Variations in the data reported by creditors and lenders, as well as. My CreditWise score as of 9/12 is. Re: Why is my transunion fico so much higher. The credit bureaus may not have the exact same information on you. Experian always seems to be my middle score while Equifax brings up the rear. 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. Of course, there are several different versions of FICO scores, and the one your lender uses could be different than the one you get from Discover or Experian's. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. For more information please visit us at and book an appointment today. 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. ERS 2. 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. 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. 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. I have 755 with Transunion, and 646 with 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 about your credit accounts. I thought it would help me get a good. Only Credit Report costs Rs. 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. 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. By comparing the different reports from each agency, you can make a more informed decision. For more information please visit us at and book an appointment today. Would these all be the same? Not necessarily. wrote: wrote: I'm in the same boat. You’ll be able to attach supporting documents to your dispute if you submit it directly with TransUnion. The main difference between Equifax and TransUnion is that each has their own proprietary method to calculate credit scores. Learn more. 95 per month. Equifax. Generally, the credit bureaus collect information from different sources and have their own scoring model. We would like to show you a description here but the site won’t allow us. Why is my TransUnion score so much lower than Equifax? The credit bureaus may have different information. 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. This may be a silly question but how come my Experian score is so much more different than my Equifax and Transunion scores? I get that they vary a little depending on the credit reporting company but my Experian score is drastically lower than the other two and I'm not sure why. 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. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. If your credit score dropped unexpectedly, there is a reason why and your credit reports will reveal the reason. "The most widely used credit scoring model is the FICO 8, which is used by the three largest credit bureaus, Equifax, Experian, & TransUnion (The Big Three). The other two only report the name of your employer and do not add any weight to that fact. Why is my TransUnion score 100 points lower than Equifax? The credit bureaus may not have the exact same information on you. FICO. Equifax vs. Key Takeaways. The point of this. It falls below the national average FICO ® Score of 710, and solidly within the fair score range of 580 to 669. It's also the least friendly to those just starting out building 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. 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. 580-669 = Fair. The lower Equifax number is a common concern for many people. While it is possible for you to have only one credit score, it's unusual. Second, Experian considers a different. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. 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. See your credit utilization rate details for each bureau. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. A 700 score places you right in the middle of the good range, but still slightly below the average credit score of 711. It can certainly explain why your EX score is very different than the others. 10% new credit. 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. But if you find a significant difference, it’s worth investigating. The result is that there are multiple FICO Score versions available, in addition to the most widely used version, FICO Score 8. That’s because the lender may be using a FICO score based on data from a different credit bureau. Above 800 = Exceptional. At first, VantageScore credit scores featured a different numerical scale (501 to 990). 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. Some report to all three. In addition, late payments remain on your Equifax credit report for seven years. Credit card utilization is the ratio of credit card balances to available credit card limits. Below are the reasons mentioned for Equifax:What is the difference between Experian and Equifax and which one might be better for you? Read more to find out. There are also third-party credit monitoring services, such as MyFICO, Identity Guard, and LifeLock. Both companies collect credit information on individual consumers, which they sell to lenders and. The above actions will provide the necessary details needed by TransUnion to recalculate your score using your new address details. ALL of my AU accounts that have been reporting for over a decade were removed from Equifax over the past week. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. You’ll have to purchase your credit score separately. You can find the contact information under the account details section of your credit report. The credit scores and reports you see on Credit Karma should accurately reflect your credit information as reported by those bureaus. But I have not had any alerts or changes since January 20 on Equifax at all. You also have auto, mortgage and bankcard scores. TransUnion 30%. When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. So if you don't see Equifax in. 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. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. It is normal for there to be a difference among your scores because of what goes in to calculating them, and it is normal for your Equifax and Transunion scores to be more similar than Experian because Experian FICO 2 is the 1998 version while both Transunion FICO 4 and Equifax FICO 5 are the 2004 version. