Which FICO score is better TransUnion or Equifax?
Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. Your Equifax credit score is more likely to appear lower than your TransUnion one because of the reporting differences, but a fair score from TransUnion is typically fair across the board.
Is FICO or TransUnion more accurate?
Because there are varied scoring models, you'll likely have different scores from different providers. Lenders use many different types of credit scores to make lending decisions. The score you see when you check it may not be the same as the one used by your lender.
Why is my FICO score different from TransUnion and Equifax?
For example, an apartment manager who checks your credit may only look at Experian while a credit card company might only look at TransUnion. FICO was developed as an alternative to these bureaus. Many lenders prefer FICO because it paints a more holistic picture of the potential borrower.
What is the difference between TransUnion and Equifax credit scores?
TransUnion and Equifax calculate credit scores differently. An Equifax credit score is an educational credit score. The point of this credit score is to provide consumers with the knowledge to help them predict their general credit position. How Does TransUnion Calculate Credit Scores?
Is my TransUnion credit score my real FICO score?
In your case, Heather, the score you bought from TransUnion is their consumer version of your credit score, but it’s not your real FICO score. Only myFICO.com is the source for direct consumer access to FICO scores used by lenders. Surprising, right?
Is Credit Karma different from TransUnion or Equifax?
When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. They’ll likely be slightly different, and it’s possible they could be very different.