Only Credit Report costs Rs. " 03-23-2012 12:19 AM. Other factors used in determining. Differences in credit scoring formulas. 0 is relied on by lenders across a variety of industries. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. FICO Score 9 is already being used by hundreds of lenders, and eight of the nation’s top 10 lenders have either evaluated it, are in the process of evaluating it or plan to do so, according to. They use different formulas to calculate your credit score. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. 0. The other two only report the name of your employer and do not add any weight to that fact. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 – 739 and higher. The credit scores and reports you see on Credit Karma should accurately reflect your credit information as reported by those bureaus. The scores we provide are actual. 550. First, it is important to understand what a FICO score is. If you plan on applying for credit, make sure to check your FICO Score since there’s. Why is Equifax always lower than TransUnion? Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. The other two only report the name of your employer and do not add any weight to that fact. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. You were the victim of identity theft. The other two only report the name of your employer and do not add any weight to that fact. | Last update: February 9, 2022. And even if a lender reports your credit information to both bureaus, they may do so on different dates, meaning your credit score could be up-to-date with one bureau and out. As the model differs, the results do the same. Step 2. Equifax 54%. If you had unexpected expenses and you put them on a credit card or cards, your credit score could drop. It however is still being marked as an open collections account. After speaking with two mortgage specialists, I was led to believe that the two scores would be within 10 points of each other. Equifax credit scores are not used by lenders and creditors to assess consumers' creditworthiness. Length of credit history: 15%. Would love to know the answer! Hello - 1303709Understanding credit score ranges. Also the different credit bureaus do calculate the scores differently. 0 range from 501 to 990. A good score with TransUnion and VantageScore® 3. Why is my Experian score so much lower than credit karma? This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. Equifax Equifax scores range from 280 to 850. Why is my Experian score lower than TransUnion and Equifax? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. TransUnion uses a 7 year credit history while Equifax calculates it based on a time interval of 6 years and 9 months. Hard inquiries help your lenders track how frequently you have applied for credit and can cause. It is also important to note that lenders might send their reports at different periods of time, so it is possible that TransUnion might have fresher updates than Equifax and vice versa. These companies compile information about your credit into reports that are used to generate your credit scores. It was a Verizon account paid in a BK that was d/c 4/4/17. TransUnion provides the VantageScore 3. Why is my Experian score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. 0 and 4. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. For instance, Equifax uses a scoring model known as the Equifax Credit Score, while TransUnion uses a scoring model known as the. 580 to 669 (fair credit): Some lenders will work with consumers with fair credit. Experian CreditWorks Basic: View your Experian credit report for free every month. Your VantageScore® 3. The Equifax is not a FICO score. The most likely explanation is that your three reports are not exactly the same, and that in particular there is something on the EX report that makes its score worse. ”. Generally, anything over 556 is an acceptable credit score. A failure risk score will range from 1001-1,610, with a lower number meaning that the business is a high risk. And a lender may report updates to different bureaus at different times. Note that a credit report =/= credit score. Then there are “educational” credit scores. Great chance you are comparing a score from Credit Karma with a range of 501-990 versus the score your bank is using with a range of 300-850. VantageScores below 600 are considered “subprime. As the information on your reports directly impacts your credit score, it can be beneficial to check the reports and make sure everything is correct. Credit card utilization is the ratio of credit card balances to available credit card limits. TransUnion reports I have better credit than 2/3rds of the country but Equifax says I have better credit than only 1/3rd of the country. Dispute directly with the company that reported the information to TransUnion. Applied for multiple lines of credit. Re: Transunion credit score is 35+ points lower than Experian and Equifax scores. 5 reasons your FICO score may be lower than your credit score. One uses FICO Score 9 based on data in my Equifax credit file. 0 credit score was lowered by 72 points. Can be off by up to 100 points —causing you to under or overestimate your creditworthiness. Experian and Equifax are the two largest credit bureaus in the United States. Great chance you are comparing a score from Credit Karma with a range of 501-990 versus the score your bank is using. The other two only report the name of your employer and do not add any weight to that fact. 95, but it is a little hard to find. Some lenders only report to one credit bureau, while other lenders report to both. