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Why is my Experian so much lower than my walmart or myfico

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samf
Member

Why is my Experian so much lower than my walmart or myfico

New to this and I am about to start applying for a mortgage loan so I checked a few sites for my scores and  Myfico was 704 Walmart fico 721 so was pretty happy ,but Experian was 580! That is a huge difference and terrible. I got that score from the free annual report site where you pay 4.95 after the report for you score.   Why is there such a gap and are they accurate and should I be okay getting a mortgage loan. My income is around 65000 before bonus. Thank you in advance for any help you can provide.

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3 REPLIES 3
llecs
Moderator Emeritus

Re: Why is my Experian so much lower than my walmart or myfico

None of the scores offered when purchasing through the free annualcreditreport.com site are FICO scores. Your EX FICO could be much different. You are also comparing your EX report to your TU report and there can be a stark contrast between reports.

 

Income doesn't matter to FICO scoring since income isn't considered.

Message 2 of 4
samf
Member

Re: Why is my Experian so much lower than my walmart or myfico

ok thank you and should my score be high enough considering the walmart and myfico are decent. The income was only included incase it was relevent to obtaing a home loan.

Message 3 of 4
coldnmn
Mega Contributor

Re: Why is my Experian so much lower than my walmart or myfico

Welcome to the forum. Were there any negatives on your EX not showing on your other reports. That also could be the reason for the difference. 

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
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