So, I get my FICO score from a couple sources (Experian directly, few credit cards). My FICO score is 733 on Experian for example and 692 with Equifax on Credit Karma. That is a big difference. The only real negatives I have is utilization. Around 32% ($20k of $64k available). I pay 100% on time, all greens across the board. I also have 3 paid off auto loans(2 finance and 1 lease) and currently paying a lease with no missed payments, this is done is July. I have no mortgage, no medical or student loans. I also just took out an installment loan to replace HVAC of around $7000. It shows 1 payment right now. Here are my questions....
1-Why is there such a difference between Experian FICO and Credi Karma? Which is more accurate for lenders? Particularly auto lenders?
2-My score dropped 24 poins with Credit Karma but only about 10 when the installment loan was added to my credit report?
3-What factors are most important with auto lenders? Particularly an auto lease? I don't want to fall to a lower tier and pay more.
