Would these all be the same? Not necessarily. Most banks use FICO scores. 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. TransUnion uses the VantageScore ® credit scoring model to calculate your credit score. Different scores use a different scoring model and are the reason why they vary. When a lender runs your credit, they’ll usually see your three FICO scores from Experian, Equifax and TransUnion. 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. I called Equifax to find out why they were vending a different credit score to the lender than to me. That said, Experian scores better than TransUnion across: Report Details and Frequency, and Credit Bureau & Credit Scores. 300-900. They might also weigh your information differently depending on the type of credit account for which you've applied. The scores may have different interpretations, a 600 from Equifax may be equivalent to a 700 from TransUnion. FICO. My scores are 850, 850 and 840 for Experian, Equifax and TransUnion, respectively. Most lenders (at least in the midwest) pull their reports from Equifax and almost all of them report to Equifax, which is why it tends to be the lowest of the three. Applied for multiple lines of credit. I have been watching my score with Credit Karma and just checked by paying Equifax, and my EQ is 81 points lower. Transunion Vs. 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. A slight drop in your score may not be cause for worry, especially if you're consistently practicing good credit health habits . Both of these credit bureaus use a dynamic scoring model, but the weight they put on each variable varies. Maybe some small difference, like if you get a hard pull, it may only be on one but not the other. Note that a credit report =/= credit score. It's also the least friendly to those just starting out building credit. I don't understand how they can be different by 30 points, let alone. Each company uses their own proprietary means. The scores currently showing on my credit karma account are 720/723 for Transunion and Equifax respectively. On Credit Karma you’ll see scores and reports from TransUnion and Equifax, both using the VantageScore 3. A few inquiries a year is normal, but may cause a temporary drop in your credit score. 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. Equifax and TransUnion have access to different. Similar numbers. They are my spouses cards and we share the same address and last name, of course. Equifax, Experian and TransUnion are the three credit bureaus responsible for reporting your credit score. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. The other two only report the name of your employer and do not add any weight to that fact. Q: I just checked my credit score and my TransUnion score is 20 points lower than the others. However, interest rates will be higher, and the loan amounts will often be lower. Lenders can use any of the credit reference agencies to check your credit score in the UK. This is why your score can be so different with each one. You’ll be able to attach supporting documents to your dispute if you submit it directly with TransUnion. Credit Score Range. 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. 118 and 1 credit report with credit score costs Rs. Equifax and TransUnion scores can only be as accurate as the information they receive. 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. Equifax®: Which Score Matters More? Victoria Araj 6-Minute Read UPDATED: October 30, 2023 The look of your credit score can be. 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. | AUWhich credit bureaus banks check. The Equifax credit score model uses a numerical range between 280 and 850, and FICO score models use a range between 300 and 850. " On the next page, click on the "Reports Only" tab. TransUnion offers a similar product to Experian Boost. What qualifies as a good score can vary from one creditor to. My CreditWise score as of 9/12 is. Depending on what your scores are, you may wonder what they mean. Borrowell pulls data from Equifax and CreditKarma pulls data from TransUnion. Small-balance collection accounts matter less. There are many reasons why the numbers between Equifax and Transunion may differ so much. TransUnion scores better than Equifax across: Plans and Pricing, Report Details and Frequency, Credit Bureau & Credit Scores, and Monitoring and Extra Features. Experian’s free credit score is the FICO Score 8, the score most lenders use. “It was close to 730. Fair: 580 to 669. Edit: The reason Credit Karma is stating for the low score is a combination of a high number of hard pulls and that my average account age is too new. " 03-23-2012 12:19 AM. The FICO scores are MUCH LOWER than the actual Equifax and TU scores. 0 based on my TransUnion credit. TransUnion however gives me a credit score of 780 and Equifax a credit score of 730. Hello - I'm using CreditKarma to monitor my credit, for over a month now my credit scores have differed by nearly 100 points. CreditWise uses TransUnion’s VantageScore 3. When lenders review your credit report for the purpose of an application, a “hard inquiry” is placed on the credit report they checked. This means that Equifax, Experian, and TransUnion don’t have access to exactly the same data, which accounts for the difference in credit scores. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. My Transunion score is in the tank though at around 567. Experian always seems to be my middle score while Equifax brings up the rear. 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. 95 a year and eCredable LiftLocker for $9. Makes lending decisions consistent, fast, and fair. 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. Experian 76%. When your score is high you have better opportunity for lower lending rates. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 –. Most banks use FICO scores. FICO says 90 per cent of Canadian lenders use it, including major banks. 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. On Credit Karma, my score are 797 and 806 for. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. " Still no change. In Nate’s case, Credit Karma was accurate enough to say that he had an excellent credit score, but wasn’t perfect. But, I am concerned about Equifax score and why it is so low. If all is well, each agency should have all of your information identically. 