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. TransUnion scores better than Equifax across: Plans and Pricing, Report Details and Frequency, Credit Bureau & Credit Scores, and Monitoring and Extra Features. Equifax and Transunion use FICO 04 models for mortgage scores (309-839 and 334-818). Yes. Though both TransUnion and Equifax do the same thing (calculate your credit score), they do it in different ways – which means it’s not unlikely that your credit score may be slightly different between the 2 companies. TransUnion is bringing up the rear among the three. Financial experts typically recommend that your credit usage is below 30 percent of your credit availability. 0. Therefore, there are other reasons why the numbers. In other words, your credit utilization rate is how much of your available credit you’re using at any given time. Delinquencies reported on a loan reported on one credit report, but not the others, is the most common reason why you'll see wide. TransUnion differs in credit history length. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score. They’ll likely be slightly different, and it’s possible they could be very different. 1. Good: 670 to 739. By law,. In general, the higher your score, the better your chances of getting approved for credit cards or loans with more favorable terms, including lower interest rates and fees. It was developed by the three major consumer credit bureaus — Equifax, Experian and TransUnion — to create a “more predictive scoring model that is easy to understand. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. This won’t show up on your Experian or Equifax records. Yes, equifax and transunion from credit karma so vantage score 3. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. In a Nutshell. Even if they have the same accounts and balances they may classify them differently. We would like to show you a description here but the site won’t allow us. In this article, we’ll compare two of the major credit bureaus, TransUnion, and Equifax, and answer the question: which score matters more? Why is my Transunion score different. FICO® Score 8 is a little more forgiving of a one-time late payment than previous versions. 0 scoring model. But at my credit union, I have access to two different score models. com. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. There are many different types of credit scores and scoring models. However being under 700 on one while being over 800 on the other is unusual. See moreWhy is my Equifax credit score 37 points lower than my Experian score, and 47 point lower than my Transunion score? I have compared all 3 of my credit. TU (900) still has me as a student. Suzanne Kvilhaug. Is there a specific reason for this? A: The reason your credit scores are different from each other is because of the different information that the credit bureaus have about you. Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. If your total credit limit across all your cards were $10,000, you’d want to keep your total balances below $3,000 to limit the negative impact on your score. Score: 4. This means that there is not only a clear 200 point difference between these two bureaus but the “perfect scores” are also different, which is 1000 as reported by Experian and 1200 as reported by Equifax. Experian. Why is Experian score lower than TransUnion and Equifax? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. Why is my Experian score 100 points higher than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. This is free. Message 3 of 6. I painstakingly fixed my credit score after several years of lousy credit and monitor my score regularly through CreditWise from CapitalOne, which is based on TransUnion, and from USAA which uses Experian. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. Transunion Vs. Credit-scoring models can differ and. If you plan on applying for credit, make sure to check your FICO Score since there’s. THere are many more than that. While it is possible for you to have only one credit score, it's unusual. Why are my scores differ so much and Which score will…Experian, Equifax, and TransUnion each offer credit monitoring services. Here’s why your FICO® Score 9 credit scores could be different. When the scores are significantly different across bureaus, it is likely the underlying data in the credit bureaus is different and thus driving that observed score. A person’s Experian credit score may be lower than their TransUnion or Equifax scores for several reasons. When your score is high you have better opportunity for lower lending rates. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. Dispute directly with the company that reported the information to TransUnion. 2. My Equifax report still lists my employer as "Parental Allowance" from when my parents helped me get my first credit card at 18. We would like to show you a description here but the site won’t allow us. FICO and TransUnion’s New Account Score ranges from 300 to 850; Vantage, from 501 to 990; Equifax’s is between 280 and 850 and Experian ’s is 330 to 830. I did an experiment where I put all my spend on one card and none on the other (0%), and Equifax didn't update it until a month later. It is really affecting me getting an auto loan. Experian’s free credit score is the FICO Score 8, the score most lenders use. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the. The lower Equifax number is a common concern for many people. Since then TU has been the laggard of the three most of the time. Financial Smarts Transunion vs Equifax TransUnion® Vs. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you'll see wide credit score. