Reply
New Member
Posts: 2
Registered: ‎04-26-2011
0

Experian Scores Vary Widely Within A Few Days

Im purchasing a new house...hopefully closing today...might be tomorrow...

 

I refied my car through my local credit union on the 27th and my Experian Score was 768. A few days later I get a disclosure from my lender on the second mortgage (Im doing an 80/10 loan)....and my Experian Score there is 818. Both of these scores should have been pulled within the same week. My Equifax score from scorewatch has been sitting around 796 for the past few weeks...

 

Anybody else seen a score swing like this? Any ideas? My debt mix hasnt really changed within that week (if anything I would have expected it to drop a few points from the extra query).

 

 

 

 

Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: Experian Scores Vary Widely Within A Few Days


Drunkcaballo wrote:

Im purchasing a new house...hopefully closing today...might be tomorrow...

 

I refied my car through my local credit union on the 27th and my Experian Score was 768. A few days later I get a disclosure from my lender on the second mortgage (Im doing an 80/10 loan)....and my Experian Score there is 818. Both of these scores should have been pulled within the same week. My Equifax score from scorewatch has been sitting around 796 for the past few weeks...

 

Anybody else seen a score swing like this? Any ideas? My debt mix hasnt really changed within that week (if anything I would have expected it to drop a few points from the extra query).

 

 

 

 


Has the refi hit your cr? Does it show a paid off loan and a new loan?

Valued Contributor
Posts: 1,694
Registered: ‎07-16-2013
0

Re: Experian Scores Vary Widely Within A Few Days

Auto-enhanced vs Experian/Fair Isaac Risk Model v2 ?

 

Valued Contributor
Posts: 1,794
Registered: ‎07-01-2010
0

Re: Experian Scores Vary Widely Within A Few Days

There's more than one EX variant out there, and I'd suggest checking to see if the scores are using the same model.

 

Also, your score can jump around from day to day, sometimes in a major way, depending on what new information is being reported.

 

New Member
Posts: 2
Registered: ‎04-26-2011
0

Re: Experian Scores Vary Widely Within A Few Days

Thanks for the replies. I was able to double check the dates and they were both pulled within 1 day of eachother. I dont think the refi has hit any of my credit reports yet (and not within that time period). I also would expect that if they did it would have caused my scores to go down (older account closed, and new account with same balance shows up), but im going the other way. It has to be two different Ex models being used...I guess I am just surprised that they could be that different. 

 

I dont think either pull says what model is being used. 

 

So far as I know my credit scores are somewhere between 742-818 between all 3 agencies. Small range Smiley Happy

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.