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New Contributor
jedijennifer
Posts: 68
Registered: ‎04-08-2008

Re: Large Differences in FICO Scores Between CRAs

I have a 55 point difference between my hightest and my lowest FICO.  EQ which is my lowest has one more account on it than the other two.  For some reason my Perkins loan I got in college only reports to EQ. 
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GOALS:
2009: lower utilization, sell current house (moving to fiancee's house), 700 Club
2010: less than 3% utilization, car loan
2012: buy a farm
FICO 1/16/09: TU: 690 EQ: 635 EX: 659
Moderator Emeritus
ByrdMan
Posts: 7,975
Registered: ‎12-19-2007

Re: Large Differences in FICO Scores Between CRAs

My biggest spread was 178 points.
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Do what is true in spite of the consequences--your future is only as true as you are.
Member
Blackmarble18
Posts: 9
Registered: ‎08-26-2012

Re: Large Differences in FICO Scores Between CRAs

SO I was really hoping to see this situation play out and get a definitive answer. I have a similar issue. I have my transunion and equifax report from fico there is a 30pts spread between the two but my situation is a lil different from the op. All the accounts are the same looking at general info but when you look at detailed info they vary.

 

My transunion is a 680 it has 14 accounts and there are 4 account that are showing discrepancy I have 2 sallie mae loans have negative indicators and two are positive they each have some payment history data, they each report as student loans and have separate account numbers.

 

My equifax is a 650 has 14 accounts 4 accounts that are showing discrepancies. I have 2 sallie mae loans with neg indicators and two are positive. all the balance information matches the transunion account. Here is where the info changes.  All the accounts are missing payment data in addition the accounts don't report as student loans they report as installment loans and the industry is reported as miscellaneous instead of "bank" which is how it reports on transunion.  the other difference is the transunion accounts current status say  "Paid or paying as agreed" for all 4 accounts the equifax current status says "Pays account as agreed" 

 

Ok so I know that there are some big difference on how this reports my question is can I get equifax to report these account the way transunion does so the score match more closely??


Starting Score: (Fico) EX 537 (Fico) TU 537 (Fico) EQ 548 6/19/11
Current Score: (Fico) Ex 719 (Fico) TU 680 (Fico) EQ 720
Goal Score: EX 800 EQ 750


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Frequent Contributor
CreditJunkie917
Posts: 399
Registered: ‎01-08-2013

Re: Large Differences in FICO Scores Between CRAs

My scores in my siggy are current as they can be. I found that I have a defaulted student loan that is on EQ and EX, but not reporting to TU. There is a slight difference between balance reporting on the student loans, but not by much. Everything else is identical, and there is only that small point difference b/w myfico TU and EQ. my EX FAKO is well, a FAKO. :smileytongue:

Amex Plat.(NPSL) Amex PRG(NPSL), Amex BCE($6K), Amex Hilton($1K), NavCheck ($15K), NFCU CR Siggy($14.4K), USAA Amex($7K), USAA World MC($7K), CSP($5K), Chase Marriott($5K), Care Credit($2.5K), Cap1 QS($3.5K), VS($500), Cap1 Secure($200)
Starting Scores(Jan 2013): FICO EQ: 643, TU: 552, EX: 567
Current Scores(June 15, 2014): FICO EQ: 685, TU: 703, EX: 685
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Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008

Re: Large Differences in FICO Scores Between CRAs

Your CRs could be identical across all 3 CRAs and all 3 scores would be different.  There are 3 different versions of FICO used across all three plus the way they are scored for each one.

Member
Blackmarble18
Posts: 9
Registered: ‎08-26-2012

Re: Large Differences in FICO Scores Between CRAs

right but I actually do have the same info on both report but its reported differently. So is there a way to have equifax report the information correctly the way transunion does?


Starting Score: (Fico) EX 537 (Fico) TU 537 (Fico) EQ 548 6/19/11
Current Score: (Fico) Ex 719 (Fico) TU 680 (Fico) EQ 720
Goal Score: EX 800 EQ 750


Take the myFICO Fitness Challenge
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008

Re: Large Differences in FICO Scores Between CRAs

The things that are reporting differently would have no impact on your score, they mean the same thing.

 

 

Member
Blackmarble18
Posts: 9
Registered: ‎08-26-2012

Re: Large Differences in FICO Scores Between CRAs

Oh ok I thought for sure one  bureau showing account data vs the other not showing it would make a difference. Thanks 


Starting Score: (Fico) EX 537 (Fico) TU 537 (Fico) EQ 548 6/19/11
Current Score: (Fico) Ex 719 (Fico) TU 680 (Fico) EQ 720
Goal Score: EX 800 EQ 750


Take the myFICO Fitness Challenge
Valued Member
Jstic
Posts: 43
Registered: ‎01-28-2009

Re: Large Differences in FICO Scores Between CRAs

You should double check to see if TU is treating the HELOC as revolving or not. I had a very smilar discrepancy with my scores, and the ONLY difference between the 3 CRA's was that TU was treating my HELOC as revolving credit, while EX and EQ treated it as a real estate loan, which is what it is. I have a whole thread about this somewhere on this board. When I paid off the HELOC, my scores were all within 10 points of each other, 775-785.

Member
Blackmarble18
Posts: 9
Registered: ‎08-26-2012

Re: Large Differences in FICO Scores Between CRAs

Im sorry is your response to my question? I don't have a HELOC. My post is in reference to the student loans I have, but it sounds like you had a similar issue as me. The student loans are reporting differently, one says installment loan and has no payment data and the other says student loan and has payment data, I thought student loans were calculated differently than normal installment loans and figured that might be part of the problem with the score difference .


Starting Score: (Fico) EX 537 (Fico) TU 537 (Fico) EQ 548 6/19/11
Current Score: (Fico) Ex 719 (Fico) TU 680 (Fico) EQ 720
Goal Score: EX 800 EQ 750


Take the myFICO Fitness Challenge

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