When a lender runs your credit, they’ll usually see your three FICO. TransUnion includes personal information and employment data, while Equifax focuses more on credit behavior and traditional credit data. These are all Fico score 8 scores which uses a 300-850 scale. Some lenders only report to Experian or Equifax. 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. . The Equifax credit score model uses a numerical range between 280 and 850, and FICO score models use a range between 300 and 850. A credit score is no more than a snapshot of your credit profile at one point in time. I just pulled my Transunion and Equifax FICO scores from myfico. Some report to all three. Secured credit cards are a special type of card that requires a cash deposit to insure purchases made with the card. Why is Equifax always lower than TransUnion?. 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. 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. The most common scores range from 300 points to 850 points. Credit Score Range. The VantageScore 3. Credit mix: 10%. These factors are likely to yield different credit scores, even if your credit reports are identical across the. The Differences Between Equifax, Transunion, and FICO. No searches, no defaults no nothing. 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. 590 on Experian, 651 on Transunion, exact same information for both. TU (900) still has me as a student. A creditor could be reporting your payments to just one or two of them, instead of all three. These factors are likely to. A credit score discrepancy is a difference in your credit score from one credit bureau to another. This includes an. 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. Equifax: why are my credit scores different? Your scores might be different on your Equifax and TransUnion credit reports. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. Why is my Credit Karma score higher than my actual score? 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 way lower than Equifax? The credit bureaus may have different information. My Equifax report still lists my employer as "Parental Allowance" from when my parents helped me get my first credit card at 18. To maximize all these scores you. Inquiries stay on your credit report for. first time posting on here! I have pulled my credit reports from TU (743) and EQ (721) and having a WalMart CC have also pulled my FICO score there (684). Would love to know the answer! Hello - 1303709Understanding credit score ranges. The middle one was Transunion FICO 4 at 762, so I am getting the best rates. TransUnion and Equifax calculate credit scores differently. This data is then distilled and calculated to create your credit score. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. The CRA each calculate their scores uniquely so they do tend to move differently for different things. It's basically the difference between a report and a score. 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. Yes, equifax and transunion from credit karma so vantage score 3. Other factors used in determining. Would love to know the - 1303709And FICO says scores between 670 and 739 qualify as good scores. Would these all be the same? Not necessarily. The other two only report the name of your employer and do not add any weight to that fact. We all collect similar information, and. 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 lower Equifax number is a common concern for many people. There are many different types of credit scores and scoring models. 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. Both companies collect credit information on individual consumers, which they sell to lenders and. 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. TransUnion: Credit Rating. You also have auto, mortgage and bankcard scores. I understand that they are different companies with different algorithms so a different credit score is understandable. 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. 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. A good VantageScore lies between 661 and 780, which the company calls a “prime” credit tier. 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. Gives you a better understanding of your credit and more confidence when you apply. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. Equifax and Transunion use FICO 04 models for mortgage scores (309-839 and 334-818). ERS 2. It however is still being marked as an open collections account. Amex primarily pulls Experian, though sometimes Equifax or TransUnion reports. But if you’re looking to take out a loan anytime soon, we still. That being said, if any credit score (even an. Like, TransUnion and Equifax both get told about all your credit lines and debts, so they should both have all that data. Very good: 740 to 799. The VantageScore model wasn’t introduced until 2006. Here’s how the score ranges are broken down: 800-850 – Excellent. FICO Scores range from 300 to 850. You are accessing the "consumer" credit report. Even large deviations between credit scores from. 0 adopted the same. As the model differs, the results do the same. Credit score range. Even though the precise number of the ranges might vary, in practice, the differences aren't major: The higher your credit score,. Equifax, Experian and TransUnion are the three credit bureaus responsible for reporting your credit score. This is known as “credit utilization” or “credit usage ratio. Score: 4. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. Also it is at least possible that this is simply a question of the different scoring algorithms computing a different score. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. My Transunion score is in the tank though at around 567. 30% total debt. All consumers are entitled to one free. 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. On Credit Karma, my score are 797 and 806 for TransUnion and Equifax. 