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you'll see wide credit score. You’ll be able to attach supporting documents to your dispute if you submit it directly with TransUnion. Delinquencies reported on a loan reported on one credit report , but not the others, is the most common reason why you’ll see wide credit score. "The most widely used credit scoring model is the FICO 8, which is used by the three largest credit bureaus, Equifax, Experian, & TransUnion (The Big Three). Maybe some small difference, like if you get a hard pull, it may only be on one but not the other. But remmember too that those scores are only about 7% apart. From a BK years ago to: EX - 3/11 pulled by lender- 835, EQ -. Was the Experian score pulled by a lender? And if so, what kind of lender?Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. If we didn't, seemingly normal credit usage today would be considered a higher risk than in years past. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. Many creditors have a custom one, so may not even use the score you see. You may have a different score with each of the three nationwide credit reporting agencies (TransUnion, Equifax and Experian). I just pulled my Transunion and Equifax FICO scores from myfico. Poor: 300 to low 600s; Fair to good: Low 600s to mid 700s; As you can see in the examples above, Nate’s Experian FICO Score 9 was 25 points higher than his VantageScore from Transunion and 20 points higher than his VantageScore from Equifax. When lenders review your credit report for the purpose of an application, a “hard inquiry” is placed on the credit report they checked. Why is my Equifax score lower than TransUnion? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. There are two main scoring systems: FICO – it was created in the 1950s and is used by mortgage lenders. VISIT SITE. However, VantageScore 3. The credit bureaus may not have the exact same information on you. Experian gives a more detailed picture of a person’s financial history, including payment timeliness and debt utilization. The most common scores range from 300 points to 850 points. But, I am concerned about Equifax score and why it is so low. There are many reasons why the numbers between Equifax and Transunion may differ so much. Why is my Equifax score low? A low score (less than 650) indicates a high-risk customer with a high probability of defaulting on debt obligations. 118 and 1 credit report with credit score costs Rs. FICO credit scores have the following ranges: Below 580 = Poor. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. At you can buy just a credit report and FICO score for $15. Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information about. Why is my Transunion score 35+ points lower than my other scores and is there a way to dispute the score calculation? (I have 6 additional hard inquiries on my Transunion report that are 1-2 years old and I think those might be affecting my score, even though they are over 1 year old). 590 on Experian, 651 on Transunion, exact same information for both. Theyll likely be slightly different, and its possible they could be very different. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. Credit mix: 10%. My mortgage broker said because of the 588 score, I wont even get an offer from her 30 lendors so she said it's probably not worth even applying/trying until I get that to an even 650 on Equifax. | AUWhich credit bureaus banks check. 0 on Credit Karma will likely be different from your FICO Score that lenders often use. Hello - I'm using CreditKarma to monitor my credit, for over a month now my credit scores have differed by nearly 100 points. TransUnion uses the VantageScore ® credit scoring model to calculate your credit score. The answer is easy. The other two only report the name of your employer and do not add any weight to that fact. Although your scores in the two credit scoring models should be similar, it makes sense to check the score lenders are more likely to use. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. I wouldn't doubt if my EX score was 100 points lower than my TU or EQ scores. Why is my Experian score lower than TransUnion and Equifax? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. When I asked the lender about this, they said my score was 670. wrote: Why is my Experian score 74 points lower than my TU and Equifax scores? It reports the same stuff as the other 2. Inquiries stay on your credit report for. One of the main reasons why your Equifax score may be significantly lower than your TransUnion score is because both credit bureaus use different credit scoring models to calculate your credit score. Score: 4. 5. This means that there is not only a clear 200 point difference between these two bureaus but the “perfect scores” are also different, which is 1000 as reported by Experian and 1200 as reported by Equifax. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. Lenders also use but the Equifax score may be weighted differently. 