Experian Vs Equifax Score
Consumer credit protection act of 1968.
Experian vs equifax score. Credit score calculated based on fico score 8 model. Transunion vs experian vs equifax who s best for 2018. Talk to a debt specialist. There are a number of reasons for this.
Your financial life is dictated by your credit score which in turn means that you are at the mercy of the credit bureaus that create these scores. The equifax credit score model uses a numerical range between 280 and 850 and fico score models use a range between 300 and 850. When people obtain their credit score through transunion and equifax they are often surprised to see a different credit score from each bureau. 1 credit report with credit score costs rs.
Cost of the report. My borrowell credit score is 734. The beacon pinnacle score is a credit score generated by the equifax credit bureau to provide lenders with insight on an individual s creditworthiness. Credit score calculated based on fico score 8 model.
On its face a credit score is merely a numerical representation of the data in your credit reports held by the three major credit bureaus transunion experian and equifax. Credit report costs rs. 164 including taxes handling charges. My credit karma score was 821 and my equifax score was 734.
Your lender or insurer may use a different fico score than fico score 8 or another type of credit score altogether. Your lender or insurer may use a different fico score than fico score 8 or another type of credit score altogether. In both cases higher. 118 and 1 credit report with credit score costs rs.
100 confidential and scam free 888 431 6751. Since the information on your credit reports at each bureau can differ your equifax credit score and fico score can differ depending on which credit report is used to calculate the score. As you can see there s a large difference between the two scores of equifax and transunion. Three major credit bureaus compile information about consumers borrowing habits and use that information to create detailed credit reports for lenders.
The information contained in ask experian is for educational purposes only and is not legal advice. The information contained in ask experian is for educational purposes only and is not legal advice.