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). For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the criteria. If you plan on applying for credit, make sure to check your FICO Score since there’s. Equifax's different credit scoring model results in lower scores. FTC's website on credit. While the high end of the range are all within 10 points of each other, the lower end shows a much larger span. 03-29-2007 08:24 PM. Mostly just confused why the transunion would have gone down regardless of the model used. There are also third-party credit monitoring services, such as MyFICO, Identity Guard, and LifeLock. Fiance's scores are 770 and 760 for Equifax and TransUnion respectively. Therefore, there are other reasons why the numbers. 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. Some people want to achieve a score of 850, the highest credit score possible. Yes, equifax and transunion from credit karma so vantage score 3. FICO scores are calculated based on five categories that each make up a percentage of your score: 35% payment history. The Equifax credit score model falls on a credit rating scale that starts at 280 and ends at 850. 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. VantageScore – it began in 2006 and is what Credit Karma uses. Although FICO and VantageScore use the same data, they process. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. These companies compile information about your credit into reports that are used to generate your credit scores. Using a variety of factors, the company will give you a three digit score ranging from 300 (lowest possible) to 850 (highest possible). The credit bureaus may have different information. Similar numbers. That applied to both individuals and family plans. Hi, I use Credit Karma. Different FICO models can produce very different scores. If your credit file is different with each credit bureau, then your credit score might be different as well. 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. Credit scoring at Equifax works in largely the same way as the process works at Experian (and TransUnion). . TU (900) still has me as a student. FICO scores are general purpose credit scores developed. These factors are likely to yield different credit scores, even if your credit reports are identical across the. In fact depending on the credit bureau it can range up to 80 point difference. 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. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. Your Equifax score can be lower than your TransUnion score for a variety of reasons. New credit: 10%. Delinquencies reported on a loan reported on one credit report, but not the others, is the most common reason why you'll see wide. 15% length of credit history. FICO Score 9 is already being used by hundreds of lenders, and eight of the nation’s top 10 lenders have either evaluated it, are in the process of evaluating it or plan to do so, according to. It's a good idea to take advantage of this every year, to check that everything is accurate and. . 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. 99, you can view your Experian, Equifax, and TransUnion credit report as well as your FICO credit score. Instead, we work with Equifax and TransUnion to. . You can find the contact information under the account details section of your credit report. Why is my Equifax score lower than FICO? Asked by: Miss Megane Kuphal Jr. 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. In addition, late payments remain on your Equifax credit report for seven years. TransUnion reports I have better credit than 2/3rds of the country but Equifax says I have better credit than only 1/3rd of the country. 0. 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. You are accessing the "consumer" credit report. 670-739 = Good. What a credit bureau is. If you had unexpected expenses and you put them on a credit card or cards, your credit score could drop. 4/5 ( 47 votes ) The lower Equifax number is a common concern for many people. 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. Amex primarily pulls Experian, though sometimes Equifax or TransUnion reports. It's basically the difference between a report and a score. 9. Re: Why is my transunion fico so much higher. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. The CRA each calculate their scores uniquely so they do tend to move differently for different things. Why Is My Experian Score So Much Lower Than Transunion And Equifax. TransUnion differs in credit history length. ERS 2. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you'll see wide credit score. Why is my TransUnion score way lower than Equifax? The credit bureaus may have different information. But remmember too that those scores are only about 7% apart. These are things like lates and collections and. TransUnion and Equifax calculate credit scores differently. At you can buy just a credit report and FICO score for $15. 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. A 700 score places you right in the middle of the good range, but still slightly below the average credit score of 711. Re: Transunion credit score is 35+ points lower than Experian and Equifax scores. While they consider many (if not all) of the same factors when calculating your score,. VantageScores below 600 are considered “subprime. Each is collecting the same information about your credit history, but it's not uncommon for there to be slight variations among the different reports. TransUnion: Credit Rating. FICO scores are generally calculated using five categories of information. Above 800 = Exceptional. 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. An Equifax credit score is a traditional credit score that will range from 101 to 992. 5. 5 / 5 - Excellent #1 in Credit Reporting. Equifax 54%. I wouldn't doubt if my EX score was 100 points lower than my TU or EQ scores. TransUnion includes personal information and employment data, while Equifax focuses more on credit behavior and traditional credit data. