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Line of credit question

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Anonymous
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Line of credit question

I am trying to get a line of credit against my brokerage account , which is a collateral loan .. I ran my scores on myfico .. tranunion 723 equifax 730 experian 694 ..  I got an alert that the of course wells fargo pulled my experian score and why would they just pull 1 score ? .. does the loan sysyem automatically pull the low score ? .. is 694 a good score?  im waiting on denail or aproval

Message 1 of 3
2 REPLIES 2
mitchblue
Valued Contributor

Re: Line of credit question

Some pull all 3 CA, others only one and each is different in what they pull. 

FICO® 8 Scores 821 FICO® 9 Equifax 826 (Updated 02-7-23)
Message 2 of 3
scorewatcher7
Valued Member

Re: Line of credit question

694 is not a bad score. wells can be tough, but if you're securing your loan against your brokerage, then they'll probably approve. 

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