It charges a monthly fee to access the credit score and report directly, but you can also get the same information for free through ClearScore. The CFPB’s. The TransUnion TransRisk score ranges from a low of 300 to a high of 850, where 850 is considered to be excellent. 0 and VantageScore 4. Blueprint is an. If you see medical debt on your TransUnion credit report you think is the responsibility of the VA, go online to start a dispute. Consumers also have a VantageScore, which is the combination of your credit score from Equifax, Experian, and TransUnion. There are many reasons why the numbers between Equifax and Transunion may differ so much. Say you have a loan from a lender that only reports to TransUnion. For a fraud alert, you only need to contact one bureau and that bureau will notify the other two. 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. A good score with TransUnion and VantageScore® 3. It is calculated by TransUnion, Experian, and Equifax, the three major credit bureaus. Equifax, Experian, and TransUnion. TransUnion VantageScore is, in fact, accurate — based on that credit score model. The only purpose of making it so difficult is to try and earn more money and take advantage of the consumer. Designed to meet the needs of financing companies and automobile dealers, the score predicts the likelihood of a prospect or existing loan holder becoming 60 or more days delinquent in a 12-month period. 0 is between 720 and 780. National Consumer Assistance Plan (NCAP)-related considerations. If you don't want to monitor your credit score yourself. 6/5 ( 26 votes ) Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. Some lenders only report to one credit bureau, while other lenders report to. Checking your TransUnion credit report can help you understand what lenders may see if they check your credit. One of the most evident differences between these two bureaus is that. What's more, your score of 650 is very close to the Good credit score range of 670-739. The service updates every 7 days, providing regular insights into credit standing. 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 FICO Score ranges from a low of 300 to a high of 850. ago. 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. Protect what you’ve built with Credit Lock Plus, and rest easy with up to $1MM in ID theft insurance. Experian phone number: 1-800-493-1058. It's possible that a lender may gravitate toward one score over another, but that doesn't necessarily mean that score is better. The FCRA gives individuals the right to see their own credit report. Alternatively, Equifax is better for obtaining a detailed credit history and for evaluating overall financial standing. The higher the number, the. If you find incorrect information on your credit reports, check out these resources for. 0. This company weighs your payment history and credit age more so than the other two credit bureaus. If a borrower your income and your Credit Karma is the my credit score, TransUnion number. Credit Karma’s mission, which is to match members with appropriate products based on the lenders’ desired customer profiles, could help you find the offers that will save you more money. Similar to TransUnion, Equifax should be capitalized when used in a sentence as it is a proper noun. 95 monthly fee credit monitoring service paywall. Experian Credit Reporting and TransUnion Credit Reporting are very close in quality and have the same overall rating. Experian is one of the three major credit bureaus, along with Equifax and TransUnion. Hot Tip: You must request the free reports within 60 days from the date of the suspected wrongful action. 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. 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. In personal finance, practically everything can turn on one. Equifax and TransUnion. Takedown request. Credit scores from the three main bureaus (Experian, Equifax, and TransUnion) are considered accurate. Equifax comparison, both rely on some of the same. Both TransUnion and Equifax use the latest Vantage 3. Credit Report costs Rs. Equifax. There are a number of reasons for this. The one common ground is the importance of education and awareness. Credit bureaus are different from credit-scoring companies, such as VantageScore® and FICO®. They’re just calculated from slightly differing sources. The big three consumer credit bureaus — Equifax, Experian, and TransUnion — create consumer credit reports that companies can use to assess the creditworthiness of individuals. Allen, TX 75013. Is TransUnion more important than Equifax?. The program also gives you access to your TransUnion® credit report, free monitoring alerts and up to $25,000 in identity theft insurance. The law sought to better protect consumers from fraud and identity theft and to ensure accurate credit reporting. It is a useful tool for monitoring credit before major. A credit reporting agency collects information about consumers’ credit and financial history. 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. , TransUnion and Equifax are widely considered to be just as accurate and important. Equifax is a credit bureau that collects information about an individual’s credit history to create a credit report. