Can any one tell me why one credit report agency score is different then they others that report you

There are three credit bureaus and they each have their own way of calculating your credit score, all lenders do not report to all credit bureaus.

Add to this the fact that there are 3 different types of bureaus that can be pulled, the standard one that people see from the net, the auto enhanced which auto dealers and lenders look at and the factual one that mortgage lenders look at and you begin to understand.

I look at credit every day and it%26#039;s not uncommon to see a 100-point swing in the three bureaus do to this.

Can any one tell me why one credit report agency score is different then they others that report your scores.?

Not really but I will do my best.

They all use different algorythms to decide what your score is going to be. Some place mortgages as more important then consumer debt. Some place the amount of consumer debt differently then others.

Now not to really freak you out. But if you come to me for a mortgage I will say your Experian score is 685. You say not I just checked its 720. I said yeah because a car company ran it. It didnt go down because they ran it. If they ran it again they would get 720.

Same company 2 different scores. Why they use Experian-1. I use Experian-2.

If you think you only have 3 credit scores you are totally wrong. I can get 3 different scores with 1 company depending on how I want that algorythem ran. Experian-2 puts more on mortgage. Experian-1 is more on consumer debt.

Good luck, wish I could explain it better but thats basically how it works.

Can any one tell me why one credit report agency score is different then they others that report your scores.?

They all are different agencies %26amp; dont all have the same information on you. Your credit card company might report to Transunion but not Equifax. Look at your Credit report for each Credit Agency %26amp; that should tell you why they are different.... I hope this helped :)