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. TransUnion is bringing up the rear among the three. Maybe some small difference, like if you get a hard pull, it may only be on one but not the other. 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. First, it is important to understand what a FICO score is. Credit score ranges vary based on the credit scoring model used, but are generally similar to the following: 300-579: Poor. FICO is used in about 90% of lending decisions. Credit mix: 10%. This month I've had two statements reported on Feb. CreditWise uses TransUnion’s VantageScore 3. We’ll be covering that in greater detail below. Experian and Transunion are usually much higher, but neither really tops the other consistently. The latter recognizes that I have a $27 delinquency, whereas Transunion says my credit report is clean. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted. Score: 4. Like all credit-reporting agencies, TransUnion and Equifax use. For instance, if you have a credit card with a $1000 credit limit reporting as a $100 credit limit, this could cause a big hit to your credit utilization ratio. In contrast, TransUnion offers a free plan, as well as a subscription plan that costs $24. 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. Credit Karma is a user-friendly online service that offers free Vantage 3. You can find the contact information under the account details section of your credit report. WHY?? This makes no sense to me, if FICO is derived from Equifax and TU how. 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. Although ranges vary. A good score with TransUnion and VantageScore® 3. For instance, Equifax uses a scoring model known as the Equifax Credit Score, while TransUnion uses a scoring model known as the. It also impacts your cost of borrowing. Equifax, Experian and TransUnion are the three credit bureaus responsible for reporting your credit score. Since then TU has been the laggard of the three most of the time. Scores range from 300 (very poor) to 850 (exceptional). 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. A FICO score of 650 is considered fair—better than poor, but less than good. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted . Secured credit cards may be especially helpful. Transunion: 676. Equifax offers a variety of credit monitoring services priced from $4. On the next page, click on "Equifax Credit Report & Score. Many creditors have a custom one, so may not even use the score you see. A credit score is no more than a snapshot of your credit profile at one point in time. Different scores use a different scoring model and are the reason why they vary. FICO® Score 8 is a little more forgiving of a one-time late payment than previous versions. Message 2 of 8. My FICO went up like with the equifax reported by credit karma. 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. Some key factors in your scores, like on-time payments and age of credit history, can take several months or even years to establish. 0 Kudos. Both of these credit bureaus use a dynamic scoring model, but the weight they put on each variable varies. 0 scores. Why is my TransUnion score way lower than Equifax? The credit bureaus may have different information. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. These scores are not provided by Credit Karma. So, if you have a $4,000 credit limit, your balance should remain below $1,200. 0. Credit bureaus are companies that collect consumer credit information. 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. For example, your Experian credit score. “Late” generally means at least 30 days after the due date. Equifax 834, Transunion 900. Equifax and Transunion use FICO 04 models for mortgage scores (309-839 and 334-818). Inquiries stay on your credit report for. Comparing TransUnion vs. These are FICO 8 scores. 8/5 (74 votes) . Taking a 290K loan, I have been paying $1900/month for almost 1. 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. Equifax is 100 points lower than TransUnion. And a lender may report updates to different bureaus at different times. These are things like lates and collections and. 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. 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. Tackling those reasons will help improve your score along with practicing good credit behaviors. Generally, anything over 556 is an acceptable credit score. ”. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. 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. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. I understand that they are different companies with different algorithms so a different credit score is understandable. Even though the precise number of the ranges might vary, in practice, the differences aren't major: The higher your credit score, the better. It's basically the difference between a report and a score. Identity Guard. Because different lenders rely on different credit reporting agencies,. But one of the above comments is right. A few hours later, my Equifax Vantage Score 3. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. Equifax comparison, both rely on some of. And a lender may report updates to different bureaus at different times. The three credit bureaus are Equifax, Experian, and TransUnion. 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. Experian says it would be “unusual” if your credit scores align. 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 and Equifax are the two largest credit bureaus in the United States. FICO credit scores have the following ranges: Below 580 = Poor. 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. Hi, I use Credit Karma. between my two scores could stem from the fact that Equifax reports a slightly longer history and more accounts than TransUnion. So I subscribe to both Equifax and Experian and have two completely different credit reports and now, ratings, for both. Citi usually pulls credit reports from Equifax or Experian. 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. This data is then distilled and calculated to create your credit score. On the other hand, TransUnion’s CreditVision Risk Score looks at data over the past 24 months. 