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. ”Through the end of 2023, the three major credit bureaus -- TransUnion, Equifax and Experian -- offer access to free weekly credit reports. Experian, 1-888-397-3742. No credit score from any one of the credit bureaus is more valuable or more accurate than another. 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 information is accurate. If you'd rather talk to a. Credit karma gives vantage scores, not Fico, which is why you don't need to pay much attention to the actual score. The idea that checking your credit score will have a negative impact is a common myth. Each score. If you believe information on your Equifax credit report is inaccurate or incomplete, you can file a dispute. com and TransUnion are accessible to the vision impaired. Equifax allows you to request your free credit report by phone. 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. Learn more about the factors that affect your FICO score and how to get it for free. It’s impossible to say which credit reporting agency, TransUnion, Experian, or Equifax, is more accurate since all three agencies use similar methods to collect and report credit information, but may differ in their scoring models and data sources. Instead, we work with Equifax and TransUnion to provide. It's possible that a lender may gravitate toward one score over another, but that doesn't necessarily mean that. TransUnion agreed to pay $11 million to consumers and a $4 million penalty as well as to make sure it properly reports eviction data. 287 per share for the current fiscal year. Capital one recently increased my credit limit from 1000 to 1500 without my permission. Checking your credit score is an important step in ensuring your personal information is correct and complete. Of these complaints, more than 700,000 were submitted about Equifax, Experian, or TransUnion. Similarly, a good credit score under the FICO Score model falls between 670 and 739. Equifax classifies a good credit score as 660 or higher, while TransUnion classifies a good credit score as 650 or higher. Equifax: 280–850. A good TransUnion credit score can range between 700 and 750. Another difference is that the Equifax credit score is. Braille, audio or large print formats can be requested by telephone at (877) 322-8228 or by mail. 9B in revenue. However, VantageScore 3. Equifax and Transunion websites both give you vantage 3. The Big Three credit agencies—Equifax, TransUnion,. Inaccurate information can appear on any of your credit reports if it is reported incorrectly by your lender or is a. Currently, no one credit bureau is considered to be more accurate than the other. And that can help prevent any surprises when you apply for a new loan or credit card. 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. For example, lenders can choose to report to one, two or all three. 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 offers a quick glance at your credit health and history of paying back your debts. complete the Annual Credit Report Request Form and mail it to: Annual Credit Report Request Service. You can access your credit score from online credit score agencies. ” Through the end of 2023, the three major credit bureaus -- TransUnion, Equifax and Experian -- offer access to free weekly credit reports. Learn more. Equifax vs. 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. It’s also important to note that credit scores are only sometimes 100% accurate and can vary. Through the IXI Network, Equifax tracks more than $28 trillion in anonymized consumer deposit and investment accounts. com. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. S. Unlike with FICO where a good credit score is 670, VantageScore requires between 720 and 780. . Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. Credit Karma works with Equifax and TransUnion, two of the three major consumer credit bureaus, to give you access to your free credit scores and free credit reports. 95/month. Is CreditWise Accurate? CreditWise uses TransUnion’s VantageScore 3. The Federal Trade Commission (FTC) and the Consumer Financial Protection. When it comes to credit scores, however, lenders prefer FICO Score by. This model was released in 2013 and offers greater consistency to fit today’s fast-paced society. 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. Equifax operates an 81-month credit history while TransUnion checks your data to as far back as over 24 months. 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. There has been nothing new on my Equifax credit report. FICO scores are generally calculated using five categories of information. 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. Despite being commonly used to report Canadians' credit scores, TransUnion comes up. Choosing between Equifax and TransUnion as to which credit bureau is more accurate. There are many reasons why the numbers between Equifax and Transunion may differ so much. The free TransUnion and Equifax credit scores are based on the VantageScore 3. Is 660 a good credit score? 70% of U. 0 and VantageScore 4. From January 2020 to September 2021, the CFPB received more than 800,000 credit or consumer reporting complaints. 