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CarolinaFan2014

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The Transunion and Equifax scores are different. Trying to get a loan, which one do I need to use?

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Your lender may use FICO, or could use Experian, and those also will be different. Most companies do not report to all three credit bureausso each one has different creditor information to use in their calculations. Your credit scores on this site are approximations only, not the true credit score, but they are close enough.  There are other factors to consider, also, like income and current debt to income ratio.  So, not being in a position to see and analyze that information, we can't advise you on which way to go

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Different lenders pull your reports from different credit bureaus, some lenders may even pull your credit reports from all three credit bureaus. Most lenders will use a version of Fico scores from either Experian, Equifax or Transunion. Keep in mind that there are many different versions of Fico, but in many cases it will be the general version of Fico. In addition to the general score, there are scores for mortgage, auto, credit cards, etc. The best thing that you can do is some Googling on what lender pulls what bureau and what version of scores. Also keep in mind that sometimes it depends on what part of the country you live in as to which bureau and version they will use in their lending decision.

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