One of the scoring models that TransUnion uses to calculate credit scores is VantageScore® 3. Legally you are entitled to request a credit report from Transunion and Equifax one time a year. So if Equifax has access to different information about your credit than TransUnion, your scores from each of the bureaus might also be different. The basic FICO credit score range is 300 to 850. Equifax: How to check your credit scores. The lower Equifax score compared to TransUnion can be attributed to the different factors and weighting used in their credit scoring models. 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 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. 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. 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. In other words, your credit utilization rate is how much of your available credit you’re using at any given time. My FICO went up like with the equifax reported by credit karma. 300 to 579 (poor credit): Most lenders will reject applications from borrowers with a score in this range. 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. But one of the above comments is right. So, if you have a $4,000 credit limit, your balance should remain below $1,200. Finally, let’s address what might be the most frightening reason for a drop in credit scores: Someone could have stolen your identity and applied for (and opened) credit accounts in your name. Why is my TransUnion score so low? There are two main reasons why credit scores for the same consumer can vary by more than a few points: Differences in the information on file at the three major credit bureaus – Equifax, Experian and TransUnion. Each company has its own method of collecting financial information about you, and the. Valued Member. Lenders are generally checking your FICO score, which is yet again different than either the Equifax or Transunion. My CreditWise score as of 9/12 is. Variations in the data reported by creditors and lenders, as well as. Financial Smarts Transunion vs Equifax TransUnion® Vs. 3. It falls below the national average FICO ® Score of 710, and solidly within the fair score range of 580 to 669. Why Is My Equifax Score Lower Than TransUnion? The lower Equifax number is a common concern for many. These factors are likely to yield different credit scores, even if your credit reports are identical across the. Your student loans might affect your credit scores in several different ways. The Equifax is not a FICO score. We would like to show you a description here but the site won’t allow us. The other uses VantageScore 3. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. 0. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 –. This data is then distilled and calculated to create your credit score. Equifax is reporting nearly 100 points lower, actually updated today I see it dropped another 22 points because I. Credit Karma offers even more interactive tools and resources than Experian to help you improve your credit scores and meet financial goals. 300-900. A 700 score places you right in the middle of the good range, but still slightly below the average credit score of 711. The most likely explanation is that your three reports are not exactly the same, and that in particular there is something on the EX report that makes its score worse. The CRA each calculate their scores uniquely so they do tend to move differently for different things. Even though the precise number of the ranges might vary, in practice, the differences aren't major: The higher your credit score, the better. TransUnion provides the VantageScore 3. You can find the contact information under the account details section of your credit report. Secured credit cards are a special type of card that requires a cash deposit to insure purchases made with the card. But if you find a significant difference, it’s worth investigating. Credit score ranges vary based on the credit scoring model used, but are generally similar to the following: 300-579: Poor. TransUnion’s credit monitoring services cost $24. Credit-scoring models can differ and. 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. Equifax Credit Score. Similar numbers. The Bottom Line. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted. 0 Kudos. Of course, getting at or close to 0% is best. 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. 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. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. The main difference between Equifax and TransUnion is that each has their own proprietary method to calculate credit scores. Equifax, Experian and TransUnion are the three credit bureaus responsible for reporting your credit score. 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. I had a few accounts and debts on my report that have all been. Why is my Experian score 100 points lower than TransUnion and Equifax? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. 45. 0 (ERS 2. The lower the number, the lower the individual’s credit rating. If your credit file is different with each credit bureau, then your credit score might be different as well. Experian is often a way better monitoring system based on their record keeping. Tackling those reasons will help improve your score along with practicing good credit behaviors. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. TU (900) still has me as a student. VantageScores above 780 are considered “superprime” while those between 601 and 660 are “near prime. If you have many recent inquiries, lenders may assume that you are having financial problems. From a BK years ago to: EX - 3/11 pulled by lender- 835, EQ -. 9. This is known as “credit utilization” or “credit usage ratio. There are many different scoring models. Financial experts typically recommend that your credit usage is below 30 percent of your credit availability. Recently got a credit check for a mortgage and the Equifax score was 700, much lower than expected. For more information please visit us at and book an appointment today. 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. Additionally, your score may fluctuate over time due to changes in your credit report. If you have had missed payments on this loan, then you will find your TransUnion score is a lot lower than your Experian or Equifax score. Amex primarily pulls Experian, though sometimes Equifax or TransUnion reports. Similar numbers. