95/month for two adults. Currently, no one credit bureau is considered to be more accurate than the other. 1-Bureau credit score and. You should regularly review things on your credit report, such as personal information, credit accounts, collections, bankruptcies, and credit inquiries. And scores of 629 or below are bad credit. S. The most accurate credit report is the one that includes all of your loans and credit accounts and is error-free. More Details > More Details > OVERALL RATINGS Equifax TransUnion; Plans and Pricing: 4. This process takes a tremendous amount of information into consideration, and the result is your three-digit credit score number. Your credit score is a three-digit number meant to reflect the risk you could pose to a lender when you borrow money. If you're just starting to build. ”. If the scores vary based on the same scoring model, then Credit Report information could be different at each of the 3 bureaus. 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). Equifax sells its credit reports to lenders, credit card issuers, insurers, consumers, healthcare providers, utilities, and employers. So I have been using Credit Karma for a while to periodically check in on my TransUnion and Equifax scores, but tonight I was curious about - 3824503. What's more, your score of 650 is very close to the Good credit score range of 670-739. It’s important to keep in mind that credit scores can vary among the. Another difference is that the Equifax credit score is. Currently, no one credit bureau is considered to be more accurate than the other. Despite being commonly used to report Canadians' credit scores, TransUnion comes up. When it comes to credit scores, however, there is a clear winner: FICO® Score is used in 90% of lending decisions. Why is my Equifax score so low? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal. 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. Highlights: Regularly checking your credit reports is a good way to ensure information is complete and accurate. Keep in mind, though, that your score’s accuracy is affected by whether your credit report is correct. Their breakdown of credit factors is: Payment history (40%) Credit utilization (20%) Credit. Which is more accurate TransUnion or Equifax? Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. Good Credit. Over time, credit scoring models are updated to attempt to increase their accuracy. Hot Tip: You must request the free reports within 60 days from the date of the suspected wrongful action. Understanding these distinctions can help individuals make informed decisions. FICO ® Score 5 is the Equifax version of the "classic" FICO ® Score. TransUnion Credit Score. Because TransUnion serves as a bureau for lenders and debt collectors, it tends to include more accurate and up-to-date information. The resulting scores and your credit file are used to determine your risk factor for future loans. VantageScore is the result of a collaboration between the three nationwide credit bureaus – Equifax, Experian and TransUnion. Blueprint is an. The FICO Score ranges from a low of 300 to a high of 850. FICO, which is a U. It is important to check a reputable, accurate credit score because there are more than 1,000 different types of credit scores floating around. Experian PLUS score: 330–830. Analysts expect adjusted earnings to reach $3. Like FICO, VantageScore are also working to evolve their credit score process to paint a more accurate picture of an individual’s likelihood to make timely. 0. 1 You can also receive free Equifax credit reports with a myEquifax account. The information available online shows that Equifax uses an 81-month credit history. TransUnion. “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. ] — To build credit so as to prepare to buy a house or land or both. The company uses several different formulas to calculate credit scores—including VantageScore 3. You’ll have to purchase your credit score separately. 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. 6 million in restitution to consumers, and fines totaling $5. Highlights: Checking your credit history and credit scores can help you better understand your current credit position. Equifax, on the other hand, charges 9. It offers a quick glance at your credit health and history of paying back your debts. The bottom line on whether Credit Karma is accurate. 287 per share for the current fiscal year. Source: By these. Phishing is a cybercrime that can occur when you request your credit check. 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. 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. There are four main ways to get your credit score: Check your credit or loan statements. The most accurate credit bureaus. The Transunion customer service representative I dealt with was helpful and curtious. And knowing which credit score is the most accurate can make a big difference when you're applying for credit. This trio dominates the market for collecting information about consumers in the credit markets. Some lenders only report to one credit bureau, while other lenders report to. What’s more important are the changes you observe over time in a single score and where that number puts you concerning other consumers. Daily access to Equifax credit score. TransUnion provides the VantageScore 3. It's possible that a lender may gravitate toward one score over another, but that doesn't necessarily mean that score is better. The idea that checking your credit score will have a negative impact is a common myth. You can access your credit score from online credit score agencies. 