According to the company, FICO® scores are used today by 90% of top lenders to make lending decisions. TransUnion: Credit Rating. The other two only report the name of your employer and do not add any weight to that fact. Experian gives a more detailed picture of a person’s financial history, including payment timeliness and debt utilization. In both cases, higher. Re: Equifax Score Not Updating. There are two plans available: eCredable Lift for $24. It also impacts your cost of borrowing. Or, if you have an account that is incorrectly reporting a late payment, then this will cause a huge hit to the payment history portion of your score. . 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. Transunion Vs. 0 use the same 300-to-850 range as base FICO ® scores. TransUnion includes personal information and employment data, while Equifax focuses more on credit behavior and traditional credit data. My FICO went up like with the equifax reported by credit karma. Why are my scores differ so much and Which score will…Experian, Equifax, and TransUnion each offer credit monitoring services. 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. 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). Hello everyone! Not too long ago I made a post about my cobalt application being denied despite my Equifax credit score being 793. Lenders also use but the Equifax score may be weighted differently. This won’t show up on your Experian or Equifax records. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. wrote: I'm in the same boat. “It was close to 730. No searches, no defaults no nothing. 0 on Credit Karma will likely be different from your FICO Score that lenders often use. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. 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. By law,. VantageScore – it began in 2006 and is what Credit Karma uses. I had a few accounts and debts on my report that have all been. Legally you are entitled to request a credit report from Transunion and Equifax one time a year. 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. Multiple factors could account for why your scores are different. 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). 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. Takedown request | View complete. The above actions will provide the necessary details needed by TransUnion to recalculate your score using your new address details. . While they consider many (if not all) of the same factors when calculating your score,. The scores may have different interpretations, a 600 from Equifax may be equivalent to a 700 from TransUnion. FICO scores are calculated based on five categories that each make up a percentage of your score: 35% payment history. ). It however is still being marked as an open collections account. 2. Score: 4. It can certainly explain why your EX score is very different than the others. The credit scores you see when you check a service like Experian may differ from the FICO scores a lender sees when checking your credit. The most common scores range from 300 points to 850 points. 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. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. Experian’s free credit score is the FICO Score 8, the score most lenders use. Equifax is reporting nearly 100 points lower, actually updated today I see it dropped another 22 points because I. The higher the number, the more trustworthy the consumer appears to be. There are a number of reasons for this. 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. Why Is My Experian Score So Much Lower Than Transunion And Equifax. 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. Equifax vs. There’s a difference in algorithms between TransUnion vs. These are things like lates and collections and. The result is that there are multiple FICO Score versions available, in addition to the most widely used version, FICO Score 8. | AUWhich credit bureaus banks check. If you had unexpected expenses and you put them on a credit card or cards, your credit score could drop. A good score with TransUnion and VantageScore® 3. Your credit card balance is higher than usual. Hi, I use Credit Karma. 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. 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 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. TransUnion is bringing up the rear among the three. 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. Why is TransUnion so much lower than others? Equifax and TransUnion have different scores because slightly different information is reported to each credit reporting agency. You can find the contact information under the account details section of your credit report. 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. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. 95 a year and eCredable LiftLocker for $9. Credit Score: Equifax vs Transunion. Equifax and TransUnion are two of the most popular credit bureaus in Canada, and more and more people are seeking out their services as they go to apply for mortgages, loans, condo rentals, and. Whereas, TransUnion scores better on Plans and Pricing, and Monitoring and. What a credit bureau is. That’s because most issuers report credit. 0 credit score was lowered by 72 points. However being under 700 on one while being over 800 on the other is unusual. When it comes to the TransUnion vs. We would like to show you a description here but the site won’t allow us. The other uses VantageScore 3. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. 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. Yes. 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. Credit score range. VantageScore 3. Suzanne Kvilhaug. In addition, late payments remain on your Equifax credit report for seven years. Experian. 