There’s a difference in algorithms between TransUnion vs. Message 2 of 8. Why is my Equifax score much lower than TransUnion? The credit bureaus may have different information. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. Here are the services that. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. 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. Above 800 = Exceptional. Other factors used in determining. 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. 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. Also, back in the FICO 04 days, the algorithms were customized for each CRA. 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). Why Is My Equifax Score Lower Than TransUnion? The lower Equifax number is a common concern for many people. For example, your Experian credit score. 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. Unlike with FICO where a good credit score is 670, VantageScore requires between 720 and 780. My Equifax is more than 100 points lower than my TU score. TransUnion scores better than Equifax across: Plans and Pricing, Report Details and Frequency, Credit Bureau & Credit Scores, and Monitoring and Extra Features. Credit Karma uses a different scoring system than the one mortgage lenders use. 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. 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. Score: 4. Equifax's different credit scoring model results in lower scores. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. Here’s why. Yes. 0 and 2. TransUnion offers more insight into a person’s job history, whereas Equifax provides more information about mortgage history. Here's a few thoughts: You are basically wondering why your EX score is a lot lower than EQ or TU. Whether it's a 9 point drop or a 90 point drop shouldn't cause you to lose any sleep. If your credit score dropped unexpectedly, there is a reason why and your credit reports will reveal the reason. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the. One of the scoring models that TransUnion uses to calculate credit scores is VantageScore® 3. This month I've had two statements reported on Feb. These factors are likely to yield different credit scores, even if your credit reports are identical across the. Equifax 834, Transunion 900. Maybe some small difference, like if you get a hard pull, it may only be on one but not the other. The scores we provide are actual credit. Here are five main factors that affect your credit scores: Payment history, or whether you pay your credit accounts on time, makes up about 35% of the typical credit score. 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. 10% types of accounts, known as credit mix. Equifax uses the Equifax Risk Score, while TransUnion uses the CreditVision Scoring model. But if you find a significant difference, it’s worth investigating. Message 3 of 6. 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. FICO credit scores, the industry standard for sizing up credit risk, range from 300 to a perfect 850—with 670 to 739 labeled “good,” 740-799 “very good” and 800 to 850 “exceptional. Mostly just confused why the transunion would have gone down regardless of the model used. Score: 4. JUST NOW I ran my credit reports from all three agencies -- Experian, Equifax, Transunion. ”Earlier this year, pharmacy technician Curtis Webb thought his credit score was high enough to help him snag good terms on a mortgage. 740-799 = Very Good. It provides two scores, one based on credit bureau data from Equifax and the other based on data from TransUnion. The lower the number, the lower the individual’s credit rating. The credit scores and reports you see on Credit Karma should accurately reflect your credit information as reported by those bureaus. Certain things are plus or minus out of 800 this is your score. . This is why your credit score is so important, not only for credit approval but also for things like your credit limit and the terms of the loan. Yes we display your Equifax credit score. Just remember that none of your free credit reports include your credit score. The other two only report the name of your employer and do not add any weight to that fact. When a lender runs your credit, they’ll usually see your three FICO. Why is my Credit Karma score higher than my actual score? 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. TU (900) still has me as a student. Over the past couple of months, I have watched both my Experian and Equifax scores shoot up significantly, and yet my Transunion score has only gained a small few points, and actually dropped, even more. Higher credit scores generally result in more favorable credit terms. 6/5 ( 59 votes ) If you file a dispute regarding information on your Equifax credit report, you can generally expect to receive the results of the investigation within 30 days. Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. If your credit file is different with each credit bureau, then your credit score might be different as well. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. 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. The information is compiled into a credit file. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. I have 596 Exp and 670 with the other 2. Meanwhile, VantageScore 3. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. Key Takeaways. . Credit Score Range. The credit bureaus may not have the exact same information on you. . VantageScore was created in collaboration with all three credit bureaus, and VantageScore 3. FICO, which is a U. My CreditWise score as of 9/12 is. 9. Equifax®: Which Score Matters More? Victoria Araj 6-Minute Read UPDATED: October 30, 2023 The look of your credit score can be. That being said, if any credit score (even an. 1/5 (66 votes) . The most common scores range from 300 points to 850 points. The above actions will provide the necessary details needed by TransUnion to recalculate your score using your new address details. 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. I will update these charts on a monthly basis and make notes of any. Since then TU has been the laggard of the three most of the time. ”. Generally, the credit bureaus collect information from different sources and have their own scoring model. Below are the reasons mentioned for Equifax:What is the difference between Experian and Equifax and which one might be better for you? Read more to find out. FICO is the most well-known and widely used scoring model, as 90% of major lenders rely on those scores when evaluating applicants. Why is my FICO score so much lower than my TransUnion and Equifax? 