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. Year-over-year quarterly sales growth most recently was 3. 95 per month, which makes monitoring your TransUnion credit score a little more expensive. TransUnion and Equifax are consumer reporting agencies; what they do is collect data about you and write your credit reports which show your debt history. Some people want to achieve a score of 850, the highest credit score possible. 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. 95 per month, as mentioned above. The 3 major credit reporting agencies. Equifax uses the Equifax Risk Score, while TransUnion uses the CreditVision Scoring model. This won’t show up on your Experian or Equifax records. The three major credit bureaus—TransUnion ®, Experian ® and Equifax. Data provided to the credit bureau: Lenders aren’t legally obligated to report to all three credit bureaus. Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. The Fair Credit Reporting Act limits who can access your credit report and for what purpose. TransUnion and Equifax calculate credit scores using different models. TransUnion TransUnion ranges from a low of 300 to a high of 850. TransUnion: Credit Rating. RANGES. Mail the form with your letter to: Experian. The credit bureaus manage records on your accounts, balances and the payments you make. Both companies collect credit information on individual consumers, which they sell to lenders and. 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. about transunion TransUnion is a global information and insights company with over 12,000 associates operating in more than 30 countries. TransUnion uses an outside. Those are TransUnion, Equifax and Experian. Talk to a credit or housing counselor. FICO says 90 per cent of Canadian lenders use it, including major banks. Box 105281. Wise Piggy 3 (5) Score Updates Monthly 7-Day Free Trial, $29. Credit reports play an important role in your financial life and we encourage you to regularly check your credit history. One of which is that they use different algorithms to calculate your credit score. 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. The Bottom Line. You may have a different score with each of the three nationwide credit reporting agencies (TransUnion, Equifax and Experian). Equifax provides you with an overall credit score, expressed as a number between 0-1000. Experian PLUS score: 330–830. Barclays uses a FICO score — the score most lenders use. More information about Experian’s dispute process and dispute form. TransUnion is bringing up the rear among the three. 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. For the most current balance, contact your lender or creditor directly. Reporting. Atlanta, GA 30348. TransUnion VantageScore 3. If you're just starting to build. 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. Suzanne Kvilhaug. Analysts expect adjusted earnings to reach $3. The reports you see on Credit Karma may not be exactly the same, but they should at least be accurate. However. Today’s report is based on the 488,000 consumer complaints the CFPB transmitted to Equifax, Experian, and TransUnion from. For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the. 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. And knowing which credit score is the most accurate can make a big difference when you're applying for credit. 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. In contrast, TransUnion offers a free plan, as well as a subscription plan that costs $24. The CFPB has taken action against TransUnion four times in the last seven years. A credit scoring model like FICO or VantageScore evaluates your Equifax credit report and. TransUnion vs Equifax. TransUnion: Is One More Accurate? The short answer is no; a credit bureau’s credit score is valuable and as accurate as another. S. O. 2. 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. that means potentially, 40 million customers have errors on their credit reports. This is mainly because of two reasons: For one, lenders may pull your credit from different credit bureaus, whether it is Experian, Equifax or TransUnion. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. TransUnion is bringing up the rear among the three. In fact, AnnualCreditReport. 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. 95/month for two adults. Suzanne Kvilhaug. , TransUnion and Equifax are widely considered to be just as accurate and important. 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. S. It's possible that a lender may gravitate toward one score over another, but that doesn't necessarily mean that score is better. 95 per month to $19. Unlimited access to TransUnion credit report and score. 3%. 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. You may already know that there are multiple ways you can get a free credit report. Complaints submitted about the NCRAs accounted for more than 50% of all complaints received by the CFPB in 2020 and more. VantageScore was created in partnership among all three credit bureaus — Experian, Equifax, and TransUnion. In both cases, higher. TransUnion’s credit monitoring services cost $24. S. Equifax vs. 