3 credit scores
- Thread starter Great White Drake
- Start date
Depends on what you are trying to buy. Most IL car dealers use transunion, but their banks can look at all three. Cellphone places and utilities use both experian and equifax. And when buying a house, they use all three. Then take the middle score and base your approval on that. So I'd say all three are very important. But if you plan to buy a car soon here in the mid west, its transunion. And then there is the method of scoring....
When I just bought my house, all three banks I got quotes from used Transunion I believe...I'm trying to go back through my records to figure it out though...but I just remember being surprised they all used the same one...maybe like [MENTION=5219]ZXMustang[/MENTION] is saying, and it was just the middle score 
When I just bought my house, all three banks I got quotes from used Transunion I believe...I'm trying to go back through my records to figure it out though...but I just remember being surprised they all used the same one...maybe like [MENTION=5219]ZXMustang[/MENTION] is saying, and it was just the middle score
Probably was. I just talked to a mortgage guy a few days ago and they are still using middle score at my local bank.
Just pulled mine from a site I use to monitor my credit and all were within a few points of each other. 3-5 points or so. So a median average would not be an issue for me.
All 3 should be fairly close together. You should not see a large swing between them. 750 on one and 700 on another and 780 on the 3rd etc....
All 3 should be fairly close together. You should not see a large swing between them. 750 on one and 700 on another and 780 on the 3rd etc....
There are different scoring models. Vantage and fico are a few. They they both have different versions. Depends on which scoring model your report is ran through.
A Guide to Credit Scoring Models - US News
Reviving this thread;
My score has been SCREAMING in an upward direction since paying off my debt with my tax refund.
FICO Went from 703 to 783 over 3 months... I didn't think a 'lump sum' pay-off of things would have this dramatic of an impact so quickly, I was expecting maybe a 35-40 point jump, not 80.
For those who are credit saavy, what is the best 'quick' way to build credit? Someone has inquired with me that has little history and want to beef it up efficiently.
Side Note:
My Loan Officer says they use the Median (So just the average of all 3).
My score has been SCREAMING in an upward direction since paying off my debt with my tax refund.
FICO Went from 703 to 783 over 3 months... I didn't think a 'lump sum' pay-off of things would have this dramatic of an impact so quickly, I was expecting maybe a 35-40 point jump, not 80.
For those who are credit saavy, what is the best 'quick' way to build credit? Someone has inquired with me that has little history and want to beef it up efficiently.
Side Note:
My Loan Officer says they use the Median (So just the average of all 3).
My wife hired a company to fight all the crap on her credit report that had never came off. 6 months and $70/mo. Her score went up just over 150 points
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