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myjourney
Posts: 26,644
Registered: ‎02-07-2013
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Re: Why is my EQ score so low, compared to the other two?

My EQ score has always been the lowest of the 3 for years

Same TL's never understood why.

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/6/13


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indiolatino61
Posts: 1,481
Registered: ‎11-10-2012
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Re: Why is my EQ score so low, compared to the other two?

In my experience, my TU has always been the highest, followed by EX. Just like you, my EQ is always 40-50 pts lower. I've pulled all 3 CR and all of them are identical, with EQ only having 1 more inq than the others. Is one inq worth 40-50 pts? It remains a mystery.

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HiLine
Posts: 3,064
Registered: ‎10-19-2012
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Re: Why is my EQ score so low, compared to the other two?

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WarJar101
Posts: 341
Registered: ‎08-14-2012
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Re: Why is my EQ score so low, compared to the other two?

[ Edited ]

HiLine wrote:

Two words: scoring model.


Well, EQ's scoring model sucks. They're screwing me, no...us sideways with that scoring model. Well, it's messed up but at least I know I'm not the only one out there with the issue, makes me not feel so isolated. It's going to take forever to get triple 700's, lol...

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Walmart Credit Card $1.5k (03/13)
TU: 687 FICO (3/13) | EX: 692 Lender Pull (3/13) | EQ: 678 (4/1/13)
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WarJar101
Posts: 341
Registered: ‎08-14-2012
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Re: Why is my EQ score so low, compared to the other two?

Ok, so out of curiousity I decided to do the free trial scorewatch by MyFico. EQ score is 678, so it was an internal score Citi was using. Damn you Citi! Lol, I must say though it feels good to see the real deal. It's still the lowest, out of the three, as it is for most people, but it's higher than I perceived it to be.:smileyhappy:

Cap One Platinum MC $2.5k CL (08/12)
Citi Forward Student Visa Card $1.5k CL (09/12)
Express NEXT Card $0.25k CL (02/13), Jcrew CC $0.7k CL(02/13)
AMEX PRG NPSL (03/13), AMEX Gold Delta Skymiles 2k (03/13)
Walmart Credit Card $1.5k (03/13)
TU: 687 FICO (3/13) | EX: 692 Lender Pull (3/13) | EQ: 678 (4/1/13)
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soILseminole
Posts: 80
Registered: ‎01-17-2013
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Re: Why is my EQ score so low, compared to the other two?

mine EQ is lowest of 3 as well. Mine EQ file is "thinner" than my other two though (19 lines vs 26/27) ...maybe this is why? AAOA
Current: |MyFico TU-766| |MyFico EQ-737| |Amex EX-736| (May '13)
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HiLine
Posts: 3,064
Registered: ‎10-19-2012
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Re: Why is my EQ score so low, compared to the other two?


WarJar101 wrote:

HiLine wrote:

Two words: scoring model.


Well, EQ's scoring model sucks. They're screwing me, no...us sideways with that scoring model. Well, it's messed up but at least I know I'm not the only one out there with the issue, makes me not feel so isolated. It's going to take forever to get triple 700's, lol...


I'm sure in other situations your FICO score based on this model will be higher than your other FICO scores :robothappy:

 

New Member
vr01
Posts: 1
Registered: ‎09-08-2007
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Re: Why is my EQ score so low, compared to the other two?

My situation seems to be opposite - TU 752, EQ 813, EX 794.

There is no discernible difference between the  reports. However, TU says the I make heavy use of revolving credit and that I owe too much on a non-mortgage account. Well I have 2 credit cards - one I owe $520, and the other $9. I do have a balance of approximately $23000 on my HELOC and $23000 left on my mortgage. On the page  "Understanding Your Credit Score",  TU  counts the HELOC as revolving credit by adding the HELOC and the two credit cards to get a revolving credit balance of $23529. But on the page "Credit At-A-Glance"  revolving credit is $529 and mortgage is $46,000. Neither EQ nor EX count the HELOC as revolving credit.  Now in March of 2012, I did payoff my auto loan with the HELOC, but that was only $2300. Got the  HELOC 4 years ago to do mods and repairs to the old hacienda ( which is on going). 

 

By the way, my credit scores from March 2012 were TU-767, EQ- 801 and EX- 776; and I carried more debt and more accounts with balances. The additional accounts were paid in full by September of 2012.

 

Just seems odd that the TU score got worse.

 


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