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. 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. Then I came directly here to myFICO and ran my FICO score. Like before, the higher the score, the stronger your credit. At you can buy just a credit report and FICO score for $15. It's just a list of your current outstanding loans, and if you're in good standing with them. wrote: I'm in the same boat. JUST NOW I ran my credit reports from all three agencies -- Experian, Equifax, Transunion. Re: Why is my transunion fico so much higher. On the home page, click on "View All Products. The other uses VantageScore 3. Maybe some small difference, like if you get a hard pull, it may only be on one but not the other. Differences in credit scoring formulas. Updated: Aug 03, 2023 Why Your Credit Scores Can Vary So Much at Equifax, Experian, TransUnion Learn why credit scores. High balances in comparison to credit limits can affect credit scores, and are a common reason for credit scores to fluctuate. 95 per month to $19. 4. One place to look is derogs. Can be off by up to 100 points —causing you to under or overestimate your creditworthiness. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the. 0 and 2. Just remember that none of your free credit reports include your credit score. Here’s why your FICO® Score 9 credit scores could be different. g. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. Hard inquiries help your lenders track how frequently you have applied for credit and can cause. 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. 0 and 2. S. Gives you a better understanding of your credit and more confidence when you apply. 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. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. WHY?? This makes no sense to me, if FICO is derived from Equifax and TU how. 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. The most common scores range from 300 points to 850 points. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. 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. The other two only report the name of your employer and do not add any weight to that fact. Hi, I use Credit Karma. Your VantageScore® 3. For example, Experian puts a 35% emphasis on your payment history, whereas TransUnion puts a 40% emphasis on this category. Makes lending decisions consistent, fast, and fair. Some report to all three. The higher a score is on this scale, the better indication that the consumer poses a lower risk to creditors. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. Below are three VantageScore 3. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted . FICO scores are calculated based on five categories that each make up a percentage of your score: 35% payment history. You Might Have Scores From Different Dates. 0 is relied on by lenders across a variety of industries. Regarding credit reports, Equifax includes 81 months of credit history, whereas TransUnion includes 84 months. But rather than comparing Equifax vs. 5/5 (35 votes) . Yes, equifax and transunion from credit karma so vantage score 3. 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. 10% types of accounts, known as credit mix. The whole credit industry is weird. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. The most likely explanation is that your three reports are not exactly the same, and that in particular there is something on the EX report that makes its score worse. Length of credit history: 15%. 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. 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. FICO. 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 a Verizon account paid in a BK that was d/c 4/4/17. FICO Scores range from 300 to 850. Different scores use a different scoring model and are the reason why they vary. . One uses FICO Score 9 based on data in my Equifax credit file. 30% total debt. Credit Score Ranges. Inquiries stay on your credit report for. While the high end of the range are all within 10 points of each other, the lower end shows a much larger span. If you discover that an impostor is using your identity, don’t panic. TransUnion offers a similar product to Experian Boost. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. 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. 9/5 ( 64 votes ) Your payment history on loan and credit accounts can play a prominent role in calculating credit scores; depending on the scoring model used, even one late payment on a credit card account or loan can result in a decrease. Score: 4. 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. Which is better Experian TransUnion or Equifax? Based on our analysis, Experian provides the best service for the money. Instead, we work with Equifax and TransUnion to. Why are my credit scores. 1. Suzanne Kvilhaug. So I subscribe to both Equifax and Experian and have two completely different credit reports and now, ratings, for both. 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. Credit Karma uses a different scoring system than the one mortgage lenders use. Lenders like to see that the outstanding total balance on your credit cards is below 30% of what you have available. Also, back in the FICO 04 days, the algorithms were customized for each CRA. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. 0 and 4. But, I am concerned about Equifax score and why it is so low. Some people want to achieve a score of 850, the highest credit score possible. Experian offers free access to credit scores and credit reports. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. They have change slightly since I originally post the. 0. A credit scoring model like FICO or VantageScore evaluates your Equifax credit report and. Here are some reasons a score can drop: Using more of your available credit. That's funny. First, the Experian scoring model may differ from the ones used by TransUnion and Equifax. 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. Some lenders only report to one credit bureau, while other lenders report to both. Equifax: why are my credit scores different? Your scores might be different on your Equifax and TransUnion credit reports. This is why it’s. So, if you have a $4,000 credit limit, your balance should remain below $1,200. Credit mix: 10%. 