1 You can also receive free Equifax credit reports with a myEquifax account. The higher the number, the. Advanced and Premier services the most accurate for credit score updates. Is TransUnion or Equifax More Accurate? Both Equifax and TransUnion are well-established, reputable credit bureaus that provide accurate and reliable information to lenders and consumers alike. 5 million fine from the Federal Trade Commission in 2000. How to Contact Equifax . P. VantageScore Solutions, an independently managed firm created by TransUnion, Experian and Equifax in 2006, just released the fourth version of its credit scoring model — VantageScore 4. Information in your credit reports is typically provided to the three nationwide consumer reporting agencies (CRAs) — Equifax, TransUnion and Experian — by. Which is why it differs so much from Experian. You’ll notice that VantageScore and FICO have similar scoring models but weight the scoring factors differently: Payment history: 40%. Credit bureaus are different from credit-scoring companies, such as VantageScore® and FICO®. If you don't want to monitor your credit score yourself. By using Credit Karma to monitor your VantageScore 3. Mail the form with your letter to: Experian. The "Most" accurate is a MyFico account, which will give you all the FICO scores used for various decisions (Fico 8 is really only used for credit card/non-home loan decisions). But for the last two months, I’ve been checking the Equifax and TransUnion apps as well, and they score me at 719 and 721. Your Equifax credit score is more likely to appear lower than your TransUnion one because of the reporting differences, but a “fair” score from TransUnion is typically “fair” across the board. It should really a be a right to have free credit score access all year around (not just once a year for all 3) Considering Transunion and Equifax are extremely wealthy, they should be providing their scores for free like Experian. Online reports are compatible with screen readers. Equifax is one of the two main Canadian credit bureaus, along with TransUnion. As the company has continued to grow the scores have become more and more trustworthy. Equifax, Experian and TransUnion are the three main consumer credit bureaus. All credit-scoring agencies, including TransUnion and Equifax, use proprietary scoring models, and despite the fact that credit scores are based on similar or the same factors, such as payment history and the number of accounts in good standing, each model can weigh some of these factors in a different way. 550. One issue is that most lenders utilize the FICO model and Credit Karma uses the VantageScore Model which means that the scoring system is different from most lenders. It is a useful tool for monitoring credit before major. Understanding credit score ranges. Creating a scoring model that can make accurate predictions is difficult. Vantage 3. At first, VantageScore credit scores featured a different numerical scale (501 to 990). Some financial advisors suggest staggering your requests over a 12-month period to help keep an eye on your reports and make sure they have accurate information. 118 and 1 credit report with credit score costs Rs. 0 credit scores from Equifax and TransUnion over time, you can have an easy point of reference to gauge your overall credit health. more than 200 million americans are in experian, equifax, and transunion credit reporting system. Credit Reports for the Vision Impaired. Have a copy of your TransUnion credit report handy before calling this number; the representative will need the file number. , it’s not necessarily more accurate than the other credit bureaus. Currently, no one credit bureau is considered to be more accurate than the other. Whereas, TransUnion scores better on Plans and Pricing, and Monitoring and. Some people want to achieve a score of 850, the highest credit score possible. Poor credit: 600. TransUnion and Equifax may differ with the information they present, one may favor certain lenders more than the other, however, it is important to remember that the information provided by both TransUnion and Equifax is considered to be. In fact, the company operates in 24 countries globally. The company also markets its businesses credit reports, analytics, demographic data, credit fraud, identity theft prevention products, and software. call 1-877-322-8228, or. Equifax vs. are not based on VantageScore credit scores," the decree said. Hard to explain, although TransUnion remembers some quite old accounts (10+ years) whereas Equifax doesn't. Therefore, there are other reasons why the numbers. It is also very popular. Is TransUnion or Equifax more accurate? When it comes to credit reporting agencies, both TransUnion and Equifax are widely recognized and used by lenders, employers, and landlords to evaluate applicants’ creditworthiness. 