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. I thought 900 was a hypothetical score, like someone bowling 300. 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. 10% new credit. 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. 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. 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. 3. Since there are so many free credit score resources out there, you should know that FICO is the most widely used credit score among lenders. S. 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. Find The Best Credit Reporting. Balance changes, lower utilization, score increase, etc. Financial Smarts Transunion vs Equifax TransUnion® Vs. This means that your credit score may differ even with the same credit history. 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. 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. A credit score is no more than a snapshot of your credit profile at one point in time. 0 scores. In my experience, I've found Equifax is generally more thorough than Transunion. 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. Data Collected. Of course, getting at or close to 0% is best. We’ll be covering that in greater detail below. 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 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. They are two different companies that offer two different, albeit similar, products. 95 per month. FICO is a risk score calculated based on your debt history; there are at least 40 different. Variations in the data reported by creditors and lenders, as well as. 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. (Experian, Equifax and TransUnion). Some people want to achieve a score of 850, the highest credit score possible. 0 on Credit Karma will likely be different from your FICO Score that lenders often use. 95 a month. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. Even though the precise number of the ranges might vary, in practice, the differences aren't major: The higher your credit score,. But if you’re looking to take out a loan anytime soon, we still. However, these agencies may use this model to weigh each factor differently. Credit bureaus are companies that collect consumer credit information. Your VantageScore® 3. If you plan on applying for credit, make sure to check your FICO Score since there’s. VantageScore uses three different credit bureaus — Experian, Equifax, and TransUnion — to compete against FICO, and each bureau uses different algorithms. In general, good credit scores can make it easier and cheaper to borrow than low credit scores. The other two only report the name of your employer and do not add any weight to that fact. Why is my Experian score so much lower than TransUnion and Equifax? Reasons Why Your Credit Scores Differ From Bureau to Bureau – It’s unlikely that you’ll have the same credit score across each of the three credit bureaus. 0). Your score differs. Experian gives a more detailed picture of a person’s financial history, including payment timeliness and debt utilization. 0 and 4. Dispute directly with the company that reported the information to TransUnion. 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. It should just be math. At first, VantageScore credit scores featured a different numerical scale (501 to 990). One uses FICO Score 9 based on data in my Equifax credit file. This month I've had two statements reported on Feb. FICO® Score 9 looks at medical debt, paid collections and rental history differently than previous versions of the FICO® credit-scoring models. Why is my TransUnion and Equifax score different? 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. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. 0 model includes additional factors such as rent history and a ‘trended’ credit. 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). This could lead to a person having a relatively lower score on Experian compared to the two other bureaus. And a lender may report updates to different bureaus at different times. The lower Equifax score compared to TransUnion can be attributed to the different factors and weighting used in their credit scoring models. This is just to let the consumer. My Equifax (from Borrowell) is consistently 80-100 points lower than my TransUnion score (from CreditKarma/BMO), despite both reports showing the same credit accounts, inquiries and lack of collections or other negative items. Delinquencies reported on a loan reported on one credit report, but not the others, is the most common reason why you'll see wide credit score. Why is my TransUnion score so low compared to Experian? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and. The higher the number, the more trustworthy the consumer appears to be. My relative's TransUnion score is currently in the 680s, the Experian score is in the 650s but the Equifax is only in the 620s. TransUnion offers more insight into a person’s job history, whereas Equifax provides more information about mortgage history. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. You Might Have Scores From Different Dates. For example, a mortgage lender may look at a different credit score than your bank when they are deciding whether to grant a credit card or a new credit limit. Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our. 0 is between 720 and 780. Suzanne Kvilhaug. Score: 4. 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. Would love to know the - 1303709And FICO says scores between 670 and 739 qualify as good scores. My FICO went up like with the equifax reported by credit karma. 0 range from 501 to 990. But I have not had any alerts or changes since January 20 on Equifax at all. FICO is 300-850, Vantage is 501-990, PLUS is 330-830, TransRisk is 350-850, and so on). . Each company has its own method of collecting financial information. Why is my Equifax score so much lower than Experian? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. 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. FICO credit scores have the following ranges: Below 580 = Poor. Gives you a better understanding of your credit and more confidence when you apply. 