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. Both companies collect credit information on individual consumers, which they sell to lenders and. And a lender may report updates to different bureaus at different times. 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. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. Credit mix: 10%. | AUWhich credit bureaus banks check. Experian and Transunion are usually much higher, but neither really tops the other consistently. TransUnion ranges from a low of 300 to a high of 850. 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. Experian and Equifax are the two largest credit bureaus in the United States. Over the past couple of months, I have watched both my Experian and Equifax scores shoot up significantly, and yet my Transunion score has only gained a small few points, and actually dropped, even more. The only difference is that I have a single collections account reporting which is bogus. I wouldn't doubt if my EX score was 100 points lower than my TU or EQ scores. On Credit Karma, my score are 797 and 806 for TransUnion and Equifax. 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 is bringing up the rear among the three. First, it is important to understand what a FICO score is. 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. Even though the precise number of the ranges might vary, in practice, the differences aren't major: The higher your credit score,. Equifax 834, Transunion 900. Hello everyone! Not too long ago I made a post about my cobalt application being denied despite my Equifax credit score being 793. Unlike with FICO where a good credit score is 670, VantageScore requires between 720 and 780. Both of these credit bureaus use a dynamic scoring model, but the weight they put on each variable varies. If all is well, each agency should have all of your information identically. When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. The three credit bureaus are Equifax, Experian, and TransUnion. 3 Bureau Credit Report & FICO Score: For $39. Third parties use many different types of credit scores and. Each credit bureau will have a different credit score for each individual. But if you find a significant difference, it’s worth investigating. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. Q: I just checked my credit score and my TransUnion score is 20 points lower than the others. Sponsored. Mostly just confused why the transunion would have gone down regardless of the model used. No disputes, no reason to cause them to be removed. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. One uses FICO Score 9 based on data in my Equifax credit file. Your credit report is a record of how you manage your money. FICO® Score 8 is a little more forgiving of a one-time late payment than previous versions. company, sells its score to both Equifax and TransUnion. The scores may have different interpretations, a 600 from Equifax may be equivalent to a 700 from TransUnion. 0 range from 501 to 990. Multiple late payments matter more. Applied for multiple lines of credit. Most banks use FICO scores. 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. In this case, there might be a brief period where your Equifax credit score is significantly lower than your TransUnion credit score. ClearScore gets your credit score and report from 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. The information is compiled into a credit file. This is just to let the consumer. FICO® credit scores are the auto industry standard for determining a potential buyer's creditworthiness. A credit score discrepancy is a difference in your credit score from one credit bureau to another. It shows my Transunion score from 4 months ago -February 2015 (score=715) and my Equifax score (NO SCORE) as of 1 - 4072030. The most common scores range from 300 points to 850 points. When lenders review your credit report for the purpose of an application, a “hard inquiry” is placed on the credit report they checked. 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. Equifax offers a variety of credit monitoring services priced from $4. 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. 0 scoring model. What qualifies as a good score can vary from one creditor to. 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 scores range from 280 to 850. 590 on Experian, 651 on Transunion, exact same information for both. 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. The answer is easy. While it is possible for you to have only one credit score, it's unusual. 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. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. 15% length of credit history. My Equifax report still lists my employer as "Parental Allowance" from when my parents helped me get my first credit card at 18. Credit Karma is a user-friendly online service that offers free Vantage 3. Both companies collect credit information on individual consumers, which they sell to lenders and. Would love to know the answer! Hello - 1303709Understanding credit score ranges. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score. . Your Experian, Equifax and TransUnion credit reports should be fairly similiar. As the model differs, the results do the same. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. Experian Credit Reporting and TransUnion Credit Reporting are very close in quality and have the same overall rating. TransUnion report is accurate and I am pleased with my score. 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. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. Chase favors Experian, but may also buy Equifax or TransUnion reports. Lenders also use but the Equifax score may be weighted differently. 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. FTC's website on credit. Like all credit-reporting agencies, TransUnion and Equifax use. The first two versions of the VantageScore ranged from 501 to 990, but the latest VantageScore 3. Transunion Vs. I work at a credit union and can tell you we only report to Equifax and Experian. Experian’s free credit score is the FICO Score 8, the score most lenders use. | Last update: February 9, 2022. . 