2 stars: $20 per month billed annually or $17 per month billed monthly: Up to $2 million ($1 million per adult) Equifax, TransUnion, Experian: ID. with TransUnion. TransUnion Canada. Different Information Provided to Each Bureau. The Fair and Accurate Credit Transactions Act (FACTA), which is an amendment to the Fair Credit Reporting Act (FCRA), gives you the right to access a credit report from Equifax, TransUnion and. You can find the contact information under the account details section of your credit report. The three national credit reporting agencies—TransUnion, Experian and Equifax—are required by federal law to provide you with a free annual credit report. Is your FICO score more accurate than using credit karma ( transunion: 653 equifax: 659 FICO: 705) Also credit karma says I have only 3 months of credit history (since my other accounts are closed) but on the FICO score it says 4 years which is accurate Or are none of these that accurateEquifax Complete™ Premier. Simply put, there is no “more accurate” score when it comes down to receiving your score from the major credit bureaus. TransUnion is bringing up the rear among the three. Credit Karma: Which is more accurate for your credit score? You may be surprised to know that the simple answer is that both are accurate. TransUnion gathers information on over 1 billion consumers in over 30 countries across the globe. Of the three credit reporting agencies – TransUnion, Experian and Equifax – TransUnion racked up the most complaints. The information is accurate, sourced from Equifax and TransUnion. The FICO Score ranges from a low of 300 to a high of 850. S. Potential employers must get your written permission before accessing your credit reports. The Fair Credit Reporting Act requires the CFPB to submit an annual report about complaints submitted by consumers regarding the nationwide consumer reporting companies: Equifax, Experian, and TransUnion. S. , TransUnion and Equifax are widely considered to be just as accurate and important. A credit report is a summary of your credit history, including the types of credit accounts you’ve had, your payment history and certain other information such as your credit limits. Your Equifax credit score is more likely to appear lower than your TransUnion one because of the reporting differences, but a “fair” score from TransUnion is typically “fair. consumers' FICO ® Scores are higher than 650. You will need to provide copies of two pieces of acceptable identification, such as a driver's licence or passport. Spot identity theft early. Equifax Inc currently has a 1. Which credit score is most accurate? Although Experian is the largest credit bureau in the U. When a borrower fails to make payments on a debt for several months, the lender may decide to charge off the debt and may close the account. Equifax is generally considered the most accurate, because it uses what’s called a “true credit reporting model. Lenders and creditors report information on a periodic basis; therefore, the balances shown on your Equifax credit report may not reflect your most recent activity. S. A credit report is a summary of your credit history, including the types of credit accounts you’ve had, your payment history and certain other information such as your credit limits. 9B in revenue. What's more, your score of 660 is very close to the Good credit score range of 670-739. Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. The five main components of an Equifax credit report are personal information, credit accounts, inquiry information, bankruptcies and collections accounts. Is TransUnion credit score accurate? Many consumers are more familiar with FICO scores, as VantageScore is a more recent. You can get free Equifax credit reports at annualcreditreport. O. The accuracy of credit reports varies based on which. Their breakdown of credit factors is: Payment history (40%) Credit utilization (20%) Credit. The Federal Trade Commission (FTC) and the Consumer Financial Protection. Equifax classifies a good credit score as 660 or higher, while TransUnion classifies a good credit score as 650 or higher. It's possible that a lender may gravitate toward one score over another, but that doesn't necessarily mean that score is better. If you have a 100-point difference between your TransUnion and Equifax credit scores, you might be wondering which is more accurate. FACTA was passed in 2003 as an amendment to the Fair Credit Reporting Act. Review your credit reports. By comparing the different reports from each agency, you can make a more informed decision. That said, both TransUnion and Equifax have their own. Final Verdict. 1-Bureau credit report and VantageScore credit score. Learn more below about what a charge-off is and how it may impact your. 1. Which is more important Experian Equifax or. 18. Equifax. This means that the Equifax credit score may differ slightly from the FICO score, as it is based on a more limited data set. The Experian App is very accurate, at least for seeing what your true score is for most lending decisions. Their behavior is governed by the FCRA. Equifax confirmed the blunder on Tuesday, saying in a statement that the errors were caused by a computer coding issue that has since been corrected. “Founded by Experian, Equifax, and TransUnion in 2006, our mission is to use data analytics to drive innovation and inclusion—giving consumers more credit access, and helping lenders make. Depth of credit: 21%. Alerts to key credit report changes to help spot potential identity theft. Summary: It's common for your credit scores to differ from one credit bureau to the next. A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. 300-900. There are four main ways to get your credit score: Check your credit or loan statements. S. Since the information on your credit reports at each bureau can differ, your Equifax credit. Definition and Examples of the Fair and Accurate Transactions Act. Atlanta, GA 30348. Currently, TransUnion does not have a price-earnings ratio. 