95 per month, which makes monitoring your TransUnion credit score a little more expensive. Tap TransUnion Credit Score. Good: 670 to 739. There are also third-party credit monitoring services, such as MyFICO, Identity Guard, and LifeLock. TransUnion and Equifax are two of the three main credit reporting agencies in the U. Sponsored. The three major credit bureaus—TransUnion ®, Experian ® and Equifax. When comparing Equifax, TransUnion, or Experian credit reports, it’s important to. 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). 3 credit reporting agencies: Equifax, Experian, TransUnion. TransUnion: 300–850. Experian uses the VantageScore and FICO scoring models like the other credit bureaus. The inaccurate scores were sent to lenders between March 17 and April 6, the company said. Similar to TransUnion, Equifax should be capitalized when used in a sentence as it is a proper noun. Equifax is the largest credit bureau in the. From January 2020 to September 2021, the CFPB received more than 800,000 credit or consumer reporting complaints. (the other two are TransUnion and Equifax), it's not the same as a FICO score, which is what lenders use when they pull your credit report. com is the only website authorized by the federal government to issue free, annual credit reports from the three CRAs. Which score is more accurate? Neither your TransUnion or Equifax score is more or less accurate than the other. 1. By law, consumers can submit complaints about incomplete or inaccurate credit reports to the CFPB. 0 and VantageScore 4. It’s also important to note that credit scores are only sometimes 100% accurate and can vary. A good score with TransUnion and VantageScore® 3. 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. That said, both TransUnion and Equifax have their own. Although Experian is the largest credit bureau in the U. In fact, AnnualCreditReport. Learn More. Hard to explain, although TransUnion remembers some quite old accounts (10+ years) whereas Equifax doesn't. TransUnion is bringing up the rear among the three. TransUnion VantageScore 3. So, that's at. The top three are (in alphabetical order) Equifax, Experian, and TransUnion. What is difference between TransUnion and Equifax? TransUnion uses most of the same personal information that Equifax does in scoring your credit ; however, TransUnion may find certain aspects of your credit history more important than Equifax does. 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. However, some consumers may perceive one bureau to be more accurate than the other based on their personal experiences or data discrepancies. While both TransUnion and Experian have some similarities, Experian offers a more robust suite of consumer services. You can access your credit score from online credit score agencies. One of the most evident differences between these two bureaus is that. Is TransUnion or Equifax more accurate? If you have a 100-point difference between your TransUnion and Equifax credit scores, you might be wondering which is more accurate. So it is not so much that. Equifax. G. 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. Some lenders don’t report a consumer’s activity to any. company, sells its score to both Equifax and TransUnion. There are a number of reasons for this. The three-digit score is a numerical representation that indicates how risky a borrower you are from a lender’s perspective. In personal finance, practically everything can turn on one. 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. The most accurate report in any individual case is the one that has the most complete information. The three national credit reporting agencies—TransUnion, Experian and Equifax—are required by federal law to provide you with a free annual credit report. The information contained in your report is used to determine your credit score. Score: 4. Credit bureaus may report different information and a landlord can use any or all of the bureaus to get an idea of credit worthiness and financial management. TransUnion phone number: 1-800-916-8800. That applied to both individuals and family plans. See moreTransUnion and Equifax are two of the three major credit bureaus that generate credit reports and scores for lenders. Free trial includes all features;. 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. $19. GET STARTED. Credit scoring at Equifax works in largely the same way as the process works at Experian (and TransUnion). The short answer is no; a credit bureau’s credit score is valuable and as. 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. 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. While Experian is the largest bureau in the U. One of the scoring models that TransUnion uses to calculate credit scores is VantageScore® 3. 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. 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. Neither score is more or less accurate than the other; they’re only being calculated from slightly differing sources. com . Experian, Equifax, and TransUnion each offer credit monitoring services. Make a postal request with TransUnion. Based in Atlanta, Georgia, and founded all way back in 1899, Equifax collects and reports information on more than 800 million people, and nearly 90 million businesses around the world. Understanding credit score ranges. When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. You can place an Experian fraud alert, and afterwards, Experian will notify the other two bureaus. How It Works. Experian: 300–850. 