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. wrote: Why is my Experian score 74 points lower than my TU and Equifax scores? It reports the same stuff as the other 2. 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. One place to look is derogs. The other two only report the name of your employer and do not add any weight to that fact. There are many reasons why the numbers between Equifax and Transunion may differ so much. This may be a silly question but how come my Experian score is so much more different than my Equifax and Transunion scores? I get that they vary a little depending on the credit reporting company but my Experian score is drastically lower than the other two and I'm not sure why. This won’t show up on your Experian or Equifax records. Conversely consumers with lower FICO scores at bureau "A" will likely get low FICO Scores at the other two bureaus when the underlying data is the same across the bureaus. Why is my Credit Karma Score much lower than FICO Score? I signed up for that $1 promotional 3 Bureaus report from an Experian company. TransUnion TransUnion ranges from a low of 300 to a high of 850. . The Bottom Line. Good: 670 to 739. 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. Hello - I'm using CreditKarma to monitor my credit, for over a month now my credit scores have differed by nearly 100 points. Banks, credit card companies and other lenders would be reluctant to approve credit to individuals with a low score as they are nervous about the potential for repeated defaults on payments. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. 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 one of the least forgiving bureaus because much more weight is assigned to your payment history and the average age of your credit accounts. 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. Experian always seems to be my middle score while Equifax brings up the rear. Some people want to achieve a score of 850, the highest credit score possible. 0 scoring model. Why is my Equifax score so low? Your Equifax score is lower than the other credit scores because there is a slight difference in what is reported to each credit agency and each one uses a slightly different method to score your data. But at my credit union, I have access to two different score models. Both range from 300 to 900, which is the credit score range in Canada. Score: 4. An "official" credit report is the one that a lender pulls direct from equifax or transunion. On the other hand, TransUnion’s CreditVision Risk Score looks at data over the past 24 months. com. "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). I'm at 705 TransUnion, but I'm at 588 on Equifax. 45. Here’s the short answer: The credit scores and reports you see on Credit Karma come directly from TransUnion and Equifax, two of the three major consumer credit bureaus. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. Fair: 580 to 669. Equifax comparison, both rely on some of. Your Experian, Equifax and TransUnion credit reports should be fairly similiar. Also it is at least possible that this is simply a question of the different scoring algorithms computing a different score. com. 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. Why 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 reports. The other two only report the name of your employer and do not add any weight to that fact. Since then TU has been the laggard of the three most of the time. Valued Member. 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. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. TransUnion’s credit monitoring services cost $24. TransUnion and Equifax calculate credit scores differently. 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. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. My VantageScore number is 41 points lower than my FICO score -- still lower, but a less drastic difference than what Brian saw. It is normal for there to be a difference among your scores because of what goes in to calculating them, and it is normal for your Equifax and Transunion scores to be more similar than Experian because Experian FICO 2 is the 1998 version while both Transunion FICO 4 and Equifax FICO 5 are the 2004 version. If you have any credit accounts, such as credit cards or loans, you have a credit report. The latter recognizes that I have a $27 delinquency, whereas Transunion says my credit report is clean. A FICO score of 650 is considered fair—better than poor, but less than good. 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. TransUnion is bringing up the rear among the three. The only discrepancies that I see from my creditkarma report is transunion reports 3 inquiries (3 credit cards) while Equifax reports 1 (just my verizon wireless--soft pull I presume) and on transunion the only thing that is not showing up is a recent payment that I made on my Bank of America card that brought my utilization on that card from 99% (I. Score: 4. 0 and 4. Equifax: 711. It's just a list of your current outstanding loans, and if you're in good standing with them. Great chance you are comparing a score from Credit Karma with a range of 501-990 versus the score your bank is using. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information. But Canadian consumers cannot access their. It's a good idea to take advantage of this every year, to check that everything is accurate and. Q: I just checked my credit score and my TransUnion score is 20 points lower than the others. Transunion Vs. Your Equifax score can be lower than your TransUnion score for a variety of reasons. Why is my TransUnion score lower than my Equifax? The credit bureaus may have different information. I called Equifax to find out why they were vending a different credit score to the lender than to me. Each company has its own method of collecting financial information. first time posting on here! I have pulled my credit reports from TU (743) and EQ (721) and having a WalMart CC have also pulled my FICO score there (684). So I subscribe to both Equifax and Experian and have two completely different credit reports and now, ratings, for both. . It’s possible you have some pulling your score down on TransUnion that’s not showing up in your Equifax report. 