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TQN7

2 Contributions
44 People Helped
Multiple Credit Scores Not Similar In Numbers
Does anyone know why the Equifax andTransunion scores have a nearly 60 point difference? Also, why when my credit is looked up, its nowhere near what Credit Karma has?

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Top Contributor
125 Contributions
133 People Helped

Hi TQN7!

Two questions here, so lets start with the first.

1.  Any differences in your score between the two are due entirely to what is being reported on each.  For example, how many "open" accounts do you have listed on each?  Maybe an account has shown up as a "charge-off" on one side, while still an open collection on the other?   This seems bad either way, but an open collection could actually increase your average age of accounts, and thus off setting the collection in some way.  Maybe one account isn't being reported at all?   

2.  The scoring system used on this site is VantageScore 3.0.  The score that the vast majority of companies use when condsidering offering credit is FICO.  Obtaining a FICO score costs money.  The scores on this site are free.  That being said, having ready access to a VantageScore is nice, as you can monitor changes to that score every week.  Any change to the score is an indication of something, good or bad.  

I hope this helps you!

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