7 billion in 2022, and collects information on more than 200 million Americans, including information on their payment histories, debt loads, maximum credit limits, names and addresses of current creditors, and other elements of their credit relationships. Your credit score is a three-digit number meant to reflect the risk you could pose to a lender when you borrow money. 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. TransUnion again admitted no wrongdoing, and said it has. There are many reasons why the numbers between Equifax and Transunion may differ so much. TransUnion vs Equifax: Which is most accurate? So, which credit report is most accurate? When it comes to accuracy, all three credit reporting agencies are responsible for ensuring that credit reports are accurate. Your TransUnion credit report might contain information that your. Don’t be worried if that’s the case. The more you know about how credit works in general, and the more familiar you become with your own situation, the more informed you will likely be. The one common ground is the importance of education and awareness. 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. 5. The most accurate credit bureaus. But in reality, nearly 50 companies appear on the Consumer Financial Protection Bureau’s list of consumer reporting companies. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. Wise Piggy 3 (5) Score Updates Monthly 7-Day Free Trial, $29. Tailored for use by providers of auto financing, the FICO Auto Score uses a score range. 0 scoring model . Choosing between Equifax and TransUnion as to which credit bureau is more accurate. VantageScore was founded in 2006 by Equifax, Experian and TransUnion. Equifax operates an 81-month credit history while TransUnion checks your data to as far back as over 24 months. 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. 95/mo after Go to Site More Details. 6 million lawsuit stemming from uncorrected errors on an. 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. By using Credit Karma to monitor your VantageScore 3. : Equifax, TransUnion and Experian. Learn how credit bureaus collect and use your information to create credit reports and scores, and how they compare with each other. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. S. 0 credit scores from TransUnion and Equifax. It's possible that a lender may gravitate toward one score over another, but that doesn't necessarily mean that. 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. And that can help prevent any surprises when you apply for a new loan or credit card. . This means that if there. For example, your credit card utilization rate is considered a high-impact factor in both. The Credit Carma app for Android and iOS provides alerts for any important changes to your credit report, and if you see any errors, you can file a dispute from the. To access these free reports, go to this site. These scores may not match up exactly with credit scores based on the FICO® Score 8 credit-scoring model, but they rely on many similar factors. Or example, only on a he MyFICO app and experian does it show my credit score is in the low 600s on all credit bureaus for the past 3 months. GXSINGH Full Member. Third, you'll get the results of the dispute. Allen, TX 75013. Experian is one of the three major credit bureaus, along with Equifax and TransUnion. When it comes to credit scores, however, lenders prefer FICO Score by. For example, lenders can choose to report to one, two or all three. Spot identity theft early. TransUnion will put more weight on your employment history. Consumers also have a VantageScore, which is the combination of your credit score from Equifax, Experian, and TransUnion. Stay up to date. Both TransUnion and Equifax use the latest Vantage 3. FICO provides a single-number credit score, while major credit bureaus like Equifax, Experian, and TransUnion (not covered in this article) offer a more detailed look at an. Mail the form with your letter to: Experian. Dispute directly with the company that reported the information to TransUnion. More information about Experian’s dispute process and dispute form. Equifax, TransUnion, Experian: Aura Couple: 4. These agencies include Equifax, Experian, and TransUnion. Advanced and Premier services the most accurate for credit score updates. Experian VS TransUnion VS Equifax question from a Credit Builder. There are many reasons why the numbers between Equifax and Transunion may differ so much. 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. 95/month for one adult. Here are the easy steps: Login to your RBC Online banking. Follow this checklist to know what to look for on your Equifax credit report. Many credit card companies, banks and loan companies have started providing credit scores for their customers. TransUnion was cited for reporting inaccurate eviction records in tenant background screenings. What is an excellent. View our Accessibility Statement here. The three major credit bureaus are Equifax®, Experian® and TransUnion®. are Experian, Equifax, and TransUnion. Credit scores from the three main bureaus (Experian, Equifax, and TransUnion) are considered accurate. P. The CFPB has taken action against TransUnion four times in the last seven years. So Credit Wise is accurate; it’s just that it won’t necessarily give you an accurate idea of where your FICO score stands since it’s a different model. There are many different credit scores, and each may be calculated. The program also gives you access to your TransUnion® credit report, free monitoring alerts and up to $25,000 in identity theft insurance. Equifax and Transunion websites both give you vantage 3. All plans offer access to. You’ll notice that VantageScore and FICO have similar scoring models but weight the scoring factors differently: Payment history: 40%. S. In reality, both scores are equally accurate as they have their own scoring system. 