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. The other two only report the name of your employer and do not add any weight to that fact. Most lenders (at least in the midwest) pull their reports from Equifax and almost all of them report to Equifax, which is why it tends to be the lowest of the three. Transunion Vs. Equifax vs. Yes we display your Equifax credit score. 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. The most common scores range from 300 points to 850 points. TransUnion however gives me a credit score of 780 and Equifax a credit score of 730. 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. One uses FICO Score 9 based on data in my Equifax credit file. For example, the number of accounts you have or your payment history may be scaled differently depending on the agency. 0 and 4. One other thing to note is that the length of your credit history used by the 2 credit bureaus is different as well. Experian gives a more detailed picture of a person’s financial history, including payment timeliness and debt utilization. My Experian is looking pretty tidy. This could lead to a person having a relatively lower score on Experian compared to the two other bureaus. Yes, equifax and transunion from credit karma so vantage score 3. 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. . Users of TransUnion eCredable Lift can report their utility bill payments, resulting in an overnight improvement to their 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. Credit Karma is a user-friendly online service that offers free Vantage 3. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. Of course, getting at or close to 0% is best. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. | Last update: February 9, 2022. It is really affecting me getting an auto loan. 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. 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 are two plans available: eCredable Lift for $24. 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. Data Collected. Help spot potential signs of ID theft with 3-bureau credit file monitoring; Control access to your Equifax credit report, with certain exceptions, with the freedom to lock and unlock it; Uncover potential threats to your identity with dark web scanning and alerts Go to TransUnion’s site and submit a new dispute. FICO 5 relies solely on data from the credit reporting agency Equifax, while FICO 8 uses data from all three major credit reporting agencies: Equifax, Experian, and TransUnion. There is now, an almost 50 point difference, in the negative, between my Transunion score and the others. Experian is 601 and Equifax is around 689. Because there are varied scoring models, you'll likely have different scores from different providers. FICO scores are general purpose credit scores developed. Equifax and TransUnion scores can only be as accurate as the information they receive. Cost of the Report. ). In fact depending on the credit bureau it can range up to 80 point difference. Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our. And even though the credit bureaus may have the same information, each bureau has proprietary algorithms that might score you differently. FICO, which is a U. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. In addition, TransUnion reports your employment history and personal information. " On the next page, click on the "Reports Only" tab. 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 . Your VantageScore® 3. (Experian, Equifax and TransUnion). 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. Makes lending decisions consistent, fast, and fair. 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. company, sells its score to both Equifax and TransUnion. 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. Equifax®: Which Score Matters More? Victoria Araj 6-Minute Read UPDATED: October 30, 2023 The look of your credit score can be. FICO. 95, but it is a little hard to find. Partly because FICO makes many scoring models, and also because the data that goes into the model could come from three different places. The higher the number, the. FICO and TransUnion’s New Account Score ranges from 300 to 850; Vantage, from 501 to 990; Equifax’s is between 280 and 850 and Experian ’s is 330 to 830. Financial Smarts Transunion vs Equifax TransUnion® Vs. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. However, interest rates will be higher, and the loan amounts will often be lower. TransUnion 30%. This is just to let the consumer. The other two only report the name of your employer and do not add any weight to that fact. All you need is to follow the steps below: Login to your CIBC account on the mobile app. 0 (ERS 2. Don’t be worried if that’s the case. The lower the number, the lower the individual’s credit rating. 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 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. Why is Equifax always lower than TransUnion? Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. Differences in credit scoring formulas. The lower the number, the lower the individual’s credit rating. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. g. 118 and 1 credit report with credit score costs Rs. CreditWise uses TransUnion’s VantageScore 3. For instance, Equifax uses a scoring model known as the Equifax Credit Score, while TransUnion uses a scoring model known as the. Credit-scoring models can differ and. Learn more. wrote: I'm in the same boat. Legally you are entitled to request a credit report from Transunion and Equifax one time a year. TransUnion uses the VantageScore ® credit scoring model to calculate your credit score. Transunion Vs. 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 my Equifax score low? A low score (less than 650) indicates a high-risk customer with a high probability of defaulting on debt obligations. One uses FICO Score 9 based on data in my Equifax credit file. Your score differs. It should just be math. Additionally, if the account you closed was your oldest line of credit, it could negatively impact. 