No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I'm a little miffed as to why each of the 3 bureaus are reporting each of my scores differently - here's what I see:
3-in-one score from Transunion:
TU 682, Experian 662, Equifax, 673
3-in-one score from Experian
TU 590, Experian 598, Equifax 586
3-in-one score from Equifax
TU 595, Experian 578, Equifax 614
Is this normal -- and how do I now what to believe??
Please read the Son of Credit Scoring 101 thread in my sig line. It will answer your questions on scores.
Sounds to me like your EQ and EX scores are based on BEACON model and PLUS Score model respectively. The TU score is probably the Vantage Score, which is generally a higher numerical number than the others.
Thanks for the reply -- what will mortgage lenders look at? And where can I see this score that the banks will be evaluating me on? Thanks.
@ztnjpv wrote:Sounds to me like your EQ and EX scores are based on BEACON model and PLUS Score model respectively. The TU score is probably the Vantage Score, which is generally a higher numerical number than the others.
None of those are FICO scores. There is no 3 in 1 service that sells FICO's.
Ok - so then how do I get the score that banks look at to determine a home loan?
As MVV pointed out, NONE of those scores are anything that would be used for a mortgage. The ones that you pulled from Transunion are probably Vantage Scores, which have SOME value even if that value is very, very tiny - lets just call it "almost zero". They have zero value for a mortgage. The scores from EQ and EX have no value at all, other than general education that give you a general idea where you stand. They are not used by any lender of any kind for anything.
Start with the EQ FICO from here: EQ Beacon v5.0. That will be one of the scores that will be used for a normal mortgage application.
Also, refer to Fused's post and read the document suggested.
+2 on the ditto. None of them are FICOs.
"None of those are FICO scores. There is no 3 in 1 service that sells FICO's."
--------------------------------------------------------------------------------------------------------------
Did I say otherwise?
"Ok - so then how do I get the score that banks look at to determine a home loan?"
----------------------------------------------------------------------------------------------------------------
In my experience and based on the hearsay I get, the Experian FICO is the most widely used FICO score by lenders for most kinds of smaller and non-home-related loans. Ironically, it's the only one you can't get without a hard pull outside of some special arrangements for a few lucky people....like being a member of the PSECU (PA teachers credit union...which I'm a happy member of through relatives ). But for a mortgage, most any bank will be more thorough and pull all 3 and usually use the middle one.