1 Credit Report with credit score costs Rs. However, there are a few issues with this. To obtain your Experian or Equifax credit report, you must contact them directly. 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. 95/month for two adults. A score in the 700s and above is generally considered good, while a score below 600 is considered poor. You may. When it comes to credit scores, however, there is a clear winner: FICO® Score is used in 90% of lending decisions. You can also register for Equifax Core Credit for one free monthly credit check. Instead, it provides you with a TransUnion Vantage 3. The Experian App is very accurate, at least for seeing what your true score is for most lending decisions. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the. Its scores are used by more than 2,600 financial institutions and 9 of the 10 largest banks. Credit reports play an important role in your financial life and we encourage you to regularly check your credit history. In Nate’s case, Credit Karma was accurate enough to say that he had an excellent credit score, but wasn’t perfect. 550. P. call 1-877-322-8228, or. The big three consumer credit bureaus — Equifax, Experian, and TransUnion — create consumer credit reports that companies can use to assess the creditworthiness of individuals. Box 740241. Just look for "Equifax Credit Report" on your myEquifax dashboard. “The incoming administration is supportive of policies that would bring more accurate and reliable data into the credit reporting. 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. Equifax. This means that if there’s information on your report that’s incorrect, it will be corrected immediately. Transunion vs. A score of 690 to 719 is considered good credit. Information in your credit reports is typically provided to the three nationwide consumer reporting agencies (CRAs) — Equifax, TransUnion and Experian — by. However, VantageScore 3. Equifax is the largest credit bureau in the U. Here are a few ways: Check your credit card, financial institution or loan statement. For a fraud alert, you only need to contact one bureau and that bureau will notify the other two. Along with Experian and TransUnion, Equifax received a $2. It’s impossible to say which credit reporting agency, TransUnion, Experian, or Equifax,. 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. While there’s no exact answer to which credit score matters most, lenders have a clear favorite: FICO® Scores are used in over 90% of lending decisions. Main Credit Bureau Phone Numbers. The main difference between Equifax and TransUnion is that each has their own proprietary method to calculate credit scores. Your lenders may have provided less information to one bureau and more data to another. Equifax uses the Equifax Risk Score, while TransUnion uses the CreditVision Scoring model. Based on our analysis, Experian provides the best service for the money. Buy your score from one of the three major credit reporting agencies: Equifax, Experian, or TransUnion. We all collect similar information, and a lot of it overlaps, but scores can vary for a number of reasons. Internet scanning to detect use of. Create or sign into your free MyEquifax account to file a credit dispute on your Equifax account. Final Verdict. Only Credit Report costs Rs. Experian 76%. A score of 720 or higher is generally considered excellent credit. The Equifax Online Self-Service portal provides information on obtaining a credit report, disputing inaccuracies in your Equifax credit report, and managing fraud alerts and security freezes. You can also file a free dispute with the three nationwide credit bureaus. These companies compile information about your credit into reports that are used to generate your credit. — I'd like to have $25,000 in available credit around this time next year. VantageScore, which was created collaboratively by the big 3 bureaus in 2006, claims to be more accurate. com. Know your score. Consumers With Changes to Medical Collection Debt Reporting (Mar. The Experian App is very accurate, at least for seeing what your true score is for most lending decisions. All three major credit bureaus — Experian, Equifax, and TransUnion — are more alike than they are different, and any variations in their data are usually minor. Credit reports play an important role in your financial life and we encourage you to regularly check your credit history. No credit score is more accurate than another, but lenders may prefer one over another. That said, both TransUnion and Equifax have their own strengths. Based in. Is CreditWise Accurate? CreditWise uses TransUnion’s VantageScore 3. $19. In Nate’s case, Credit Karma was accurate enough to say that he had an excellent credit score, but wasn’t perfect. Introducing the new Experian Smart Money ™ Digital Checking Account, designed by credit experts. Experian and Equifax are the two largest credit bureaus in the United States. They’re just calculated from slightly differing sources. Is TransUnion or Equifax more accurate? Neither TransUnion or. P. $19. The nation’s three largest credit bureaus—Equifax, Experian, and TransUnion— said this week that they would make permanent consumers’ access to free, weekly credit reports via. Some aspects of your credit score aren’t completely within your control. TransUnion vs. They both calculate credit scores and reports, but have different models and features. Get 3-bureau credit monitoring 1 and ID theft protection features for one adult. complete the Annual Credit Report Request Form and mail it to: Annual Credit Report Request Service. From January 2020 to September 2021, the CFPB received more than 800,000 credit or consumer reporting complaints. 