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. They might also weigh your information differently depending on the type of credit account for which you've applied. Other factors used in determining. The other two only report the name of your employer and do not add any weight to that fact. At you can buy just a credit report and FICO score for $15. In both cases, higher. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. But Canadian consumers cannot access their. Helpfully, and perhaps defensively (if it does report lower scores than the other bureaus), Experian has an explainer article. 0 vs FICO 8 credit score comparison charts for TransUnion, Experian, and Equifax with my credit scores. Financial Smarts Transunion vs Equifax TransUnion® Vs. 1. 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 why. The Equifax credit score you receive from the Borrowell website is generated directly from Equifax and is called the Equifax Risk Score 2. Credit-scoring models can differ and. Of course, getting at or close to 0% is best. TransUnion uses the VantageScore ® credit scoring model to calculate your credit score. Your score — along with other. The average VantageScore 3. Credit takes time to grow. New credit: 10%. 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. Very good: 740 to 799. 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. Meanwhile, VantageScore 3. 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. My Equifax is more than 100 points lower than my TU score. One uses FICO Score 9 based on data in my Equifax credit file. 0. Equifax Any site that compares numbers and does a bunch of data-crunching will probably have their. There are many different types of credit scores and scoring models. 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. 95 a year and eCredable LiftLocker for $9. 2. Even if the two bureaus received. 740-799 = Very Good. I had a few accounts and debts on my report that have all been. The Equifax credit score model uses a numerical range between 280 and 850, and FICO score models use a range between 300 and 850. 0. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. Score: 4. In my experience, I've found Equifax is generally more thorough than Transunion. This means that there is not only a clear 200 point difference between these two bureaus but the “perfect scores” are also different, which is 1000 as reported by Experian and 1200 as reported by Equifax. Equifax and TransUnion scores can only be as accurate as the information they receive. Both companies collect credit information on individual consumers, which they sell to lenders and. 0 model includes additional factors such as rent history and a ‘trended’ credit. It's a good idea to take advantage of this every year, to check that everything is accurate and. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 – 739 and higher. 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. Depending on the date of your report, there could be slight differences in the score we have and the one Equifax has. FTC's website on credit. TransUnion scores better than Equifax across: Plans and Pricing, Report Details and Frequency, Credit Bureau & Credit Scores, and Monitoring and Extra Features. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. Even large deviations between credit scores from. Experian: 715Score: 4. TransUnion uses a 7 year credit history while Equifax calculates it based on a time interval of 6 years and 9 months. 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 . 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. Then there are “educational” credit scores. However being under 700 on one while being over 800 on the other is unusual. It was a Verizon account paid in a BK that was d/c 4/4/17. Don’t be worried if that’s the case. This model scoring scale starts at 300 (the lowest) and caps at 850. Why is my TransUnion score lower? Your credit scores are calculated using information in your credit reports, so it's normal to see your score change as lenders provide updates to that information. TransUnion is bringing up the rear among the three. FICO. com. Hard inquiries help your lenders track how frequently you have applied for credit and can cause. The whole credit industry is weird. 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. For example, let's say you're going to buy a house. 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 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. " 03-23-2012 12:19 AM. Also the different credit bureaus do calculate the scores differently. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. 0 in July 2021 was 693. VantageScore uses three different credit bureaus — Experian, Equifax, and TransUnion — to compete against FICO, and each bureau uses different algorithms. 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. “It was close to 730. 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. Different FICO models can produce very different scores. Multiple late payments matter more. Here are the services that. 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. Why Is My Experian Score So Much Lower Than Transunion And Equifax. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the criteria. Credit bureaus are companies that collect consumer credit information. An Equifax credit score is a traditional credit score that will range from 101 to 992. If all is well, each agency should have all of your information identically. I don't understand how they can be different by 30 points, let alone. 0 and 4. Transunion Vs. Certain things are plus or minus out of 800 this is your score. Source: MyFICO. 164 (including taxes/handling charges). Although your scores in the two credit scoring models should be similar, it makes sense to check the score lenders are more likely to use. An "official" credit report is the one that a lender pulls direct from equifax or transunion. Higher credit scores generally result in more favorable credit terms. Consumers normally do not have a single score but rather many credit 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. Good: 670 to 739. It is really affecting me getting an auto loan. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. 550. