I painstakingly fixed my credit score after several years of lousy credit and monitor my score regularly through CreditWise from CapitalOne, which is based on TransUnion, and from USAA which uses Experian. 0 scores. The whole credit industry is weird. Credit score range. And only recently did we start reporting to Experian. 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. Say you have a loan from a lender that only reports to TransUnion. 95, but it is a little hard to find. TransUnion and Equifax are consumer reporting agencies; what they do is collect data about you and write your credit reports which show your debt history. FICO is used in about 90% of lending decisions. 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. TransUnion uses a 7 year credit history while Equifax calculates it based on a time interval of 6 years and 9 months. If you plan on applying for credit, make sure to check your FICO Score since there’s. This is why it’s. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. TransUnion ranges from a low of 300 to a high of 850. 580 to 669 (fair credit): Some lenders will work with consumers with fair credit. Credit Report costs Rs. I thought 900 was a hypothetical score, like someone bowling 300. If you’d like to know more about the factors that influence your credit score, read our article on how credit scores are calculated. 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. Experian is 601 and Equifax is around 689. VantageScore uses three different credit bureaus — Experian, Equifax, and TransUnion — to compete against FICO, and each bureau uses different algorithms. Similarly to. 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. 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. This means that your credit score may differ even with the same credit history. 1. 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. There’s a difference in algorithms between TransUnion vs. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. 0 adopted the same. Great chance you are comparing a score from Credit Karma with a range of 501-990 versus the score your bank is using with a range of 300-850. 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. Some lenders only report to Experian or Equifax. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. This month I've had two statements reported on Feb. . 0 Kudos. 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 discrepancies. Your credit report is a record of how you manage your money. On top of that, these credit reporting agencies use different scoring models to produce credit scores. Why is Equifax always lower than TransUnion?. Equifax credit scores are not used by lenders and creditors to assess consumers' creditworthiness. 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. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. Use? , 90% of system design is similar few numbers in life accuracy or completeness of Equifax in the United one credit report. The lower the number, the lower the individual’s credit rating. 590 on Experian, 651 on Transunion, exact same information for both. If you have many recent inquiries, lenders may assume that you are having financial problems. TransUnion scores better than Equifax across: Plans and Pricing, Report Details and Frequency, Credit Bureau & Credit Scores, and Monitoring and Extra Features. 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. ”. Why Is My Equifax Score Lower Than TransUnion? The lower Equifax number is a common concern for many people. Would love to know the - 1303709And FICO says scores between 670 and 739 qualify as good scores. The above actions will provide the necessary details needed by TransUnion to recalculate your score using your new address details. Feb 25, 2022. This could lead to a person having a relatively lower score on Experian compared to the two other bureaus. Experian CreditWorks Basic: View your Experian credit report for free every month. 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. Banks, credit card companies and other lenders would be reluctant to approve credit to individuals with a low score as they are nervous about the potential for repeated defaults on payments. 10% new credit. Step 2. | AUWhich credit bureaus banks check. In fact depending on the credit bureau it can range up to 80 point difference. However, VantageScore 3. The only discrepancies that I see from my creditkarma report is transunion reports 3 inquiries (3 credit cards) while Equifax reports 1 (just my verizon wireless--soft pull I presume) and on transunion the only thing that is not showing up is a recent payment that I made on my Bank of America card that brought my utilization on that card from 99% (I. 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. Dispute directly with the company that reported the information to TransUnion. Most banks use FICO scores. . The CRA each calculate their scores uniquely so they do tend to move differently for different things. 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. The Equifax credit score model falls on a credit rating scale that starts at 280 and ends at 850. Credit mix: 10%. Yes. 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. Each company uses their own proprietary means. When a lender runs your credit, they’ll usually see your three FICO scores from Experian, Equifax and TransUnion. Like, TransUnion and Equifax both get told about all your credit lines and debts, so they should both have all that data. There are many different types of credit scores and scoring models. 0. In a Nutshell. 1. My scores are 850, 850 and 840 for Experian, Equifax and TransUnion, respectively. There are two plans available: eCredable Lift for $24. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. 0 scoring model. The answer is easy. A 150-Point Difference in ScoresSimilarly, if you pay off a credit card debt and close the account entirely, your scores could drop. The point of this. You have different credit scores, so your other credit score might be higher, or lower, than the TransUnion score you see on Credit. Also the different credit bureaus do calculate the scores differently. The credit bureaus may not have the exact same information on you. 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 . At you can buy just a credit report and FICO score for $15. The other two only report the name of your employer and do not add any weight to that fact. The other two only report the name of your employer and do not add any weight to that fact. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. Suzanne Kvilhaug. TransUnion provides the VantageScore 3. For example, the number of accounts you have or your payment history may be scaled differently depending on the agency. Equifax and TransUnion scores can only be as accurate as the information they receive. 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. Comparing TransUnion vs. 0 and 2. 0 range from 501 to 990. A higher score means lower risk and vice versa. Source: Based on the VantageScore, FICO score, Equifax, and Experian credit score range model. 0 (ERS 2. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. 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. One of which is that they use different algorithms to calculate your credit score. These factors are likely to yield different credit scores, even if your credit reports are identical across the. Credit Karma isn’t a credit bureau, which means we don’t determine your credit scores. The only difference is that I have a single collections account reporting which is bogus. Right there your credit score will appear. 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. ). First, it is important to understand what a FICO score is. There is now, an almost 50 point difference, in the negative, between my Transunion score and the others. Some lenders only report to one credit bureau, while other lenders report to both. When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. 