280 - 850. The Differences Between Equifax, Transunion, and FICO. FICO scores are general purpose credit scores developed. Would these all be the same? Not necessarily. These are FICO 8 scores. Experian says it would be “unusual” if your credit scores align. 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. 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. VISIT SITE. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. 0 based on my TransUnion credit. If you’re wondering why your Experian score is lower, you’re in the right place. ALL of my AU accounts that have been reporting for over a decade were removed from Equifax over the past week. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. Credit takes time to grow. In addition, TransUnion reports your employment history and personal information. What a credit bureau is. 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. A 150-Point Difference in ScoresSimilarly, if you pay off a credit card debt and close the account entirely, your scores could drop. Say you have a loan from a lender that only reports to TransUnion. 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. TransUnion 30%. TransUnion scores better than Equifax across: Plans and Pricing, Report Details and Frequency, Credit Bureau & Credit Scores, and Monitoring and Extra Features. Then there are “educational” credit scores. However, these agencies may use this model to weigh each factor differently. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. Was the Experian score pulled by a lender? And if so, what kind of lender?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. Right there your credit score will appear. 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. When it comes to the TransUnion vs. If you are a CIBC client and are using the bank’s mobile banking app, you can check your Equifax credit report for free online. The higher the number, 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. Debt balances make up about 30% of the typical credit score. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. I just pulled my Transunion and Equifax FICO scores from myfico. Yeah and I wish they'd explain exactly what they did wrong. The lower the number, the lower the individual’s credit rating. In both cases, higher. This could lead to a person having a relatively lower score on Experian compared to the two other bureaus. Why is my TransUnion score 100 points lower than my Equifax? You might expect all of your credit reports and scores to be the same, but they are usually not. A good score with TransUnion and VantageScore® 3. FICO credit scores have the following ranges: Below 580 = Poor. 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. A few hours later, my Equifax Vantage Score 3. If your credit score dropped unexpectedly, there is a reason why and your credit reports will reveal the reason. The middle one was Transunion FICO 4 at 762, so I am getting the best rates. Although FICO and VantageScore use the same data, they process. 670-739 = Good. 95, but it is a little hard to find. Equifax: 711. Your Equifax score can be lower than your TransUnion score for a variety of reasons. Why is my Equifax so much lower than TransUnion? The lower Equifax number is a common concern for many people. A few inquiries a year is normal, but may cause a temporary drop in your credit score. It could be because of a high reported balance on a credit card account, a new application for credit, or a sign of identity theft. TransUnion however gives me a credit score of 780 and Equifax a credit score of 730. My VantageScore number is 41 points lower than my FICO score -- still lower, but a less drastic difference than what Brian saw. And even though the credit bureaus may have the same information, each bureau has proprietary algorithms that might score you differently. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit bureaus—which is also. 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. ”. 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. Feb 25, 2022. And less accurate for the lender ultimately. 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. 0 use the same 300-to-850 range as base FICO ® scores. Good: 670 to 739. That’s the highest factor percentage, which means it’s critical to pay bills on time with no exceptions. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Why Is My Experian Score So Much Lower Than Transunion And Equifax. That said, Experian scores better than TransUnion across: Report Details and Frequency, and Credit Bureau & Credit Scores. It can certainly explain why your EX score is very different than the others. Second, Experian considers a different. wrote: Why is my Experian score 74 points lower than my TU and Equifax scores? It reports the same stuff as the other 2. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. Score: 4. Your credit card balance is higher than usual. One of which is that they use different algorithms to calculate your credit score. The scores we provide are actual. 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. FICO scores are generally calculated using five categories of information. Credit Karma says it's using Equifax and Transunion, and both of these agencies are showing similar scores. Why is my Experian 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. Dispute directly with the company that reported the information to TransUnion. It may also be looking at a different FICO scoring method. 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. TransUnion. I will update these charts on a monthly basis and make notes of any. TransUnion uses the VantageScore ® credit scoring model to calculate your credit score. They’ll likely be slightly different, and it’s possible they could be very different. Re: Transunion credit score is 35+ points lower than Experian and Equifax scores. Another invisible difference between these agencies is the data collected. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted. 1/5 (66 votes) . . 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. 8/5 (74 votes) . Experian CreditWorks Basic: View your Experian credit report for free every month. 5. Data Collected. Current spread is 81 points.