95 monthly fee credit monitoring service paywall. Both TransUnion and Equifax use the latest Vantage 3. Chase Credit Journey uses VantageScore 3. com. Equifax. The most accurate credit scores are the latest versions of the FICO. Here is the main phone number for each of the three major credit bureaus. VantageScore was founded in 2006 by Equifax, Experian 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. The three major credit bureaus Equifax®, TransUnion®, and Experian® own VantageScore, and it was created in 2006 to give more people access to a credit score. $19. Equifax has since come under scrutiny for violating the FCRA. Experian PLUS score: 330–830. Up to $50,000 in identity theft insurance (exclusions apply for Quebec residents) Access to identity restoration specialists if fraud/theft occurs. So is Credit Karma going to give you an accurate credit score? They should be pretty close. The CFPB has taken action against TransUnion four times in the last seven years. Transunion vs Equifax: Which is More Accurate? When comparing the accuracy of credit bureaus, neither one is more accurate than the other. S. . While not a credit bureau, Credit Karma allows users to track their progress, set up alerts for credit changes, and prevent identity theft. The CFPB ordered TransUnion and Equifax to truthfully represent the value of the credit scores they provide and the cost of obtaining those credit scores and other services. TransUnion could focus more on educational resources for consumers looking to improve their credit scores. Consumers With Changes to Medical Collection Debt Reporting (Mar. Discover your credit potential with powerful tools like CreditCompass TM. Creditors don’t have to report to any of the credit bureaus, and they certainly aren’t required to report to all of them. Whichever credit agency from which your lender chooses to source information will be the accurate choice for that particular lender. 0 credit scores from TransUnion and Equifax. 2. There isn’t one “more accurate” report. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. Which credit score is more accurate Experian or TransUnion? Experian's free credit score is the FICO Score 8, the score most lenders use. If a collection shows up on Experian, but not the other two bureaus, you Experian credit score will be lower than your TransUnion and Equifax scores. A good score with TransUnion and VantageScore® 3. Keep in mind, though, that your score’s accuracy is affected by whether your credit report is correct. Because TransUnion serves as a bureau for lenders and debt collectors, it tends to include more accurate and up-to-date information. FICO is a separate product issued by a separate company. Those are TransUnion, Equifax and Experian. Checking your credit score is considered to be a “soft inquiry. TransUnion just dropped 20ish points while Equifax got 3 points higher. If you see medical debt on your TransUnion credit report you think is the responsibility of the VA, go online to start a dispute. Although Experian is the largest credit bureau in the U. Equifax Credit Information Services, Inc. Three major credit reporting agencies collect your financial information and compile it into a report — TransUnion, Equifax and Experian. Most people identify Equifax as a consumer credit bureau but are less familiar with our marketing services capabilities. The Bottom Line. 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. While all three are significant, Equifax and TransUnion are often highlighted as the 2 major credit bureaus due to the frequency with which consumers compare their scores from these two. 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. 6 Their services allow you to monitor your VantageScore credit score but not your FICO score. It also provides links to downloadable forms. Cost of the Report. Is TransUnion more accurate than Equifax? Equifax: Which is most accurate? No credit score from any one of the credit bureaus is more valuable or more accurate than another. 0. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. Check your credit scores and reports from each bureau annually to ensure all the. Sponsored. No one agency is more accurate than the other. For a fraud alert, you only need to contact one bureau and that bureau will notify the other two. Blog. When you apply for a loan, request an increase on your credit limit or even apply for a new job, your credit report will likely come into play. 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. 3/5:. By using the correct terminology and capitalization when discussing credit reports and scores, you can ensure. 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 more. 45. This is similar to Equifax, and you will get detailed information on your credit report and score. 0, which is used far less often. Experian’s free credit score is the FICO Score 8, the score most lenders use. Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our. TransUnion will put more weight on your employment history. S. TransUnion differs in credit history length. Therefore, there are other reasons why the numbers. 0/4. Since the number of hard inquiries is a factor in calculating your Credit Score, this could. In both cases, higher. 