@Anonymous wrote:Inquiries-9 Ex 6-TU & EQ
Currrent Fico 8 scores:EQ-661
TU-679
EX-644 not sure why my EX is so much lower
@M_Smart007 wrote:
@Anonymous, Honestly I would figure out why EX is lower?, and work on getting that up,
There is probably your answer.
You have three additional inquiries on EX than on EQ/TU. My EX score has been lagging for awhile because Chase hit it repeatedly over the past two years as I added new Chase cards while I had as little as zero inquiries on the other two bureaus.
Also, each of the credit bureaus may have slightly different data in their files. For example, some accounts (that either help or hurt) may not show up in one version of your credit report. The exact dates the scores were run, the balances reported etc can lead to variations also. You could have paid off a large balance to a card that hasn't updated on one bureau's scoring for example.
And while there are FICO score models with the same name provided by different credit bureaus, I'm not sure if each CRB uses the exact same formula in how scores are calculated. There may be some minor difference. I've often noticed that my EX score is lower than my EQ and TU. It does make me think their scoring is just more conservative.
In summary, I wouldn't call a 35-point split from 679 to 644 to be at all unusual or anything to be concerned about, especially with a significant variation in inquiries. If you were able to go back in time and pull all three credit files as of the dates those scores had been run and go over them with a fine-tooth comb, you might find even reasons for the differences. But it's just not significant IMO. That said, pulling your actual reports annually and seeing what might be contributing to variations over the long-term (errors, missing accounts, etc.) is not a bad idea. Month-to-month, meh, not so much.
@Anonymous wrote:@Aim_High i didnt think those 3 extra inquiries would have that much weight. Im not too concerned, just curious🧐🧐
Gotcha. Always good to try to understand the factors.
I currently have two less inquiries on my EQ versus EX (4 versus 6) and the difference in those scores is already 16 points, even before you add in another inquiry. And that is without the other variables that might exist between our files, such as my much thicker file with no charge-offs or lates. I'm pretty sure the inquiries is the main source of your variation.
In general, from what I've seen, the stronger your file and the higher your score, the less each inquiry will affect your scores.