300 to 579 (poor credit): Most lenders will reject applications from borrowers with a score in this range. Transunion Vs. If the information on your credit report is found to be inaccurate or incomplete, your credit report will be updated, generally within about 30 days. 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. It falls below the national average FICO ® Score of 710, and solidly within the fair score range of 580 to 669. So, if you have a $4,000 credit limit, your balance should remain below $1,200. It is really affecting me getting an auto loan. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Equifax scores range from 280 to 850. The credit history reflected on your credit reports and scores can directly affect your ability to get 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. So, if you have a $4,000 credit limit, your balance should remain below $1,200. Re: Transunion credit score is 35+ points lower than Experian and Equifax scores. Good: 670 to 739. ClearScore gets your credit score and report from Equifax. 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. 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. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. This won’t show up on your Experian or Equifax records. The score from Experian is FICO 08 scored as well. Can be significantly different than your FICO Scores. company, sells its score to both Equifax and TransUnion. Delinquencies reported on a loan reported on one credit report, but not the others, is the most common reason why you’ll see wide credit score. Then you at least know the EQ and TU scores are FICO's. Experian should give you the negative reason codes that are holding or suppressing your scores if you click on your FICO8 score. 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 that is weighted into their model. The Equifax is not a FICO 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. First, the Experian scoring model may differ from the ones used by TransUnion and Equifax. Experian and Transunion are usually much higher, but neither really tops the other consistently. Equifax 834, Transunion 900. 6 Their services allow you to monitor your VantageScore credit score but not your FICO score. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. Legally you are entitled to request a credit report from Transunion and Equifax one time a year. That's funny. Very good: 740 to 799. Some lenders only report to one credit bureau, while other lenders report to both. The only discrepancies that I see from my creditkarma report is transunion reports 3 inquiries (3 credit cards) while Equifax reports 1 (just my verizon wireless--soft pull I presume) and on transunion the only thing that is not showing up is a recent payment that I made on my Bank of America card that brought my utilization on that card from 99% (I. The credit scores you see when you check a service like Experian may differ from the FICO scores a lender sees when checking your credit. 10% types of accounts, known as credit mix. Here are some reasons a score can drop: Using more of your available credit. My suggestion is pulling the EX report and really going over it line by line, comparing it to your other reports. 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. FICO credit scores, the industry standard for sizing up credit risk, range from 300 to a perfect 850—with 670 to 739 labeled “good,” 740-799 “very good” and 800 to 850 “exceptional. It was developed by the three major consumer credit bureaus — Equifax, Experian and TransUnion — to create a “more predictive scoring model that is easy to understand. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. Also the different credit bureaus do calculate the scores differently. Equifax 802, Transunion 848, Experian 839. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. Your Experian, Equifax and TransUnion credit reports should be fairly similiar. 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. FICO 8 is more. Which is better Experian TransUnion or Equifax? Based on our analysis, Experian provides the best service for the money. Why is my TransUnion score so much lower than Equifax? The credit bureaus may have different information. Equifax: 711. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. Q: I just checked my credit score and my TransUnion score is 20 points lower than the others. A 150-Point Difference in ScoresSimilarly, if you pay off a credit card debt and close the account entirely, your scores could drop. One of which is that they use different algorithms to calculate your credit score. My Equifax is more than 100 points lower than my TU score. 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. com. While it is possible for you to have only one credit score, it's unusual. The CRA each calculate their scores uniquely so they do tend to move differently for different things. VantageScores above 780 are considered “superprime” while those between 601 and 660 are “near prime. Learn more. The other two only report the name of your employer and do not add any weight to that fact. 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. Can someone tell me why the MyFICO TU score is 59 points. These are FICO 8 scores. THere are many more than that. But rather than comparing Equifax vs. Equifax vs. 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. This is free. That applied to both individuals and family plans. The credit bureaus may not have the. Debt balances make up about 30% of the typical credit score. Your VantageScore® 3. ”. Helpfully, and perhaps defensively (if it does report lower scores than the other bureaus), Experian has an explainer article. Frequently applying for credit card or loan offers can certainly cause a drop in your credit score. 30% total debt. 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. Like, TransUnion and Equifax both get told about all your credit lines and debts, so they should both have all that data. 95 a year and eCredable LiftLocker for $9. I have 596 Exp and 670 with the other 2. In addition, TransUnion reports your employment history and personal information. Both range from 300 to 900, which is the credit score range in Canada. 0 based on my TransUnion credit. Taking a 290K loan, I have been paying $1900/month for almost 1. 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.