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I have heard of differences between credit scores depending on the formula used. But what should I do when the difference from one bureau is 50-60 points less than the other two bureaus?

Long and short of it: I was trying to refinance my car today, as my credit score has greatly improved since I originally purchased the car. I monitor my Expiring credit score and pull a report monthly. Today I was working with my lender through e-mail, and when my lender ran a credit check, it came up as the upper 650s! I was surprised so I then pulled up Trans Union’s report which is sitting at the 710-719 range, the same range as my Expiring report.

I then decided to pull Equifax, and looking over the Equifax report, I can’t come up with any inaccuracies, but I am questioning the validity of the score since it is so much lower than the rest. I passed on all three reports to my credit union to show them the difference and they agree it is very odd.

What should I do to remedy the situation? As a consumer, is there anything I can do?

It is very frustrating to be working so hard being responsible with credit and monitoring my credit so that I build myself a successful financial future and to see such a large discrepancy!

2 Thoughts on Why would a credit bureau’s score differ 50-60 points from the other bureaus?
  1. Reply
    Marlena R
    June 20, 2011 at 11:45 am

    I would contact Equifax for answers. Just know that not all lenders report everything to all three credit bureaus.

  2. Reply
    June 20, 2011 at 12:21 pm

    Did the different reports include all of the same accounts and inquiries? I noticed my transunuion score is higher than my Experian, but TranUnion did not have any records of credit inquiries while Experian did, and so this brought my Experian score down.

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