Why do different companies give me different credit scores?
There are likely to be three slightly different versions of your credit report, because lenders don’t always share the same information with all three major credit reference agencies – Experian, Equifax and TransUnion (formerly Callcredit).
Why are my TransUnion and Equifax scores so different?
The credit bureaus may have different information. And a lender may report updates to different bureaus at different times. 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 score.
Is FICO or TransUnion more accurate?
Many consumers are more familiar with FICO scores, as VantageScore is a more recent development, so you may be wondering if a TransUnion credit score is accurate….TransUnion® Credit Monitoring.
| Bureaus Checked | 3 Bureaus |
|---|---|
| Reputation Score | 8.5/10 |
Why is my TransUnion score different from 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 three credit bureaus—which is also unusual.
Is Equifax more important than TransUnion?
TransUnion uses most of the same personal information that Equifax does in scoring your credit; however, TransUnion may find certain aspects of your credit history more important than Equifax does. For example, TransUnion credit reports feature a more extensive employment history section.
Which credit score is most accurate?
FICO Score
The most accurate credit scores are the latest versions of the FICO Score and VantageScore credit-scoring models: FICO Score 8 and VantageScore 3.0. It is important to check a reputable, accurate credit score because there are more than 1,000 different types of credit scores floating around.
Why is my FICO score so much higher than TransUnion?
When the scores are significantly different across bureaus, it is likely the underlying data in the credit bureaus is different and thus driving that observed score difference. So, make sure the credit scores you are comparing are actual FICO Scores. The FICO scores should be accessed at the same time.
Why is Credit Karma so far off?
Credit Karma receives information from two of the top three credit reporting agencies. This indicates that Credit Karma is likely off by the number of points as the lack of information they have from Experian, the third provider that does not report to Credit Karma.
Which one matters more TransUnion or Equifax?
Which credit site is most accurate?
WalletHub is the best credit score site because it offers free scores that are updated on a daily basis.
Which credit reporting bureau is the most accurate?
Who’s this for? FICO scores are used in over 90\% of lending decisions making the FICO® Basic, Advanced and Premier services the most accurate for credit score updates. All plans offer access to 28 versions of your FICO score, including scores for credit cards, mortgages and auto loans.