740-799 = Very Good. In addition, TransUnion reports your employment history and personal information. " On the next page, click on the "Reports Only" tab. Your Equifax credit score may be sometimes lower and sometimes higher than your TransUnion score for a variety of reasons, including: Each of Canada’s two major credit bureaus use different credit scoring models to establish your credit score and file. Fiance's scores are 770 and 760 for Equifax and TransUnion respectively. It shows my Transunion score from 4 months ago -February 2015 (score=715) and my Equifax score (NO SCORE) as of 1 - 4072030. I understand that they are different companies with different algorithms so a different credit score is understandable. Re: Why is my transunion fico so much higher. Different FICO models can produce very different scores. My Transunion score is in the tank though at around 567. Thanks in advance, L C BMW pulled a 540 experian for me while USAA and capital one. 10% types of accounts, known as credit mix. Why is my Experian score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. Financial experts typically recommend that your credit usage is below 30 percent of your credit availability. Both hard and soft inquiries appear on your credit report, but it’s the hard inquires, those related to applying for credit cards and loans, that affect your score. Why is my Equifax score 100 points lower than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. The other uses VantageScore 3. When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. On top of that, these credit reporting agencies use different scoring models to produce credit scores. These are what you see when you look up your. However, interest rates will be higher, and the loan amounts will often be lower. Gives you a better understanding of your credit and more confidence when you apply. But one of the above comments is right. Fair: 580 to 669. Depending on the date of your report, there could be slight differences in the score we have and the one Equifax has. Credit Karma says it's using Equifax and Transunion, and both of these agencies are showing similar scores. This difference in emphasis can decrease or increase your credit score. Some lenders only report to Experian or Equifax. Why is my Equifax score lower than TransUnion? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. But if you’re looking to take out a loan anytime soon, we still. See your credit utilization rate details for each bureau. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. Each company has its own method of collecting financial information. Yes we display your Equifax credit score. Credit Score Ranges. Experian 76%. When you log into your Credit Karma account, you can access your free credit reports and scores from both TransUnion and Equifax. TransUnion: Credit Rating. Borrowell pulls data from Equifax and CreditKarma pulls data from TransUnion. Your score — along with other. Because different lenders rely on different credit reporting agencies,. These are things like lates and collections and. 580-669 = Fair. 10% new credit. This is one of the least forgiving bureaus because much more weight is assigned to your payment history and the average age of your credit accounts. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. I am and have been getting alerts from Myfico about a lot of changes in my TU and EX since the beginning of February. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. The basic FICO credit score range is 300 to 850. . Equifax and TransUnion are two of the most popular credit bureaus in Canada, and more and more people are seeking out their services as they go to apply for mortgages, loans, condo rentals, and. Sponsored. There are a number of reasons for this. Feb 25, 2022. TransUnion however gives me a credit score of 780 and Equifax a credit score of 730. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Very good: 740 to 799. Why is my TransUnion score so low? There are two main reasons why credit scores for the same consumer can vary by more than a few points: Differences in the information on file at the three major credit bureaus – Equifax, Experian and TransUnion. First, a CK score is a VS score (not a FICO score) so it's unmeaningful and shouldn't be worried about. In contrast, TransUnion offers a free plan, as well as a subscription plan that costs $24. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the criteria. In general, the higher your score, the better your chances of getting approved for credit cards or loans with more favorable terms, including lower interest rates and fees. Second, Experian considers a different. Score: 4. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. 0 and 4. Why is my Experian score so much lower than TransUnion and Equifax? Reasons Why Your Credit Scores Differ From Bureau to Bureau – It’s unlikely that you’ll have the same credit score across each of the three credit bureaus. Multiple factors could account for why your scores are different. VantageScore 3. First things first. But Canadian consumers cannot access their. Equifax 802, Transunion 848, Experian 839. VantageScore 3. 4. Credit Karma uses a different scoring system than the one mortgage lenders use. Experian is often a way better monitoring system based on their record keeping. Equifax, Experian and TransUnion are the three credit bureaus responsible for reporting your credit score. And a lender may report updates to different bureaus at different times. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. If you have many recent inquiries, lenders may assume that you are having financial problems. This model scoring scale starts at 300 (the lowest) and caps at 850. This model ranges from 300 to 850. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. For example, a mortgage lender may look at a different credit score than your bank when they are deciding whether to grant a credit card or a new credit limit. 0 based on my TransUnion credit. TransUnion 30%. Message 2 of 8. Why is my Experian score 100 points higher than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. And even though the credit bureaus may have the same information, each bureau has proprietary algorithms that might score you differently. I thought 900 was a hypothetical score, like someone bowling 300. Why is Equifax always lower than TransUnion?. 