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. Would these all be the same? Not necessarily. There are many reasons why the numbers between Equifax and Transunion may differ so much. Second, Experian considers a different. This is free. 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. FICO scores are general purpose credit scores developed. 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. 4/5 ( 47 votes ) The lower Equifax number is a common concern for many people. 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. 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. This data is then distilled and calculated to create your credit score. TransUnion is bringing up the rear among the three. 8/5 (74 votes) . Your Experian, Equifax and TransUnion credit reports should be fairly similiar. 9. For example, Experian puts a 35% emphasis on your payment history, whereas TransUnion puts a 40% emphasis on this category. 590 on Experian, 651 on Transunion, exact same information for both. If you discover that an impostor is using your identity, don’t panic. TU (900) still has me as a student. That applied to both individuals and family plans. . Although FICO and VantageScore use the same data, they process. The whole credit industry is weird. Why is my Transunion score 35+ points lower than my other scores and is there a way to dispute the score calculation? (I have 6 additional hard inquiries on my Transunion report that are 1-2 years old and I think those might be affecting my score, even though they are over 1 year old). I work at a credit union and can tell you we only report to Equifax and Experian. 3 Bureau Credit Report & FICO Score: For $39. 15% length of credit history. 0 and 4. 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. One place to look is derogs. 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. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. Like before, the higher the score, the stronger your credit. The CRA each calculate their scores uniquely so they do tend to move differently for different things. 1. Experian 76%. But if you’re looking to take out a loan anytime soon, we still. Theyll likely be slightly different, and its possible they could be very different. 95 a month. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. Good: 670 to 739. . 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. The lower Equifax score compared to TransUnion can be attributed to the different factors and weighting used in their credit 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. Many creditors have a custom one, so may not even use the score you see. 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. 0 based on my TransUnion credit. Would love to know the answer! Hello - 1303709Understanding credit score ranges. 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. (Experian, Equifax and TransUnion). It’s also important to note that credit scores are only sometimes 100% accurate and can vary. This includes an. 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. This is why your credit score is so important, not only for credit approval but also for things like your credit limit and the terms of the loan. Your Equifax credit. 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. Score: 4. Experian: 715Score: 4. I thought 900 was a hypothetical score, like someone bowling 300. And a lender may report updates to different bureaus at different times. Score: 4. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. If you plan on applying for credit, make sure to check your FICO Score since there’s. There are many different types of credit scores and scoring models. 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 the information on your reports directly impacts your credit score, it can be beneficial to check the reports and make sure everything is correct. When a lender runs your credit, they’ll usually see your three FICO. Score: 4. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. 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. While it is possible for you to have only one credit score, it's unusual. . While lenders use these reports and credit scores to decide whether or not to extend you credit, it leaves a lot of room. And even though the credit bureaus may have the same information, each bureau has proprietary algorithms that might score you differently. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. Credit bureaus such as Equifax and TransUnion actually produce many different scores. These are things like lates and collections and. 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. Your score — along with other. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. 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. TU (900) still has me as a student. They might also weigh your information differently depending on the type of credit account for which you've applied. FICO is a risk score calculated based on your debt history; there are at least 40 different. . Credit-scoring models can differ and. 6 Their services allow you to monitor your VantageScore credit score but not your FICO score. Dispute directly with the company that reported the information to TransUnion. 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. CreditWise uses TransUnion’s VantageScore 3. 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. In addition, TransUnion reports your employment history and personal information. Instead, we work with Equifax and TransUnion to. Would these all be the same? Not necessarily. The Equifax credit score model falls on a credit rating scale that starts at 280 and ends at 850. Though both TransUnion and Equifax do the same thing (calculate your credit score), they do it in different ways – which means it’s not unlikely that your credit score may be slightly different between the 2 companies. Taking a 290K loan, I have been paying $1900/month for almost 1. 