Reply
Valued Member
webpixie
Posts: 49
Registered: ‎10-12-2007
0

Why is Equifax score so much lower?

Hello,
 
Why is my Equifax score is so much lower than the other two?  I actually have less inquiries on this one than the others.  I have a BK from 6 years ago but that shows up on all three.
 
My current scores are:
 
TU:  659 (although through my Washington Mutual Account it says 685)
Experian:  660
Exquifax:  636
 
I am really working hard to reach 720.  I have too many revolving accounts with too high of balances so I am getting those paid off and I can already see the more I pay down the more my scores are going up which is great. My limits are pretty low so I will have all of my cards paid off by the end of the year.  I just was not sure why Equifax is always so much lower?
 
Any ideas?
 
Thanks everyone!
Valued Contributor
John060675
Posts: 1,126
Registered: ‎08-29-2007
0

Re: Why is Equifax score so much lower?

More than likely your average age of accounts is lower on EQ.  You have said that you have "less" on your EQ report.  Believe or not, less can actually be worse.
 
If you have an old baddie (5 to 7 years old) and it drops off, it can actually hurt your score.  It will lower your average age.
 
I would look things over totally and make sure there is not wrong info on the report.  If there is, then dispute.  Might be more inquires on it.
 
Get your utilization down below 10%, and never be late!

Starting Score: 583 EQ, 612 EX, 569 TU
Current Score: 658 EQ, 648 EX, 618 TU
Goal Score: 720 EQ, 720 EX, 720 TU


Take the myFICO Fitness Challenge
Contributor
lightnin67
Posts: 86
Registered: ‎09-09-2007
0

Re: Why is Equifax score so much lower?

Mine is a Lot lower also ,in my case  the only difference  is inquiries.
Eq 613
Tu 685
Ex 687

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+
}