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. Why is my Experian score 100 points higher than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. Transunion Vs. Why is my Experian score 100 points higher than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. A few inquiries a year is normal, but may cause a temporary drop in your credit score. The credit bureaus may have different information. 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. This could lead to a person having a relatively lower score on Experian compared to the two other bureaus. Yes. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. There are many different scoring models. Chase favors Experian, but may also buy Equifax or TransUnion reports. Your Equifax credit. 95 a year and eCredable LiftLocker for $9. VantageScore – it began in 2006 and is what Credit Karma uses. 590 on Experian, 651 on Transunion, exact same information for both. 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. That’s the highest factor percentage, which means it’s critical to pay bills on time with no exceptions. 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. Experian is often a way better monitoring system based on their record keeping. On Credit Karma, my score are 797 and 806 for. Sponsored. 590 on Experian, 651 on Transunion, exact same information for both. My Equifax Dispute. There are many different scoring models. Why is my Equifax so much lower than TransUnion? The lower Equifax number is a common concern for many people. 0 credit score was lowered by 72 points. Multiple factors could account for why your scores are different. 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. 0 and 4. 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. 0 and 2. 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. 0 is between 720 and 780. 0 scoring model. The other two only report the name of your employer and do not add any weight to that fact. A creditor could be reporting your payments to just one or two of them, instead of all three. They use different formulas to calculate your credit score. To maximize all these scores you. Experian is one of the three major credit bureaus, along with Equifax and TransUnion. Fiance's scores are 770 and 760 for Equifax and TransUnion respectively. I thought 900 was a hypothetical score, like someone bowling 300. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. 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. No searches, no defaults no nothing. Equifax and TransUnion scores can only be as accurate as the information they receive. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. Why Is My Equifax Score Lower Than TransUnion? The lower Equifax number is a common concern for many people. 95 per month. 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. They are two different companies that offer two different, albeit similar, products. 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. Why is my Equifax score lower than TransUnion? The credit bureaus may have different information. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. A higher score means lower risk and vice versa. Debt balances make up about 30% of the typical credit score. In fact, 90% of lenders check FICO Scores rather than any other types of credit scores, though VantageScore is rapidly gaining popularity. General FICO ® Scores range from 300 to 850, and so do VantageScore 3. 0. TransUnion ranges from a low of 300 to a high of 850. 95 a month. Why is Equifax always lower than TransUnion?. It is also important to note that lenders might send their reports at different periods of time, so it is possible that TransUnion might have fresher updates than Equifax and vice versa. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. When it comes to the TransUnion vs. Which is better Experian TransUnion or Equifax? Based on our analysis, Experian provides the best service for the money. 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. 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. One of which is that they use different algorithms to calculate your credit score. You may have a different score with each of the three nationwide credit reporting agencies (TransUnion, Equifax and Experian). When lenders review your credit report for the purpose of an application, a “hard inquiry” is placed on the credit report they checked. Not all lenders report to the other two. TransUnion is bringing up the rear among the three. 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. Equifax 54%. On top of that, these credit reporting agencies use different scoring models to produce credit scores. One place to look is derogs. 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. Gives you a better understanding of your credit and more confidence when you apply. Applied for multiple lines of credit. 0 and 4. A failure risk score will range from 1001-1,610, with a lower number meaning that the business is a high risk. Credit Score Ranges. It's also the least friendly to those just starting out building credit. Re: Why is Experian so much higher? @C-XRS2005 wrote: only the one was from there, the other were from myfico. But remmember too that those scores are only about 7% apart. These are all Fico score 8 scores which uses a 300-850 scale. We would like to show you a description here but the site won’t allow us. In fact depending on the credit bureau it can range up to 80 point difference. Score: 4. Small-balance collection accounts matter less. Depending on what your scores are, you may wonder what they mean. 95, but it is a little hard to find. 0 scoring model. FICO scores are calculated based on five categories that each make up a percentage of your score: 35% payment history. 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. TransUnion is bringing up the rear among the three. Length of credit history: 15%. The other two only report the name of your employer and do not add any weight to that fact. TransUnion offers a similar product to Experian Boost. Some people want to achieve a score of 850, the highest credit score possible. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. 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. Some people want to achieve a score of 850, the highest credit score possible.