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. Along with educational articles, it offers several loan and mortgage calculators. FICO scores are calculated based on five categories that each make up a percentage of your score: 35% payment history. 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. However, these agencies may use this model to weigh each factor differently. 3 Bureau Credit Report & FICO Score: For $39. 95 per month to $19. A credit scoring model like FICO or VantageScore evaluates your Equifax credit report and. 550. And a lender may report updates to different bureaus at different times. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. Scores range from 300 (very poor) to 850 (exceptional). On Credit Karma you’ll see scores and reports from TransUnion and Equifax, both using the VantageScore 3. 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. 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. One uses FICO Score 9 based on data in my Equifax credit file. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. On Credit Karma, my score are 797 and 806 for. If we didn't, seemingly normal credit usage today would be considered a higher risk than in years past. 0 scores. For more information please visit us at and book an appointment today. Both range from 300 to 900, which is the credit score range in Canada. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. Hard inquiries help your lenders track how frequently you have applied for credit and can cause. 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). Because different lenders rely on different credit reporting agencies,. What a credit bureau is. Additionally, your score may fluctuate over time due to changes in your credit report. Equifax and TransUnion have access to different. 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. If you have any credit accounts, such as credit cards or loans, you have a credit report. 0 and 4. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. Cost of the Report. It can certainly explain why your EX score is very different than the others. TransUnion is bringing up the rear among the three. FICO® credit scores are the auto industry standard for determining a potential buyer's creditworthiness. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. Yes, equifax and transunion from credit karma so vantage score 3. 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. 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. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. 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. It shows my Transunion score from 4 months ago -February 2015 (score=715) and my Equifax score (NO SCORE) as of 1 - 4072030. Above 800 = Exceptional. It's important to know that you have more than one credit report. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. My FICO went up like with the equifax reported by credit karma. An Equifax credit score is a traditional credit score that will range from 101 to 992. Different scores use a different scoring model and are the reason why they vary. Tackling those reasons will help improve your score along with practicing good credit behaviors. In Nate’s case, Credit Karma was accurate enough to say that he had an excellent credit score, but wasn’t perfect. 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 yield different credit scores, even if your credit reports are identical across the. Why 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 reports. There are many reasons why the numbers between Equifax and Transunion may differ so much. 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. However, interest rates will be higher, and the loan amounts will often be lower. General FICO ® Scores range from 300 to 850, and so do VantageScore 3. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. Your credit card balance is higher than usual. But at my credit union, I have access to two different score models. Why is my Equifax score much lower than TransUnion? The credit bureaus may have different information. What qualifies as a good score can vary from one creditor to. This means that Equifax, Experian, and TransUnion don’t have access to exactly the same data, which accounts for the difference in credit scores. The base FICO ® Scores range from 300 to 850, while FICO's industry-specific scores range from 250 to 900. I just pulled my Transunion and Equifax FICO scores from myfico. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. That’s because most issuers report credit. My Transunion scores have always been the highest of the three. ERS 2. " 03-23-2012 12:19 AM. This model scoring scale starts at 300 (the lowest) and caps at 850. 2. Can be off by up to 100 points —causing you to under or overestimate your creditworthiness. Credit score of 846 out of 999. company, sells its score to both Equifax and TransUnion. The credit scores you see when you check a service like Experian may differ from the FICO scores a lender sees when checking your credit. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. 03-29-2007 08:24 PM. Score: 4. (Experian, Equifax and TransUnion). 0 and 4. 99, you can view your Experian, Equifax, and TransUnion credit report as well as your FICO credit score. So, if you have a $4,000 credit limit, your balance should remain below $1,200. The lower the number, the lower the individual’s credit rating. Just remember that none of your free credit reports include your credit score. Here’s why. The Equifax credit score model uses a numerical range between 280 and 850, and FICO score models use a range between 300 and 850. In my experiance, they seem to be more up to date on your payment history, but not your balance. One place to look is derogs. The scores currently showing on my credit karma account are 720/723 for Transunion and Equifax respectively. Fair: 580 to 669. Another invisible difference between these agencies is the data collected. This won’t show up on your Experian or Equifax records. Which is better TransUnion Equifax or Experian? Based on our analysis, Experian provides the best service for the money. 1 Credit Report with credit score costs Rs. The higher the number, the. Experian offers free access to credit scores and credit reports. 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. The VantageScore 3. Based on our analysis, Experian provides the best service for the money. 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's funny. . There are also third-party credit monitoring services, such as MyFICO, Identity Guard, and LifeLock. Equifax vs. This difference in emphasis can decrease or increase your credit score. Experian’s free credit score is the FICO Score 8, the score most lenders use. These scores are not provided by Credit Karma. 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. Equifax and TransUnion are two of the most popular credit bureaus in Canada, and more and more people are seeking out their services as they go to apply for mortgages, loans, condo rentals, and. A good score with TransUnion and VantageScore® 3. Can be significantly different than your FICO Scores. 0 and 4. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. 0 is an Equifax credit score model used by many lenders and institutions when making real-world lending decisions. Why are my credit scores. That’s because the lender may be using a FICO score based on data from a different credit bureau. Yes, equifax and transunion from credit karma so vantage score 3. The higher the number, the more trustworthy the consumer appears to be. Learn more. These factors are likely to. Credit score range. The whole credit industry is weird. The FICO scores are MUCH LOWER than the actual Equifax and TU scores.