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Question By
nbkrr12

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why is my credit score 648 with you, but 520 with equifax?

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Equifax as anywhere from 30 to 50 different Credit Score Models.   You need to compare the same Credit Score Model and Version of that Model.

Reply by
silverwateroak

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Where do you find all the models and versions?

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Because Equifax calculates differently, using their own formula.  The scores here are calculated using the Vantage 3 method.  There are a variety of ways to calculate credit scores, depending on the formula used.  No one is the wrong score and no one is the precisely right score.  Just depends on the information used.

Reply by
silverwateroak

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But it does matter if you are not getting approved for a loan, apartment or home because the right formula was not used.

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I understand what you are saying (silverwater), you could compare this to currency. Even though all currency is currency, Mexican currency would be irrelevant and useless in the United States, so it does matter. Do some reading about different scoring models for credit, but be aware that most lenders use a version of FICO scores, also remember that there are different versions of FICO. Always be sure that you look to see what type of credit score you are getting.

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