0 is relied on by lenders across a variety of industries. A credit score is no more than a snapshot of your credit profile at one point in time. Credit Karma offers even more interactive tools and resources than Experian to help you improve your credit scores and meet financial goals. This is one of the least forgiving bureaus because much more weight is assigned to your payment history and the average age of your credit accounts. 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. VantageScores below 600 are considered “subprime. 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 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. General FICO ® Scores range from 300 to 850, and so do VantageScore 3. My suggestion is pulling the EX report and really going over it line by line, comparing it to your other reports. If you plan on applying for credit, make sure to check your FICO Score since there’s. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. 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. Comparing TransUnion vs. Equifax 54%. Note that a credit report =/= credit score. 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. We all collect similar information, and. Also it is at least possible that this is simply a question of the different scoring algorithms computing a different 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. New credit: 10%. 5 / 5 - Excellent #1 in Credit Reporting. The lower Equifax number is a common concern for many people. Lenders are generally checking your FICO score, which is yet again different than either the Equifax or Transunion. TransUnion and Equifax calculate credit scores differently. 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. I have 596 Exp and 670 with the other 2. Can be significantly different than your FICO Scores. 0 scoring model. Similar numbers. Only Credit Report costs Rs. Experian is often a way better monitoring system based on their record keeping. Both range from 300 to 900, which is the credit score range in Canada. 03-29-2007 08:24 PM. Regarding credit reports, Equifax includes 81 months of credit history, whereas TransUnion includes 84 months. One of the scoring models that TransUnion uses to calculate credit scores is VantageScore® 3. Equifax 802, Transunion 848, Experian 839. 95 per month to $19. 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. Updated: Aug 03, 2023 Why Your Credit Scores Can Vary So Much at Equifax, Experian, TransUnion Learn why credit scores. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. 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. Above 800 = Exceptional. Experian and Equifax are the two largest credit bureaus in the United States. Scores range from 300 (very poor) to 850 (exceptional). If we didn't, seemingly normal credit usage today would be considered a higher risk than in years past. 0 is between 720 and 780. Because different lenders rely on different credit reporting agencies,. 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. 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. 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. This month I've had two statements reported on Feb. 0 and 4. VantageScore was created in collaboration with all three credit bureaus, and VantageScore 3. Equifax®: Which Score Matters More? Victoria Araj 6-Minute Read UPDATED: October 30, 2023 The look of your credit score can be. The lower Equifax number is a common concern for many people. A 150-Point Difference in ScoresSimilarly, if you pay off a credit card debt and close the account entirely, your scores could drop. Of course, getting at or close to 0% is best. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. The other two only report the name of your employer and do not add any weight to that fact. 0 on Credit Karma will likely be different from your FICO Score that lenders often use. Below are three VantageScore 3. 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. Credit Karma uses a different scoring system than the one mortgage lenders use. Why is my Equifax score so low? 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. And a lender may report updates to different bureaus at different times. 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. Depending on what your scores are, you may wonder what they mean. If it makes you feel better, most lenders don't even check them. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted. 0. ”. Equifax Credit Score. Fair: 580 to 669. On March 12th, 2019, I disputed multiple records for various discrepancies with all three of the credit bureaus. The scores we provide are actual credit. Small-balance collection accounts matter less. 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. So here is my situation: In August 2010, I bought a house at lower 300K and paid 10%+ down, thus having PMI over $100+/month. From a BK years ago to: EX - 3/11 pulled by lender- 835, EQ -. One place to look is derogs. A FICO score of 650 is considered fair—better than poor, but less than good. It shows my Transunion score from 4 months ago -February 2015 (score=715) and my Equifax score (NO SCORE) as of 1 - 4072030. This difference in emphasis can decrease or increase your credit score. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. So if Equifax has access to different information about your credit than TransUnion, your scores from each of the bureaus might also be different. 