experian,trans union and another one.

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1 Thought on what are main causes that make the 3 bureaus’s credit score different?
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    ∞infiniti∞
    October 31, 2011 at 6:43 am

    The credit bureaus are run by their subscribers, your creditors. Not all creditors subscribe to all 3 credit bureaus. The credit bureaus are independent of each other. They don’t share information.

    Also, each credit bureau has a slightly different scoring model when calculating credit scores. The current FICO credit score is considered 300 to 850, each credit reporting agency uses a slightly different scale. All are based on the FICO credit score system, which was developed by Fair Isaac & Company, Inc.

    TransUnion calls its score Empirica,
    Equifax used the name Beacon (now NextGen), and
    Experian calls its system Experian/FICO.

    Recently, a new credit scoring system, called VantageScore, has been developed jointly by Equifax, Experian and TransUnion.

    The original FICO Score ranges from 300-850
    Equifax…. ranges from 300-850
    Experian/FICO.. ranges from 330-830
    TransUnion/Empirica.. ranges from 150-934
    VantageScore… ranges from 500-990

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