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. Why is my Equifax 100 points higher than TransUnion? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and. Along with Experian and TransUnion, Equifax received a $2. 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. Experian: 300–850. Poor: 579 and below. 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. 0 is between 720 and 780. Checking your credit reports can also help you detect any inaccurate or incomplete information. 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. In reality, both scores are. com. While both TransUnion and Experian have some similarities, Experian offers a more robust suite of consumer services. ”. For example, one bureau may have 6 hard inquiries on its credit report, another may have 2, and the last bureau may have 4. To dispute ID theft-related errors, follow these steps: Place a fraud alert: Contact one of the three credit bureaus (TransUnion, Experian, or Equifax) to place a fraud alert on your credit report. Going into 2022, the minimum credit score needed to get approved for a mortgage is 640, though it would be more accurate to say that anywhere between 620. 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. Experian, Equifax, and TransUnion each offer credit monitoring services. If the scores vary based on the same scoring model, then Credit Report information could be different at each of the 3 bureaus. This free service was first introduced at the o. Another difference is that the Equifax credit score is. 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. TransUnion and Experian, on the other hand, use a “reactive credit reporting model. The Equifax credit score is based on credit data from Equifax, while the FICO score is based on credit data from all three major credit reporting agencies. Some lenders only report to one. Scroll to Account Management on the right-hand side of the page. The TransUnion Auto Score, an industry-specific risk score, offers more accurate predictions on non-prime and sub-prime applicants. If you’re worried you have a low credit score, it may have something to do with which credit reporting agency you’re using. TransUnion gathers information on over 1 billion consumers in over 30 countries across the globe. TransUnion differs in credit history length. 1-Bureau credit report and VantageScore credit score. 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. Equifax, and TransUnion Support U. Your lenders may have provided less information to one bureau and more data to another. FICO ® Score 5 is the Equifax version of the "classic" FICO ® Score. TransUnion just dropped 20ish points while Equifax got 3 points higher. Free monitoring services and. 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. This means that if there’s information on your report that’s incorrect, it will be corrected immediately. 0 and 4. Blog. The three-digit score is a numerical representation that indicates how risky a borrower you are from a lender’s perspective. 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. 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. Learn how credit bureaus collect and use your information to create credit. Regular checks ensure the information stays accurate. Alerts to key credit report changes to help spot potential identity theft. That applied to both individuals and family plans. 1 Credit Report with credit score costs Rs. The following statement may be attributed to Stuart Pratt, President and CEO of the Consumer Data Industry Association, the trade association which represents Equifax, Experian, and TransUnion, in response to the credit reporting announcement made today by state attorneys general: “In March, the three nationwide credit reporting agencies. Request your free credit reports. 18. Equifax operates an 81-month credit history while TransUnion checks your data to as far back as over 24 months. TransUnion, one of the big three credit reporting agencies, has agreed to pay $23 million in fines to settle. Free Credit Reports. 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. 0; Equifax VantageScore 3. An $11 million portion of the settlement will compensate consumers upon approval by a federal court. Chase Credit Journey uses VantageScore 3. The big three consumer credit bureaus — Equifax, Experian, and TransUnion — create consumer credit reports that companies can use to assess the creditworthiness of individuals. Below are three VantageScore 3. That being said, both Equifax and TransUnion offer incredibly accurate reporting. On the other hand, TransUnion’s CreditVision Risk Score looks at data over the. However, as long as they are from one of the three major creditScore: 4. As well as the credit score and rating, Equifax also produces a credit. Which credit report is most accurate? The most accurate credit scores are the latest versions of the FICO Score and VantageScore credit-scoring models: FICO Score 8 and VantageScore 3. There are three credit agencies: TransUnion, Equifax, and Experian. Free weekly online credit reports are available from Equifax, Experian and TransUnion. Read the legal disclaimers and click on “Continue”. are Experian, Equifax, and TransUnion. com . Here are some frequently asked questions people ask about their TransUnion and Equifax scores. Experian might offer more comprehensive identity theft protection services. Here’s how the score ranges are broken down: 800-850 – Excellent. Even then with the different algorithms, the variance between the two scores should be between 7-10% or even less . Poor credit: 600. 