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Question By
ShempsMom

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FICO on my Discover statement vs Credit Karma, why the huge disparity between the two sites in score
My FICO on my Discover Card statement is 80 points higher than my lowest score here and there is a thirty point difference between these two scores! Are the scores on here my FICO score and if so what gives? i' a little disillusioned as I've been using Credit Karma for a while but this is a significant difference between all 3!

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Different scoring models

Helpful to 3 out of 3 people

There are dozens (or hundreds) of different credit scoring models out there and they all calculate scores based on inclusion or exclusion of specific information, as well as how that specific information is weighted.  There are three different credit bureaus and there are different versions of the scoring models they use as well.

Discover shows you a FICO (Fair Isaac Company) score from Transunion on your statement.  Credit Karma is showing you a VantageScore (version 3.0) from Transunion and Equifax (you won't find Experian scores here).  FICO scores and VantageScores are not the same thing (different scoring models).  Each of the three credit bureaus also has their own method for calculating scores (different "flavor") even if the scores use the same name.  So a Transunion VantageScore can certainly be different from an Equifax VantageScore.

Frustrating, yes...but the actual score numbers are less important than being informed about your credit (whether it's currently in a good or bad place), and being able to identify trends over time (whether it's improving or declining or staying about the same).  If you're going to apply for new credit soon (credit card, bank loan, car loan, mortgage) the numbers will obviously be a lot more important to you right now.  Standard disclaimer: your mileage may vary.  Not everyones' experiences are the same.

Reply by
AFKKUHR

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Helpful to 2 out of 3 people

You are correct about Credit Karma using TransUnion & Equifax, HOWEVER, Discover uses EXPERIAN (the 3rd of the 3 credit reporting agencies) to calculate your FICO score

Reply by
bmoneymacaroni

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2 People Helped
Helpful to 2 out of 2 people

As far as I know Discover uses TransUnion:

"Important Information:

  • Your FICO® Credit Score is based on your TransUnion credit report using the FICO® Score 8.
  • If you are a new cardmember with less than 12 months of account history with Discover, your FICO® Credit Score history will start with the first month your account was opened."

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