300 to 579 (poor credit): Most lenders will reject applications from borrowers with a score in this range. FICO. The other two only report the name of your employer and do not add any weight to that fact. Help spot potential signs of ID theft with 3-bureau credit file monitoring; Control access to your Equifax credit report, with certain exceptions, with the freedom to lock and unlock it; Uncover potential threats to your identity with dark web scanning and alerts Go to TransUnion’s site and submit a new dispute. Very good: 740 to 799. Based on our analysis, Experian provides the best service for the money. Each is collecting the same information about your credit history, but it's not uncommon for there to be slight variations among the different reports. You Might Have Scores From Different Dates. 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. Comparing TransUnion vs. I just applied for a new car loan, and - despite my published Equifax score of 780 - was surprised to be offered a rate lower than the rate reserved for "excellent" credit. Re: Why is Experian so much higher? @C-XRS2005 wrote: only the one was from there, the other were from myfico. 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. Sponsored. Experian: 715Score: 4. 1. 3/5 ( 60 votes ) 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. 0 is an Equifax credit score model used by many lenders and institutions when making real-world lending decisions. Therefore, there are other reasons why the numbers. But one of the above comments is right. Provided your lenders report your payment history to the three nationwide consumer reporting agencies, a secured credit card can be a powerful tool for building and improving credit. On Credit Karma you’ll see scores and reports from TransUnion and Equifax, both using the VantageScore 3. Although ranges vary. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. The Equifax is not a FICO score. The FICO scores are MUCH LOWER than the actual Equifax and TU scores. Why is my Experian score 100 points lower than TransUnion and Equifax? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. When lenders review your credit report for the purpose of an application, a “hard inquiry” is placed on the credit report they checked. But remmember too that those scores are only about 7% apart. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score differing from your Equifax. Why is my Equifax score lower than Experian? This is due to a. These factors are likely to. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. Experian is 601 and Equifax is around 689. These factors are likely to yield different credit scores, even if your credit reports are identical across the. When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. These are all Fico score 8 scores which uses a 300-850 scale. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit bureaus—which is also. My Experian is looking pretty tidy. 0 and 4. For more information please visit us at and book an appointment today. The Equifax credit score model falls on a credit rating scale that starts at 280 and ends at 850. Like, TransUnion and Equifax both get told about all your credit lines and debts, so they should both have all that data. The lower Equifax number is a common concern for many people. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Generally, anything over 556 is an acceptable credit score. There are two plans available: eCredable Lift for $24. First, the Experian scoring model may differ from the ones used by TransUnion and Equifax. My scores are 850, 850 and 840 for Experian, Equifax and TransUnion, respectively. These companies compile information about your credit into reports that are used to generate your credit scores. . A good score with TransUnion and VantageScore® 3. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. Final Verdict. That applied to both individuals and family plans. 0 scores from TransUnion and Equifax. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. It was a Verizon account paid in a BK that was d/c 4/4/17. All consumers are entitled to one free. 0 model includes additional factors such as rent history and a ‘trended’ credit. 5/5 (35 votes) . The only difference is that I have a single collections account reporting which is bogus. TransUnion is bringing up the rear among the three. TransUnion: Credit Rating. 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. First, lenders often perform what’s known as a credit check or a hard inquiry to review your credit reports and determine if you’re a suitable candidate for a loan. It could be because of a high reported balance on a credit card account, a new application for credit, or a sign of identity theft. My Transunion score is in the tank though at around 567. 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. Like all credit-reporting agencies, TransUnion and Equifax use. 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. The point of this. 15% length of credit history. Credit bureaus are companies that collect consumer credit information. The other uses VantageScore 3. 0. If all is well, each agency should have all of your information identically. I have since received a letter from Amex mentioning specifically my TransUnion credit report, so I created an account on TU to see my full report as well as download Credit Karma to check my TU score (as its apparently. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. The key thing to understand is the difference between a credit bureau and a scoring model. Cost of the Report. 580-669: Fair. Data Collected. Small-balance collection accounts matter less. The other two only report the name of your employer and do not add any weight to that fact. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. You can find the contact information under the account details section of your credit report. Help spot potential signs of ID theft with 3-bureau credit file monitoring; Control access to your Equifax credit report, with certain exceptions, with the freedom to lock and unlock it; Uncover potential threats to your identity with dark web scanning and alertsGo to TransUnion’s site and submit a new dispute. Equifax is reporting nearly 100 points lower, actually updated today I see it dropped another 22 points because I. 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. For example, the number of accounts you have or your payment history may be scaled differently depending on the agency. You’ll be able to attach supporting documents to your dispute if you submit it directly with TransUnion. Credit mix: 10%. In a Nutshell. Credit Karma isn’t a credit bureau, which means we don’t determine your credit scores. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. The whole credit industry is weird. But I have not had any alerts or changes since January 20 on Equifax at all. It also impacts your cost of borrowing. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 – 739 and higher. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. All you need is to follow the steps below: Login to your CIBC account on the mobile app. We are Indianapolis’s only Licensed, Bonded & Insured full service credit consulting company, InCreditable Advisors, give us a call today and let us help you improve your credit at 317-202-1297 to schedule your appointment today. Yes, equifax and transunion from credit karma so vantage score 3. These are things like lates and collections and. The other two only report the name of your employer and do not add any weight to that fact. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. A “good” score may rest in the 661 – 720 range. " On the next page, click on the "Reports Only" tab. Borrowell pulls data from Equifax and CreditKarma pulls data from TransUnion. A failure risk score will range from 1001-1,610, with a lower number meaning that the business is a high risk. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted . The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. It could be because of a high reported balance on a credit card account, a new application for credit, or a sign of identity theft. Since the information on your credit reports at each bureau can differ, your Equifax credit score and FICO score can differ depending on which credit report is used to calculate the score. 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. Below are three VantageScore 3. Balance changes, lower utilization, score increase, etc. 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. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. A credit score discrepancy is a difference in your credit score from one credit bureau to another. If it makes you feel better, most lenders don't even check them. wrote: I'm in the same boat. Financial Topics Life Stages TransUnion vs Equifax: How They Differ By Jacqueline DeMarco · June 06, 2023 · 6 minute read We’re here to help! First and. A higher score means lower risk and vice versa. FICO scores are general purpose credit scores developed. FICO® Score 8 is a little more forgiving of a one-time late payment than previous versions. Additionally, if the account you closed was your oldest line of credit, it could negatively impact. VantageScores below 600 are considered “subprime. Equifax. It shows my Transunion score from 4 months ago -February 2015 (score=715) and my Equifax score (NO SCORE) as of 1 - 4072030. Another invisible difference between these agencies is the data collected. Fiance's scores are 770 and 760 for Equifax and TransUnion respectively. I have 596 Exp and 670 with the other 2. 0 range from 501 to 990. 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. Financial Smarts Transunion vs Equifax TransUnion® Vs. 0 scores. Your VantageScore® 3. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. Along with educational articles, it offers several loan and mortgage calculators. Hard inquiries help your lenders track how frequently you have applied for credit and can cause. These are things like lates and collections and. In both cases, higher. The other two only report the name of your employer and do not add any weight to that fact. TransUnion offers a similar product to Experian Boost. Delinquencies reported on a loan reported on one credit report, but not the others, is the most common reason why you'll see wide. . And only recently did we start reporting to Experian. According to the company, FICO® scores are used today by 90% of top lenders to make lending decisions. . To get your updated score, simply access ‘My Profile’, click ‘Credit Score’, click ‘Get your score’, click ‘See your credit score’ and that is you opted back into the feature. This means that your credit score may differ even with the same credit history. From a BK years ago to: EX - 3/11 pulled by lender- 835, EQ -. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. 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. This is why your score can be so different with each one. in 2020 TU was ~40 lower than my EQ and ~30 lower than my EX. There are a number of reasons for this. At first, VantageScore credit scores featured a different numerical scale (501 to 990). Why is my Equifax score lower than Experian? 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: Credit Rating. They’ll likely be slightly different, and it’s possible they could be very different. TransUnion uses the VantageScore ® credit scoring model to calculate your credit score. If you have had missed payments on this loan, then you will find your TransUnion score is a lot lower than your Experian or Equifax score. 5 reasons your FICO score may be lower than your credit score. Why is Equifax lower than TransUnion? Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. 590 on Experian, 651 on Transunion, exact same information for both. 670-739 = Good. In fact, 90% of lenders check FICO Scores rather than any other types of credit scores, though VantageScore is rapidly gaining popularity. Your score differs. You have different credit scores, so your other credit score might be higher, or lower, than the TransUnion score you see on Credit. Got the credit report back in mail and it seems equifax beacon 5 (FICO score 5) came out like 30 points lower than Experian (FICO 2) and Transunion (FICO 4). Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. Your student loans might affect your credit scores in several different ways. If your credit score dropped unexpectedly, there is a reason why and your credit reports will reveal the reason. ERS 2. If you discover that an impostor is using your identity, don’t panic. Equifax. FICO scores range from 300 to 850, while the industry-specified standards can range anywhere from 250 to 900. Here’s why your FICO® Score 9 credit scores could be different. Mostly just confused why the transunion would have gone down regardless of the model used. Helpfully, and perhaps defensively (if it does report lower scores than the other bureaus), Experian has an explainer article. Your credit card balance is higher than usual. A slight drop in your score may not be cause for worry, especially if you're consistently practicing good credit health habits . 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.