2 million in fines and restitution for deceiving consumers about the. It is important to check a reputable, accurate credit score because there are more than 1,000 different types of credit scores floating around. So, that's at. P. 5 million to the CFPB. Figures, Equifax offers free reports with score right now, it doesn't automatically refresh, you have to manually do it yourself. Equifax uses a credit score range of 280-850. According to the agency, it received more than 700,000 such complaints regarding Equifax. The most accurate credit bureaus. Equifax Equifax scores range from 280 to 850. It’s possible that a lender may gravitate toward one score over another, but that doesn’t necessarily mean that score is better. More Details > More Details > OVERALL RATINGS Equifax TransUnion; Plans and Pricing: 4. The resulting scores and your credit file are used to determine your risk factor for future loans. Is TransUnion more important than Equifax? The short answer is no. Like Equifax and TransUnion, Experian collects data from a person’s credit history to make an accurate credit report. They argue that their policies targeted unmeritorious complaints. Based in. 95 a month. There are also third-party credit monitoring services, such as MyFICO, Identity Guard, and LifeLock. This trio dominates the market for collecting information about consumers in the credit markets. The three credit agencies collect and house the information that helps potential lenders or employers rate your reliability. One of which is that they use different algorithms to calculate your credit score. consumers with the ongoing availability of free weekly credit reports through AnnualCreditReport. , TransUnion and Equifax are widely considered to be just as accurate and important. Inaccurate information can appear on any of your credit reports if it is reported incorrectly by your lender or is a. — I'd like to have $25,000 in available credit around this time next year. S. If you don't want to monitor your credit score yourself. FICO ® Scores are used by 90% of top lenders, so a FICO ® Score is a pretty accurate reflection of your creditworthiness as a lender might see it. This trio dominates the market for collecting information about consumers in the credit markets. You have dozens of different credit scores. The most accurate report in any individual case is the one that has the most complete information. You always want to make sure the information in each file is fully accurate, regardless of scoring model used. And that can help prevent any surprises when you apply for a new loan or credit card. The TransUnion Credit Monitoring service costs $29. Experian is one of the three major credit bureaus, along with Equifax and TransUnion. Some lenders only report to one credit bureau, while other lenders report to. This will make it more difficult for the thief to. When it comes to credit scores, however, there is a clear winner: FICO® Score is used in 90% of lending decisions. Equifax is one of the three biggest, respected, and well recognized American credit agencies. The Consumer Financial Protection Bureau ordered TransUnion and Equifax to pay more than $23 million in fines and restitutions "for deceiving consumers about the usefulness and actual cost of. TransUnion VantageScore is, in fact, accurate — based on that credit score model. Jeff Richardson, vice president of marketing and communications with. Your Equifax credit score is more likely to appear lower than your TransUnion one because of the reporting differences, but a “fair” score from TransUnion is typically “fair. The main difference between Equifax and TransUnion is that each has their own proprietary method to calculate credit scores. 2 million in fines and restitution for deceiving customers. That applied to both individuals and family plans. The program also gives you access to your TransUnion® credit report, free monitoring alerts and up to $25,000 in identity theft insurance. 000 in identity theft insurance. The three major credit bureaus—TransUnion ®, Experian ® and Equifax. FICO ® Score 4 is the version of the classic FICO ® Score offered by TransUnion. If a collection shows up on Experian, but not the other two bureaus, you Experian credit score will be lower than your TransUnion and Equifax scores. UPDATED: October 30, 2023 The look of your credit score can be deceiving. A patented hallmark of VantageScore is the ability to deploy the same model independently at Equifax, Experian and TransUnion, which results in a highly predictive and consistent consumer credit score. A charge-off on a credit report is a negative item that appears on an account when a creditor writes off an unpaid debt as a loss. We encourage you to call the VA at (877)-881-7618 if you have outstanding medical debt that you think is the responsibility of the VA, and the staff will work with you to find a resolution. Is CreditWise Accurate? CreditWise uses TransUnion’s VantageScore 3. Make a postal request with Equifax. So, your credit reports from Experian, Equifax, and TransUnion may vary, and the corresponding scores could also be different. Introducing the new Experian Smart Money ™ Digital Checking Account, designed by credit experts. Checking your credit reports can also help you detect any inaccurate or incomplete information. Which is more accurate Experian or Equifax? 