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Credit Bureau Discrepancies

 
 
Billiam
 
Reply Fri 9 Dec, 2005 11:12 am
I am familiar with how the 3 bureau scoring and rating systems differ.

However, I took out the 3 report and score plan with TrueCredit. But, I still have individual monthly service with the other two bureaus, other than TransUnion who is True Credit's source.


My problem is that the other scores differ on Equifax and Experian, than the 3 bureau report TrueCredit/TransUnion is reporting. To be clear, my score on True Credit for instance for Equifax is one thing but with Equifax itself it's another.

I don't feel TrueCredit is accurate except for their own TransUnion score. The reports are fine not the scores and they don't match the original bureau's.
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roverroad
 
  1  
Reply Sun 11 Dec, 2005 02:19 pm
Re: Credit Bureau Discrepancies
It's because each bureau had different information on you. Some creditors only report information to one or two Bureaus. There is also a time delay. This is what my bank has to say about it:

Why do different sources show different FICO scores?
Your FICO credit score provided on this website is as of a certain date (usually for the preceding month) as indicated with the score. If you purchase a credit report product from a credit bureau with a FICO credit score, that score will most likely be different because it is based on your current credit information.

It is also important to note that your score may be different at each of the three main credit reporting agencies. The FICO score from each credit reporting agency considers only the data in your credit report at that agency. If your current scores from the three credit reporting agencies are different, it's probably because the information those agencies have on you differs. If you have a question about your FICO credit score or the items in your credit report, please contact TransUnion at www.transunioncs.com.
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