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. TransUnion Credit Score. Transunion vs Equifax - Which Credit Score Matters More? (…Credit scoring model used: There are several models out there for scoring. Of the three credit reporting agencies – TransUnion, Experian and Equifax – TransUnion racked up the most complaints. S. Experian uses the VantageScore and FICO scoring models like the other credit bureaus. It is also very popular. Order by phone. Box 740241. The three major credit bureaus, Equifax, Experian. In 2021, Equifax logged a record-setting $4. It's also the least friendly to those just starting out building credit. The Equifax credit score is based on credit data from Equifax, while the FICO score is based on credit data from all three major credit reporting agencies. How It Works. Each model company has several models: More than 9 for FICO, 4 I believe for Vantage. If not, Credit Karma & Borrowell are your main go to then. Credit score concerns accounted for slightly more than half of all complaints sent to the federal agency in 2020 and 2021, the nonprofit consumer advocacy group found. See moreTransUnion and Equifax are two of the three major credit bureaus that generate credit reports and scores for lenders. One other thing to note is that the length of your credit history used by the 2 credit. com. — I'd like to have 775+ score around this time next year. 6 million lawsuit stemming from uncorrected errors on an. Generally, both bureaus use the 300 – 900 score range for evaluation. This score also ranges from 300 up to 850. 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. FICO ® Score 4 (TransUnion) As you can see, each of the three main credit bureaus (Equifax, Experian and TransUnion) use a slightly different version of the industry-specific FICO Score. See your credit score now and stay on top of it with updates available daily. 0. Only Credit Report costs Rs. So it is not so much that Credit Karma. 95/month for two adults. call 1-877-322-8228, or. Highlights: Checking your credit history and credit scores can help you better understand your current credit position. Based in. Which is more accurate Experian or Equifax? The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. Equifax vs. Know your score. The bottom line on whether Credit Karma is accurate. : Equifax, TransUnion and Experian. It may be on your statement, or you can access it online by logging into your account. Simply put, there is no “more accurate” score when it comes down to receiving your score from the major credit bureaus. Credit scoring at Equifax works in largely the same way as the process works at Experian (and TransUnion). Stay up to date. 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. 6 million in restitution to consumers, and fines totaling $5. The three Nationwide Credit Reporting Agencies (NCRAs) – TransUnion (NYSE:TRU), Equifax® (NYSE:EFX), and Experian (LON:EXPN) – are reinforcing their commitment to the financial health of U. If you’re looking to get a mortgage, you will want to aim to have a credit score of at least 600. How Accurate is Your Credit Karma Score? Your Credit Karma score, which is generated using the VantageScore model and data from TransUnion and Equifax, is updated every week, so it should be accurate. 0 model. This is by far the most comprehensive database of consumer financial insights available in the market. One of the scoring models that TransUnion uses to calculate credit scores is VantageScore® 3. TransUnion and Experian, on the other hand, use a “reactive credit reporting model. 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. TransUnion uses the VantageScore® model when calculating your credit score, based on a range of 300 – 850. You can also register for Equifax Core Credit for one free monthly credit check. The big three consumer credit bureaus most people are familiar with include TransUnion, Equifax, and Experian. 550. 95/mo after Go to Site More Details. Although your scores in the two credit scoring models should be similar, it makes sense to check the score lenders are more likely to use. 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. Last edited: Sep 27, 2017. 300-900. 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. The Experian Smart Money ™ Debit Card is issued by Community Federal Savings Bank (CFSB), pursuant to a license from Mastercard International. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 –. TransUnion and Equifax are two of the three main credit reporting agencies in the U. Alerts when key changes are detected in credit report. This is similar to Equifax, and you will get detailed information on your credit report and score. Don’t be worried if that’s the case. It is also very popular. Its scores are used by more than 2,600 financial institutions and 9 of the 10 largest banks. Blog. 34 comments.