2 Experian has a slight edge over Equifax because it tends to track recent credit searches more thoroughly. VantageScore, which was created collaboratively by the big 3 bureaus in 2006, claims to be more accurate. The Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) obtained a settlement that will require credit reporting agency Trans Union LLC and a subsidiary to pay a total of $15 million to settle charges they failed to ensure the accuracy of tenant screening reports by including inaccurate and incomplete eviction. Credit bureaus must remove your name from marketing lists if you ask. There are three credit agencies: TransUnion, Equifax, and Experian. Experian 76%. From January 2020 to September 2021, the CFPB received more than 800,000 credit or consumer reporting complaints. For the most current balance, contact your lender or creditor directly. You can check your free credit reports and scores from both bureaus with Credit Karma. Credit-scoring Models Are Different. TransUnion again admitted no wrongdoing, and said it has. The service updates every 7 days, providing regular insights into credit standing. Equifax credit reports are generally regarded as being very accurate. Credit reports contain information about people’s identity, credit history and credit activity as well as information from public records. The credit bureaus manage records on your accounts, balances and the payments you make. Visit our Digital Banking Guide to see a demo of this feature, and learn more about why it’s important to check your credit score here. TransUnion uses the VantageScore® model when calculating your credit score, based on a range of 300 – 850. Choosing between Equifax and TransUnion as to which credit bureau is more accurate. National Consumer Assistance Plan (NCAP)-related considerations. A credit report is a summary of your credit history, including the types of credit accounts you’ve had, your payment history and certain other information such as your credit limits. If you see something inaccurate or incomplete, contact your lender. Credit Karma is a user-friendly online service that offers free Vantage 3. S. Daily access to Equifax credit score. VantageScore was founded in 2006 by Equifax, Experian and TransUnion. Which is more accurate TransUnion or Experian? TransUnion: The Bottom Line. Which Credit Report is More Accurate, TransUnion or Equifax? First and foremost, it’s crucial to note that credit ratings are calculated using a variety of scoring methods, all of which by their very nature are subjective. Experian, Equifax, and TransUnion are the three credit bureaus that provide credit reports. Year-over-year quarterly sales growth most recently was 3. First, a credit report dispute is when you notify a credit bureau like Equifax about something being wrong. TransUnion uses an outside. It also reveals your FICO Score 8—the score most lenders use—which can give you a better idea of what lenders see than the VantageScore that TransUnion provides. Even then with the different algorithms, the variance between the two scores should be between 7-10% or even less . In personal finance, practically everything can turn on one. With some work, you may be able to reach (and even exceed) that score range, which could mean access to a greater range of credit and loans, at better interest rates. Suzanne Kvilhaug. Equifax provides you with an overall credit score, expressed as a number between 0-1000. Similarly, a good credit score under the FICO Score model falls between 670 and 739. Which credit score is more accurate Experian or TransUnion? While both TransUnion and Experian have some similarities, Experian offers a more robust suite of consumer services. National Mortgage Professional, an industry publication, first reported the glitch in May. While it's a product from one of the three main credit agencies in the U. 95 per month. This free service was first introduced at the o. Due to financial hardship resulting from the COVID-19 pandemic, you can get a free credit report each week through December 2023. . Here are the services that TransUnion. A credit scoring model like FICO or VantageScore evaluates your Equifax credit report and. Your Equifax credit score is more likely to appear lower than your TransUnion one because of the reporting differences, but a “fair” score from TransUnion is typically “fair” across the board. Below are three VantageScore 3. Some scores are for specific uses, such as FICO BankCard Score 8, or some models being mortgage. Equifax and TransUnion for Premium plan. Despite being commonly used to report Canadians' credit scores, TransUnion comes up. If you’re looking to get a mortgage, you will want to aim to have a credit score of at least 600. 0 vs FICO 8 credit score comparison charts for TransUnion, Experian, and Equifax with my credit scores. TransUnion agreed to pay $11 million to consumers and a $4 million penalty as well as to make sure it properly reports eviction data. It settled an FTC lawsuit for $250,000 in 2003. Scroll to Account Management on the right-hand side of the page. The Experian Smart Money ™ Debit Card is issued by Community Federal Savings Bank (CFSB), pursuant to a license from Mastercard International. Today’s report is based on the 488,000 consumer complaints the CFPB transmitted to Equifax, Experian, and TransUnion from. Stay up to date. Learn more. Here’s how the score ranges are broken down: 800-850 – Excellent. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 –. As well as the credit score and rating, Equifax also produces a credit. The most accurate credit scores are the latest versions of the FICO Score and VantageScore credit-scoring models: FICO Score 9/10 and VantageScore 3. 0. Last edited: Sep 27, 2017. TransUnion again admitted no wrongdoing, and said it has. 95 per month and include daily credit updates, recommendations, credit locks, monthly tips and more. TransUnion phone number: 1-800-916-8800. Experian uses the VantageScore and FICO scoring models like the other credit bureaus. TransUnion vs. The Equifax credit score model uses a numerical range between 280 and 850, and FICO score models use a range between 300 and 850. Transunion. Its scores are used by more than 2,600 financial institutions and 9 of the 10 largest banks. Is Equifax more accurate than TransUnion? It is difficult to definitively answer the question of whether Equifax is more accurate than TransUnion. A score in the 700s and above is generally considered good, while a score below 600 is considered poor. It all started in 2006, when the three major consumer credit reporting bureaus — Experian, TransUnion and Equifax — teamed up to create the first iteration of the VantageScore® credit scoring model. The three major credit bureaus are Equifax®, Experian® and TransUnion®. This score also ranges from 300 up to 850. Here are some frequently asked questions people ask about their TransUnion and Equifax scores. A CFPB investigation concluded that Transunion and Equifax deceived Americans about the reports they provided and the fees they charged. 70% of U. As part of the settlement from the Equifax data breach in 2017, everyone in the U. Your lenders may have provided less information to one bureau and more data to another. On the transunion, equifax, and Experian websites. The VantageScore model is also accurate, but FICO is more commonly used by loan providers;. TransUnion. Remember, no one has just one credit score, because financial institutions use more than one scoring method. The information contained in your report is used to determine your credit score. The best credit monitoring services offer triple-bureau protection, meaning they monitor all three of the major credit bureaus —Experian, Equifax and TransUnion. If the scores vary based on the same scoring model, then Credit Report information could be different at each of the 3 bureaus. Based on our analysis, Experian provides the best service for the money. Fee Details. The credit scores and credit reports you see on Credit Karma come directly from TransUnion and Equifax, two of the three major consumer credit bureaus. Don’t be worried if that’s the case. According to the TransUnion website, it was developed by all three national credit reporting companies (including Equifax and Experian) and is “more predictive, more consistent, and more stable than older models. If you're just starting to build. Read on to find out what’s different between the two companies, how they get your credit score, and why you have more than one credit score to begin with. Welcome to North America! Lol . Message 7 of 9 0 Kudos Anonymous. 300-900. The law sought to better protect consumers from fraud and identity theft and to ensure accurate credit reporting. Hot Tip: You must request the free reports within 60 days from the date of the suspected wrongful action. There are three major credit bureaus in the U. This is because accuracy can depend on a variety of factors, such as the source of the data, the handling of the data and the methods used to compile and report the information. In fact, AnnualCreditReport. The truth is no credit score from any one of the credit bureaus is more valuable or more accurate. The top three are (in alphabetical order) Equifax, Experian, and TransUnion. P. TransUnion offers TransUnion Credit Monitoring for $24. Score: 4. creating more personalized recommendations and savings. ”Key takeaways. You’ll be able to attach supporting documents to your dispute if you submit it directly with TransUnion. They’re just calculated from slightly differing sources. 5. For example, Equifax is known for reporting more lengthy credit histories. ”. It breaks down your credit history, management and behavior reported by lenders to the big three credit bureaus (Equifax, Experian and TransUnion) into an algorithm that creates your score. If you’re worried you have a low credit score, it may have something to do with which credit reporting agency you’re using. Your Equifax credit score is more likely to appear lower than your TransUnion one because of the reporting differences, but a “fair” score from TransUnion is typically “fair” across the board. The nation’s consumer watchdog agency on Tuesday ordered the credit-reporting agencies TransUnion and Equifax to pay more than $23. Credit Karma is perfectly accurate to check your account for. . Scores of 630 to 689 are fair credit. This means that if there. Learn how credit bureaus collect and use your information to create credit. Although Experian is the largest credit bureau in the U. Say you have a loan from a lender that only reports to TransUnion. For example, one bureau may have 6 hard inquiries on its credit report, another may have 2, and the last bureau may have 4.