Credit Card Center Advertiser Disclosure†
08-16-2007 09:02 PM
08-16-2007 11:33 PM
08-17-2007 06:08 AM
I have a Best Buy card and the limit is $2000. I am in the process of a refinance of my house and the lender pulled my credit reports. The report showed that Best Buy is reporting twice. One is to Experian and the other one has Transunion and Equifax. They are both showing the same balance. Could this be effecting my credit score?
It should be reporting on all three. Best buy reports to all three bureaus. Did your lender make this out to be something negative? If so, find anothe lender, they should know better
08-17-2007 08:49 AM
08-17-2007 08:57 AM
On my CR's Transunion has the account as 25000XXXX ThenEquifax and Experian have the same account listed with the number 000000xxxxx with different amounts for credit limit, etc.
The account number format can be different for each bureau. I wouldbe concerned however with the difference in CLs. I know somw bureaus will round it up to the next even fifty or down as the case may be. A 530 limit may report as 550. (I have a card with an odd limit) others will report actual limit.Is there a big difference in the limit amount?
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.