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I'm posting this question with the hopes that someone can help me understand why and possible explain to me how to have this fixed.
My transunion score does not reflect my good credit history on the scale diagram as it does on the Equifax one. I'm wondering if that is the reason the scores are so far apart. My Equifax score is 582 and my transunion score is 536. I am thankful for any insight that you can give.
God Bless!
Enonge wrote:
I'm posting this question with the hopes that someone can help me understand why and possible explain to me how to have this fixed.
My transunion score does not reflect my good credit history on the scale diagram as it does on the Equifax one. I'm wondering if that is the reason the scores are so far apart. My Equifax score is 582 and my transunion score is 536. I am thankful for any insight that you can give.
God Bless!
You're going to have to examine your reports from both TU and EQ side-by-side to see if you can identify any differences between the two. But in general, it's not uncommon for TU and EQ to differ by a quite a bit.
Remember, also, that the "scale" illustration is only a very simplified representation of the factors affecting your score. You need to look at the specific data that underlies both your score and this illustration. With your scores where they are, you may find information on both reports that indicates that you have work to do to boost those scores.
Good luck!
Your score does not break down the separate effect of lenght of credit history, so there is no way to determine how each FICO score from each CRA is weighting it.
Even if your credit reports from all three CRAs are identical in all respects in all categories, it is not uncommon to see a difference in scores of 20 pts. Each CRA commissions a totally different scoring algorithm from FICO based on the things they wish to emphasize, and there is no way for you to obtain their scoring algorithm.