Understanding FICO® Scoring

[Yankeefan]

I have been playing with my Uti to see my effect on my Fico scores.  Now both my TU and Eq reports contain the exact same information. My Eq score is 792, and TU is 753. TU claims my installment loans (student loans) totaling $4k are negatively impacting my score. I dont understand the 40 point variance between the two reports, considering they are based on the same information.

[Shogun]

There's always a difference in the scores.  Some weigh certain aspects differently than others.  Your scores are in pretty good shape, I wouldn't worry about it too much.

[bettercreditguy1]

Sometimes, the negative explanation does not make sense either. They must report something in that column or everybody would be at 850 PERFECT!.

[geronimo2008]

Even a Yankee fan can understand it.   (LOL)

The different scores are because they weight the data differently.  Even with absolutely identical data the scores usually vary and sometimes quite a bit.  There is simply no reason to expect the scores to be similar.

[my-own-fico]

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Yankeefan wrote:

I have been playing with my Uti to see my effect on my Fico scores.  Now both my TU and Eq reports contain the exact same information. My Eq score is 792, and TU is 753.

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That would depend on what you mean by variance.

Seriously, it's common that people overlook something like the account type of a trade line across the three agencies, which can make a huge difference such as whether it's used for util or not.