0 scoring model. Equifax Credit Score. The first two versions of the VantageScore ranged from 501 to 990, but the latest VantageScore 3. For more information please visit us at and book an appointment today. Even if they have the same accounts and balances they may classify them differently. FICO scores are generally calculated using five categories of information. Each of the three nationwide consumer reporting agencies (Equifax, TransUnion and Experian) might include different reported information such as your current credit limits and account balances, as well as information on certain public records like a bankruptcy. Would love to know the answer! Hello - 1303709Why 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. Feb 25, 2022. 580-669: Fair. 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. If you’re wondering why your Experian score is lower, you’re in the right place. 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. A credit score discrepancy is a difference in your credit score from one credit bureau to another. Mostly just confused why the transunion would have gone down regardless of the model used. In contrast, TransUnion offers a free plan, as well as a subscription plan that costs $24. Then I came directly here to myFICO and ran my FICO score. These are things like lates and collections and. It was a Verizon account paid in a BK that was d/c 4/4/17. My mortgage broker said because of the 588 score, I wont even get an offer from her 30 lendors so she said it's probably not worth even applying/trying until I get that to an even 650 on Equifax. A 150-Point Difference in ScoresSimilarly, if you pay off a credit card debt and close the account entirely, your scores could drop. Experian is often a way better monitoring system based on their record keeping. In Nate’s case, Credit Karma was accurate enough to say that he had an excellent credit score, but wasn’t perfect. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. In fact, 90% of lenders check FICO Scores rather than any other types of credit scores, though VantageScore is rapidly gaining popularity. 0. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. Why is my Equifax score lower than Transunion? That’s like almost 100 point difference between Transunion and Equifax! The difference between my personal Transunion and Equifax credit scores. That's funny. Equifax Any site that compares numbers and does a bunch of data-crunching will probably have their. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted . You have different credit scores, so your other credit score might be higher, or lower, than the TransUnion score you see on Credit. There are a number of reasons for this. TransUnion. Takedown request | View complete. One or more of your lenders aren't reporting to Transunion. It's also the least friendly to those just starting out building credit. Equifax is reporting nearly 100 points lower, actually updated today I see it dropped another 22 points because I. Can someone tell me why the MyFICO TU score is 59 points. FICO is a separate product issued by a separate company. 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. Credit takes time to grow. We would like to show you a description here but the site won’t allow us. They’ll likely be slightly different, and it’s possible they could be very different. 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. Below are three VantageScore 3. 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. 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. 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. TransUnion is bringing up the rear among the three. The other two only report the name of your employer and do not add any weight to that fact. But I have not had any alerts or changes since January 20 on Equifax at all. Even though the precise number of the ranges might vary, in practice, the differences aren't major: The higher your credit score, the better. FICO ® Scores have been updated to reflect this change in behavior. Variations in the data reported by creditors and lenders, as well as. 5 reasons your FICO score may be lower than your credit score. Everyone’s ability to interpret information differently just makes it nebulous and less than useful for the consumer. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score. Why is my Equifax 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. 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. The credit scores and reports you see on Credit Karma should accurately reflect your credit information as reported by those bureaus. ”Earlier this year, pharmacy technician Curtis Webb thought his credit score was high enough to help him snag good terms on a mortgage. wrote: Why is my Experian score 74 points lower than my TU and Equifax scores? It reports the same stuff as the other 2. This purchase is only good for a one-time view. Lenders like to see that the outstanding total balance on your credit cards is below 30% of what you have available. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. Score: 4. 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. Equifax offers a variety of credit monitoring services priced from $4. Re: Why is my transunion fico so much higher. If you plan on applying for credit, make sure to check your FICO Score since there’s. Is there a specific reason for this? A: The reason your credit scores are different from each other is because of the different information that the credit bureaus have about you. Experian offers free access to credit scores and credit reports. I have been watching my score with Credit Karma and just checked by paying Equifax, and my EQ is 81 points lower. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Your Equifax credit score may be sometimes lower and sometimes higher than your TransUnion score for a variety of reasons, including: Each of Canada’s two major credit bureaus use different credit scoring models to establish your credit score and file. These factors are likely to yield different credit scores, even if your credit reports are. Yes. 590 on Experian, 651 on Transunion, exact same information for both. 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. The whole credit industry is weird. Credit Report costs Rs. 