Reply
New Member
Bluebird5
Posts: 2
Registered: ‎08-18-2013
0

Transunion fico score big difference

I get my Transunion fico score from Merrick bank and it's pretty close to the myfico score I buy here. But I recently applied for a Barclays card and was turned down. The denial letter showed that they used Transunion but my credit score was 90 points lower than my Transunion score from Merrick bank which pulls a fico Transunion score. Why would there be such a huge difference?
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Transunion fico score big difference

I'm trying to remember when I got my Barclays.  I know there was a difference with mine also, I think they use a FICO score enhanced with their own.  I'm going to move this over to CCs, they would probably know a little more.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Contributor
TXinandout
Posts: 82
Registered: ‎07-17-2013
0

Re: Transunion fico score big difference

I was under the impression Barclay's uses the TU 98 which is the same as the one sold here, it shouldn't be a difference. Were both scores around the same time, maybe a change in balances?
New Member
Bluebird5
Posts: 2
Registered: ‎08-18-2013
0

Re: Transunion fico score big difference

Nothing had changed. I had checked my TU fico score and then applied for a Barclays card. I was really surprised that it was 90 points lower on the denial letter. I just don't understand why.
Frequent Contributor
halos24
Posts: 389
Registered: ‎09-07-2009
0

Re: Transunion fico score big difference

My TU Fico here had a 17 point difference from my Merrick Score. My TU here was 656 yet Merrick shows 671. I know Merrick shows a range of up to 900, and Fico here is 850??
My current scores: MyFico- EQ: 8/13- (648), 8/13- EX (637), Wally TU (666)

Prime cards in my wallet: Citi Thank You (1500), Amex TE (1200), Amex Zync.
Frequent Contributor
Dubious
Posts: 271
Registered: ‎02-10-2013
0

Re: Transunion fico score big difference

The score Merrick offers is a bankcard enhanced one, I believe. 

 

However, your score from MyFico should have matched Barclays since (based on what others have indicated) they pull TU98.

Regular Contributor
SPreb
Posts: 164
Registered: ‎08-03-2013
0

Re: Transunion fico score big difference

There was about 25point difference on mine. Barclay was lower than myfico. Pulled same day

Starting Score: 620 Current Score: 709 Goal Score: 720
Gardening from 9/28/2013. Target: March 2014
Contributor
TXinandout
Posts: 82
Registered: ‎07-17-2013
0

Re: Transunion fico score big difference

I'm really surprised with the differences.
Super Contributor
mongstradamus
Posts: 7,484
Registered: ‎06-19-2013
0

Re: Transunion fico score big difference


TXinandout wrote:
I'm really surprised with the differences.

My Walmart tu and myfico tu scores are over 100 points different so I can understand the shock of different scores 


EX Fico 782 9/25/14 Fako 801 CS/Credit.com 11/24/14
EQ SW 823 quizzle fako 796 7/19/14
TU Fico 808 Fako 796 Creditkarma 12/24/2014
Contributor
TXinandout
Posts: 82
Registered: ‎07-17-2013
0

Re: Transunion fico score big difference

Those I'm surprised to a certain point because TU Fico 98 and 08, I knew the differences even though 100 pts is a lot. But Barclay's is supposedly still using the TU 98 modeling Fico score.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}