95 per month and include daily credit updates, recommendations, credit locks, monthly tips and more. 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. Learn how credit bureaus collect and use your information to create credit. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. It's also the least friendly to those just starting out building credit. Experian, Equifax, and TransUnion each offer credit monitoring services. VantageScore was founded in 2006 by Equifax, Experian and TransUnion. TransUnion, 1-800-680-7289. 2 million in fines and restitution for deceiving consumers about the. 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. Building credit . The accuracy of credit reports varies based on which. FICO says 90 per cent of Canadian lenders use it, including major banks. $29. If you’re looking to get a mortgage, you will want to aim to have a credit score of at least 600. 0 scores from TransUnion and Equifax. Each model company has several models: More than 9 for FICO, 4 I believe for Vantage. Equifax, TransUnion and Experian remain the three largest consumer credit reporting agencies. Which is more accurate TransUnion or Experian? TransUnion: The Bottom Line. “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. Is Equifax more accurate than TransUnion? It is difficult to definitively answer the question of whether Equifax is more accurate than TransUnion. FICO is a separate product issued by a separate company. The TransUnion Credit Monitoring service costs $29. 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. Free weekly online credit reports are available from Equifax, Experian and TransUnion. Equifax classifies a good credit score as 660 or higher, while TransUnion classifies a good credit score as 650 or higher. Some people want to achieve a score of 850, the highest credit score possible. S. These companies are responsible for providing consumer credit reports to organizations, authorities and other. Transunion vs Equifax - Which Credit Score Matters More? (…Credit scoring model used: There are several models out there for scoring. Cancel at any time, no partial month refunds. The information you see on Credit Karma should match what Equifax and TransUnion show. Most people identify Equifax as a consumer credit bureau but are less familiar with our marketing services capabilities. Based on our analysis, Experian provides the best service for the money. Equifax offers a variety of credit monitoring services priced from $4. Each score. When you apply for things like a new credit card, a mortgage or an apartment, the companies. Like the other major credit bureaus, it gathers information on credit history and activity, among other things, to generate credit reports. According to the report, which was released in early 2022, most of the approximately 700,000 complaints related to inaccurate. , TransUnion and Equifax are widely considered to be just as accurate and important. Get fast cash and improve your credit with LendingTree personal loans!The three major credit bureaus include Equifax, Experian and TransUnion. Both companies collect credit information on individual consumers, which they sell to lenders and. com. 118 and 1 credit report with credit score costs Rs. S. The TransUnion Auto Score, an industry-specific risk score, offers more accurate predictions on non-prime and sub-prime applicants. In the FICO vs Vantage comparison chart above, you can see that Vantage in the blue line reacts much more extremely to credit report changes than the FICO credit score, represented by the orange. 0, which is used. The five main components of an Equifax credit report are personal information, credit accounts, inquiry information, bankruptcies and collections accounts. The CFPB’s. In the past, I have seen the same thing happen, but the month after TransUnion was back at the level it was. Understanding credit score ranges. A credit scoring model like FICO or VantageScore evaluates your Equifax credit report and. That scoring model is inaccurate and is not your fico score. FACTA was passed in 2003 as an amendment to the Fair Credit Reporting Act. Transunion vs Equifax: Which is More Accurate? When comparing the accuracy of credit bureaus, neither one is more accurate than the other. Call the credit bureau and follow the instructions. Key Takeaways. By using the correct terminology and capitalization when discussing credit reports and scores, you can ensure. The Credit Scores Lenders CheckCredit Karma is perhaps the best-known service for getting free credit score reports from the Equifax and TransUnion credit bureaus (Experian is the other major bureau). Cost of the Report. The website was created in a joint venture between Experian, TransUnion and Equifax following the passage of the Fair and Accurate Credit Transactions Act (FACTA), an amendment to the Fair Credit. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score differing from your Equifax score. Experian might offer more comprehensive identity theft protection services. Discover your credit potential with powerful tools like CreditCompass TM. 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 3 major credit reporting agencies. 0® by Experian. It’s possible that a lender may gravitate toward one score over another, but that doesn’t necessarily mean that score is better.