topic EQ vs TU/EX in General Credit Topics

EQ vs TU/EX

Xyta — Fri, 05 Nov 2021 22:52:46 GMT

It really seems like a poorly kept secret that EQ is the weaker performer among the three national bureaus. I mean, the fact that file splitting can even happen is wild to me, but it seems EQ's infrastructure is weakest. I'm not sure about everyone else, but EQ's omissions on my report are so favorable to me that they're almost criminal. I wonder- why does anyone (lenders) still count them as reliable? If I were in charge of lending and consumer credit, an EQ report would be the last thing I'd trust.

what do others think/what's your experience been?

Re: EQ vs TU/EX

CreditInspired — Wed, 10 Nov 2021 12:48:34 GMT

Hi OP and Welcome to MyFICO

I don't know the answer but wanted to respond to bump your post up to the top.

Re: EQ vs TU/EX

shalimarcat — Fri, 12 Nov 2021 15:49:07 GMT

@Xyta wrote:
It really seems like a poorly kept secret that EQ is the weaker performer among the three national bureaus. I mean, the fact that file splitting can even happen is wild to me, but it seems EQ's infrastructure is weakest. I'm not sure about everyone else, but EQ's omissions on my report are so favorable to me that they're almost criminal. I wonder- why does anyone (lenders) still count them as reliable? If I were in charge of lending and consumer credit, an EQ report would be the last thing I'd trust.

what do others think/what's your experience been?

I have been wondering that, too. For me, Equifax updates last, so the score is always the lowest. I have never heard of file splitting, what is that?

Re: EQ vs TU/EX

Phana24 — Tue, 16 Nov 2021 03:04:58 GMT

@Xyta wrote:
It really seems like a poorly kept secret that EQ is the weaker performer among the three national bureaus. I mean, the fact that file splitting can even happen is wild to me, but it seems EQ's infrastructure is weakest. I'm not sure about everyone else, but EQ's omissions on my report are so favorable to me that they're almost criminal. I wonder- why does anyone (lenders) still count them as reliable? If I were in charge of lending and consumer credit, an EQ report would be the last thing I'd trust.

what do others think/what's your experience been?

I am stunned that EQ is generally far more utilized than TU. As you mentioned, I have little trust in EQ and watch them very closely. I have also found that TU's CSRs are far superior to EQ.