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FN
New Member
FN
Posts: 3
Registered: ‎05-14-2007

50+ point spread across 3 bureaus?!?

I've had the score-alert thing going on Equifax for the past year plus and dutifully each month the service comes back with a score in the 700-710 range.  Then today, for kicks, I got a report (through MyFICO) for the other two services.  So the three reports on the same day gave me:
 
Equifax - 708
Experian - 714
TransUnion - 760
 
That seems like quite a spread to me.  Since you never know which service someone will use, what to do about this?  Is the spread normally this large?
Valued Contributor
cobra19
Posts: 1,426
Registered: ‎07-24-2007

Re: 50+ point spread across 3 bureaus?!?

Remember not all creditors report to all 3 bureaus. That, and the fact the 3 bureaus each use different scoring models, can easily account for the 52-point swing.  Before applying for a card, or a loan, ask the creditor which report they pull.  
New York Yankees - 2009 World Series Champions. 27... and counting.....
Super Contributor
MidnightVoice
Posts: 8,158
Registered: ‎03-25-2007

Re: 50+ point spread across 3 bureaus?!?



FN wrote:
I've had the score-alert thing going on Equifax for the past year plus and dutifully each month the service comes back with a score in the 700-710 range.  Then today, for kicks, I got a report (through MyFICO) for the other two services.  So the three reports on the same day gave me:
 
Equifax - 708
Experian - 714
TransUnion - 760
 
That seems like quite a spread to me.  Since you never know which service someone will use, what to do about this?  Is the spread normally this large?


Not a really big spread - I have suffered worse!
 
My EX is currently more than 50 points below my others because it is the only CRA that calls a HELOC a CC.
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
New Visitor
irishphenix
Posts: 1
Registered: ‎02-14-2011

Re: 50+ point spread across 3 bureaus?!?

I checked my credit reports before I decided to go for my first home mortgage loan, TU was 661 Ex was 652 and no idea what EQ was because they go with the middle score, so I figured they do about 640 and I am good. Then they had all the paperwork together and ran a trimerge. TU was 598 What the heck??? There is a 100 point drop from EQ and TU and 63 point drop from TU site and when they ran the trimerge???????? Why is this I have been trying to get some answers for two weeks????

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Moderator
Lel
Posts: 5,268
Registered: ‎03-18-2008

Re: 50+ point spread across 3 bureaus?!?

 


irishphenix wrote:

I checked my credit reports before I decided to go for my first home mortgage loan, TU was 661 Ex was 652 and no idea what EQ was because they go with the middle score, so I figured they do about 640 and I am good. Then they had all the paperwork together and ran a trimerge. TU was 598 What the heck??? There is a 100 point drop from EQ and TU and 63 point drop from TU site and when they ran the trimerge???????? Why is this I have been trying to get some answers for two weeks????


 

Hi irishphenix, and welcome to the FICO Forums.

 

When you checked your credit reports prior to applying, where did you get them from?  Were they from a lender, or from another credit report/score website?

 

If the latter, then the scores that you pulled were not FICO scores, but rather scores generated from a formula that is different from the actual FICO score formulas.  We lovingly refer to then non-FICO scores as "FAKOs".  Unfortunately, there is often little correlation between non-FICO and actual FICO scores.

 

All Experian scores obtained by consumers, with rare exceptions, are not FICO scores.  So unless the EX score that you mentioned above falls into one of these exceptions (for example, obtained through the Pennsylvania State Employees Credit Union), it's probably not a FICO score.

New Visitor
bigeasy
Posts: 1
Registered: ‎05-23-2012

Re: 50+ point spread across 3 bureaus?!?

Can someone please provide the 3 websites to go to to recieve the 3 different scores. Thanks.

Moderator
pizzadude
Posts: 8,769
Registered: ‎01-28-2010

Re: 50+ point spread across 3 bureaus?!?

[ Edited ]

 

 


bigeasy wrote:

Can someone please provide the 3 websites to go to to recieve the 3 different scores. Thanks.


Welcome to the forums !!

 

I'd suggest you take a look at this thread first, frequently requested threads - the first one listed, Credit Scoring 101, should help you understand how and where to get FICO scores.

 

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Frequently-Requested-Threads/td-p/19320


 

 

 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: 50+ point spread across 3 bureaus?!?


bigeasy wrote:

Can someone please provide the 3 websites to go to to recieve the 3 different scores. Thanks.


There are two type of credit scores: FICO scores and everyone else (we call these FAKOs). Everyone it seems offers credit scores but virtually none of them are FICOs. Places like creditkarma, freecreditscore, smartcredit, privacyguard, quizzle, truecredit, creditscore.com, identityguard, experian.com, equifax.com, transunion.com, creditreport.com, and hundreds of other places offer scores but they aren't FICOs.

 

The places to get your FICOs are very limited:

 

You can buy your Equifax FICO from myFICO.com, www.equifax.com/myfico-products, or from your lender.

 

You can buy your TransUnion FICO from myFICO.com or from your lender.

 

You cannot buy your Experian FICO from anywhere. At one point you could buy it from myFICO, as indicated in OP's first post, but as of a few years ago, Experian blocked access to your own EX FICO.

 

Finally, there are a small handful of banks and CUs that offer FICO scores as part of a benefit or service. For example you can get your EQ FICO from Digital Credit Union, Unitus Community Credit Union, M&T Bank, and some others. You can get your TU FICO from Wal-MArt if you happen to have one of their CCs. Finally, you can get your EX FICO from a CU called PSECU. There are others out there so check with your local CU to see if this is an option.

New Contributor
ready13
Posts: 59
Registered: ‎08-07-2012

Re: 50+ point spread across 3 bureaus?!?

yes thats very true i researched who the company pulls from that i am applying for credit through to pull my report the night before i submit my application to view what i would be working with before my two last payments hit my credit report on cycle 1 of their reports figuring if i get one more last score raise it cant hurt it any. I viewed on the score watch it had already been at 65-- something on the last monitoring of cycle 3 of the reporting to credit bureaus so i was waiting for this last minute thing to set up for my view of next few weeks which i completely hit my marks skipping into 700's somewhere in next few days...how can i be mad at that????:smileywink:   ALL GOOD STAYING WITH MY MOTIVATION CAN ONLY HELP MY DAILY GRIND !!!!!WOOP WOOP:smileyembarrassed:

 

Established Contributor
masscredit
Posts: 682
Registered: ‎07-17-2012

Re: 50+ point spread across 3 bureaus?!?

My EX score always seems to be much lower than the other two.  It's hard to get a score from them so I pretty much don't follow that one now. As long as the others are close and ok, I should be good. I'll keep up with the report though. 


|****$6000****|****$6000*****|****$4500*****|****$2500****|****$1600****|****$3000****|******$750******|*****$700*****|
EX - 651 (MyFico 06/05/14) TU - 656 (Barclay 07/07/14 ) EQ 04 - 699 (DCU -06/26/14) EQ 08 - 683 (MyFico -06/06/14) 1% Utilization

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