280 - 850. Most banks use FICO scores. That's funny. Based on our analysis, Experian provides the best service for the money. On the next page, click on "Equifax Credit Report & Score. The information available online shows that Equifax uses an 81-month credit history. Equifax, Experian and TransUnion are the three credit bureaus responsible for reporting your credit score. For instance, Equifax uses a scoring model known as the Equifax Credit Score, while TransUnion uses a scoring model known as the. FICO. First, a CK score is a VS score (not a FICO score) so it's unmeaningful and shouldn't be worried about. 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. The VantageScore 3. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. The higher the number, the. On Credit Karma, my score are 797 and 806 for. 0 vs FICO 8 credit score comparison charts for TransUnion, Experian, and Equifax with my credit scores. The FICO scores are MUCH LOWER than the actual Equifax and TU scores. Then you at least know the EQ and TU scores are FICO's. That’s the highest factor percentage, which means it’s critical to pay bills on time with no exceptions. Financial Smarts Transunion vs Equifax TransUnion® Vs. VantageScores above 780 are considered “superprime” while those between 601 and 660 are “near prime. Their behavior is governed by the FCRA. Equifax: 711. TransUnion 30%. Credit mix: 10%. Citi usually pulls credit reports from Equifax or Experian. When lenders review your credit report for the purpose of an application, a “hard inquiry” is placed on the credit report they checked. 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. On Credit Karma, my score are 797 and 806 for TransUnion and Equifax. Right there your credit score will appear. 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. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. 10% new credit. It was a Verizon account paid in a BK that was d/c 4/4/17. ALL of my AU accounts that have been reporting for over a decade were removed from Equifax over the past week. Can be off by up to 100 points —causing you to under or overestimate your creditworthiness. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. TransUnion offers a similar product to Experian Boost. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. First, the Experian scoring model may differ from the ones used by TransUnion and Equifax. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the criteria. A credit score is a three-digit number, typically between 300 and 850, designed to. Available for free with monthly updates on Paisabazaar. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 –. Equifax offers a variety of credit monitoring services priced from $4. Credit score of 846 out of 999. 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. The scores currently showing on my credit karma account are 720/723 for Transunion and Equifax respectively. Equifax 834, Transunion 900. Credit mix: 10%. 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. One uses FICO Score 9 based on data in my Equifax credit file. When your score is high you have better opportunity for lower lending rates. These factors are likely to yield different credit scores, even if your credit reports are. Depending on the date of your report, there could be slight differences in the score we have and the one Equifax has. 0 scoring model. Each company has its own method of collecting financial information. 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 says it would be “unusual” if your credit scores align. Different scores use a different scoring model and are the reason why they vary. This model scoring scale starts at 300 (the lowest) and caps at 850. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. 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. One of the most evident differences between these two bureaus is that Equifax scores range from 280 to 850, but TransUnion scores range from 300 to 850. That’s because the lender may be using a FICO score based on data from a different credit bureau. 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. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. A 700 score places you right in the middle of the good range, but still slightly below the average credit score of 711. 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. It falls below the national average FICO ® Score of 710, and solidly within the fair score range of 580 to 669. 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. THere are many more than that. Credit score ranges vary based on the credit scoring model used, but are generally similar to the following: 300-579: Poor. Then there are “educational” credit scores. Deriving from the name of its founder–the Fair Isaac Corporation – the FICO score is a general purpose credit scoring system that was created with the intent of eliminating inconsistencies between each lender’s own system. 95 per month. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. 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. Equifax credit scores are not used by lenders and creditors to assess consumers' creditworthiness. The other two only report the name of your employer and do not add any weight to that fact. 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. 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. I wouldn't worry about it. 3. 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. So, it’s normal for your scores to differ from bureau to bureau. If you’re wondering why your Experian score is lower, you’re in the right place. 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. Why Is My Equifax Score Lower Than TransUnion? The lower Equifax number is a common concern for many. Third parties use many different types of credit scores and. 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. These are FICO 8 scores. 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. troyb. For example, the number of accounts you have or your payment history may be scaled differently depending on the agency. "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).