0 scores. That’s because the lender may be using a FICO score based on data from a different credit bureau. This means that your credit score may differ even with the same credit history. Credit mix: 10%. We would like to show you a description here but the site won’t allow us. Consumers. Helpfully, and perhaps defensively (if it does report lower scores than the other bureaus), Experian has an explainer article. TransUnion TransUnion ranges from a low of 300 to a high of 850. TransUnion vs. For auto and personal loans, banks usually ask only one of the three big credit-reporting firms — Equifax, TransUnion or Experian — for a score, Bingham said. That applied to both individuals and family plans. I haven't yet gotten a FICO on my EX report, but I know my EX report has a ton of other accounts on it and all my HPs from the last 24 months. On Credit Karma, my score are 797 and 806 for. This is why it’s. FICO scores are generally calculated using five categories of information. This is because your total available credit is lowered when you close a line of credit, which could result in a higher credit utilization ratio. The most common scores range from 300 points to 850 points. Equifax 834, Transunion 900. That's funny. A creditor could be reporting your payments to just one or two of them, instead of all three. Similarly to. TU (900) still has me as a student. It’s impossible to say which credit reporting agency, TransUnion, Experian, or Equifax, is more accurate since all three agencies use similar methods to collect and report credit information, but may differ in their scoring models and data sources. 1 Credit Report with credit score costs Rs. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. Experian is one of the three major credit bureaus, along with Equifax and TransUnion. Would love to know the - 1303709And FICO says scores between 670 and 739 qualify as good scores. I work at a credit union and can tell you we only report to Equifax and Experian. . The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. JUST NOW I ran my credit reports from all three agencies -- Experian, Equifax, Transunion. This means that Equifax, Experian, and TransUnion don’t have access to exactly the same data, which accounts for the difference in credit scores. These are things like lates and collections and. Use? , 90% of system design is similar few numbers in life accuracy or completeness of Equifax in the United one credit report. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. Credit bureaus such as Equifax and TransUnion actually produce many different scores. company, sells its score to both Equifax and TransUnion. 0 scores from TransUnion and Equifax. “Late” generally means at least 30 days after the due date. Credit Score Range. 95 per month to $19. FICO scores are generally calculated using five categories of information. One place to look is derogs. New credit: 10%. I have 755 with Transunion, and 646 with Equifax. Why is my Equifax score lower than Transunion? That’s like almost 100 point difference between Transunion and Equifax! The difference between my personal Transunion and Equifax credit scores. Experian Credit Reporting and TransUnion Credit Reporting are very close in quality and have the same overall rating. Both range from 300 to 900, which is the credit score range in Canada. Equifax vs. They use their own model now as per verbiage: "The Equifax ® Credit Score and 3-Bureau credit scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. ”Earlier this year, pharmacy technician Curtis Webb thought his credit score was high enough to help him snag good terms on a mortgage. It's important to know that you have more than one credit report. I signed up for experians free credit report which includes your actual FICO score - I really wanted to know this number as I've read that Chase uses Experian scores for ecredit consideration and I was recently rejected for a Chase Saphire card. Equifax: why are my credit scores different? Your scores might be different on your Equifax and TransUnion credit reports. Good habits, such as making payments on-time and using less of your available credit, among others, can help you improve your credit health over time. The Equifax credit score model uses a numerical range between 280 and 850, and FICO score models use a range between 300 and 850. The whole credit industry is weird. wrote: wrote: I'm in the same boat. 8/5 (74 votes) . 5/5 (35 votes) . A credit score discrepancy is a difference in your credit score from one credit bureau to another. The higher a score is on this scale, the better indication that the consumer poses a lower risk to creditors. The middle one was Transunion FICO 4 at 762, so I am getting the best rates. It can certainly explain why your EX score is very different than the others. We all collect similar information, and. Score: 4. . And a lender may report updates to different bureaus at different times. Q: I just checked my credit score and my TransUnion score is 20 points lower than the others. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. But at my credit union, I have access to two different score models. There are also third-party credit monitoring services, such as MyFICO, Identity Guard, and LifeLock. I have 596 Exp and 670 with the other 2. Re: Why did Equifax Credit Score Drop 9 Points For No Reason/TransUnion Stayed stable. If it makes you feel better, most lenders don't even check them. It’s also important to note that credit scores are only sometimes 100% accurate and can vary. A 700 score places you right in the middle of the good range, but still slightly below the average credit score of 711. 0 Kudos. Some people want to achieve a score of 850, the highest credit score possible.