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. 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. Unlike with FICO where a good credit score is 670, VantageScore requires between 720 and 780. Taking a 290K loan, I have been paying $1900/month for almost 1. Whether it's a 9 point drop or a 90 point drop shouldn't cause you to lose any sleep. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 –. Equifax. 0 and 4. 5. Credit-scoring Models Are Different. ALL of my AU accounts that have been reporting for over a decade were removed from Equifax over the past week. Your Equifax credit score is more likely to appear lower than your TransUnion one because of the reporting differences, but a “fair” score from TransUnion is typically “fair. A good score with TransUnion and VantageScore® 3. Here are some reasons a score can drop: Using more of your available 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. These companies compile information about your credit into reports that are used to generate your credit scores. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. Multiple factors could account for why your scores are different. Which is better Experian TransUnion or Equifax? Based on our analysis, Experian provides the best service for the money. 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. Score: 4. Each company has its own method of collecting financial information about you, and the. 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. 9. 0 scores from TransUnion and Equifax. By law,. Each company has its own method of collecting financial information. Different scores use a different scoring model and are the reason why they vary. On the other hand, TransUnion’s CreditVision Risk Score looks at data over the past 24 months. In my experience, I've found Equifax is generally more thorough than Transunion. 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. 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. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. 5/5 (35 votes) . In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. 95 a month. ClearScore gets your credit score and report from Equifax. A “good” score may rest in the 661 – 720 range. Depending on what your scores are, you may wonder what they mean. Why are my scores differ so much and Which score will…Experian, Equifax, and TransUnion each offer credit monitoring services. Equifax 834, Transunion 900. Financial Topics Life Stages TransUnion vs Equifax: How They Differ By Jacqueline DeMarco · June 06, 2023 · 6 minute read We’re here to help! First and. In general, good credit scores can make it easier and cheaper to borrow than low credit scores. The score from Experian is FICO 08 scored as well. FICO. TransUnion includes personal information and employment data, while Equifax focuses more on credit behavior and traditional credit data. Here are the services that. They. 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. So, if you have a $4,000 credit limit, your balance should remain below $1,200. 0 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. com. VantageScore – it began in 2006 and is what Credit Karma uses. 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. 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. Final Verdict. There are many different scoring models. Experian utilizes the FICO scoring model while TransUnion scores are based on the VantageScore model. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. The Equifax credit score you receive from the Borrowell website is generated directly from Equifax and is called the Equifax Risk Score 2. On the next page, click on "Equifax Credit Report & Score. Equifax credit scores are not used by lenders and creditors to assess consumers' creditworthiness. What a credit bureau is. The credit scores and reports you see on Credit Karma should accurately reflect your credit information as reported by those bureaus. 8/5 (74 votes) . Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. Equifax and TransUnion have access to different. Along with educational articles, it offers several loan and mortgage calculators. The answer is easy. Equifax Equifax scores range from 280 to 850. On top of that, these credit reporting agencies use different scoring models to produce credit scores. . Score: 4. 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). 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. 0. Your score — along with other. If your credit score dropped unexpectedly, there is a reason why and your credit reports will reveal the reason. It’s also important to note that credit scores are only sometimes 100% accurate and can vary. 0 use the same 300-to-850 range as base FICO ® scores. 0 in July 2021 was 693. 0 is relied on by lenders across a variety of industries. The other two only report the name of your employer and do not add any weight to that fact. 4/5 ( 47 votes ) The lower Equifax number is a common concern for many people. Both companies collect credit information on individual consumers, which they sell to lenders and. THere are many more than that. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. The latter recognizes that I have a $27 delinquency, whereas Transunion says my credit report is clean. Suzanne Kvilhaug. 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. Financial experts typically recommend that your credit usage is below 30 percent of your credit availability. 0 scoring model. 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. 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. If you have any credit accounts, such as credit cards or loans, you have a credit report. That’s because most issuers report credit. 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 higher the number, the more trustworthy the consumer appears to be. FICO 8 is more. First, the Experian scoring model may differ from the ones used by TransUnion and Equifax. When it comes to the TransUnion vs. JUST NOW I ran my credit reports from all three agencies -- Experian, Equifax, Transunion. And a lender may report updates to different bureaus at different times.