Higher credit scores generally result in more favorable credit terms. They might also weigh your information differently depending on the type of credit account for which you've applied. Suzanne Kvilhaug. The scores currently showing on my credit karma account are 720/723 for Transunion and Equifax respectively. The scores and credit report information on Credit Karma come from TransUnion and Equifax, two of the three major credit bureaus. Similar numbers. The answer is easy. wrote: Why is my Experian score 74 points lower than my TU and Equifax scores? It reports the same stuff as the other 2. Good habits, such as making payments on-time and using less of your available credit, among others, can help you improve your credit health over time. But if you’re looking to take out a loan anytime soon, we still. An "official" credit report is the one that a lender pulls direct from equifax or transunion. . Score: 4. They are my spouses cards and we share the same address and last name, of course. On the other hand, TransUnion’s CreditVision Risk Score looks at data over the past 24 months. It was a Verizon account paid in a BK that was d/c 4/4/17. Why is my Equifax score lower than Experian? This is due to a. Great chance you are comparing a score from Credit Karma with a range of 501-990 versus the score your bank is using. However, these agencies may use this model to weigh each factor differently. Right there your credit score will appear. Equifax is 100 points lower than TransUnion. ). It's important to know that you have more than one credit report. Here’s why. . Since there are so many free credit score resources out there, you should know that FICO is the most widely used credit score among lenders. For more information please visit us at and book an appointment today. Then you at least know the EQ and TU scores are FICO's. Even if the two bureaus received. 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. ERS 2. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. My Experian is looking pretty tidy. For example, Experian puts a 35% emphasis on your payment history, whereas TransUnion puts a 40% emphasis on this category. I wouldn't worry about it. TransUnion uses a 7 year credit history while Equifax calculates it based on a time interval of 6 years and 9 months. The information is compiled into a credit file. In my experience, I've found Equifax is generally more thorough than Transunion. In contrast, TransUnion offers a free plan, as well as a subscription plan that costs $24. So, if you have a $4,000 credit limit, your balance should remain below $1,200. That applied to both individuals and family plans. Updated: Aug 03, 2023 Why Your Credit Scores Can Vary So Much at Equifax, Experian, TransUnion Learn why credit scores from TransUnion, Experian and Equifax credit bureaus can be so. Why is my Equifax score lower than TransUnion? The credit bureaus may have different information. I just applied for a new car loan, and - despite my published Equifax score of 780 - was surprised to be offered a rate lower than the rate reserved for "excellent" credit. So if Equifax has access to different information about your credit than TransUnion, your scores from each of the bureaus might also be different. By law,. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. Q: I just checked my credit score and my TransUnion score is 20 points lower than the others. When the scores are significantly different across bureaus, it is likely the underlying data in the credit bureaus is different and thus driving that observed score. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. 10% new credit. Generally, anything over 556 is an acceptable credit score. Even though the precise number of the ranges might vary, in practice, the differences aren't major: The higher your credit score, the better. A credit scoring model like FICO or VantageScore evaluates your Equifax credit report and. 0 and 4. Why is my Equifax so much lower than TransUnion? The lower Equifax number is a common concern for many people. Each company uses their own proprietary means. Maybe some small difference, like if you get a hard pull, it may only be on one but not the other. Most of the time, scoring differences are not unusual because there are differences in the information on file at the credit bureaus. I work at a credit union and can tell you we only report to Equifax and Experian. Score: 4. The key thing to understand is the difference between a credit bureau and a scoring model. Credit scoring at Equifax works in largely the same way as the process works at Experian (and TransUnion). My suggestion is pulling the EX report and really going over it line by line, comparing it to your other reports. A one-time report from a single credit bureau, whether it's Experian, TransUnion, or Equifax, costs about $20, though you can get a report from all three for $60. The reason why TransUnion score is higher than Experian score is because they use different data models to assess creditworthiness. Everyone’s ability to interpret information differently just makes it nebulous and less than useful for the consumer. The actual service level is comparable with Equifax, but the subscription price is $10 per month lower than Equifax. Experian and Transunion are usually much higher, but neither really tops the other consistently. In my experience, equifax is always lower than Transunion (mine is 40-50 points lower last I checked) Two different companies with two different products and methods of coming up with scores. Why is TransUnion credit score lower than Experian? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at. The most common scores range from 300 points to 850 points. 300-900. Of course, getting at or close to 0% is best. Cost of the Report. These are what you see when you look up your. Why is my TransUnion and Equifax score different? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. Equifax ID Patrol™ Help better protect your identity and stay on top of your credit. The other two only report the name of your employer and do not add any weight to that fact. VantageScores above 780 are considered “superprime” while those between 601 and 660 are “near prime. But at my credit union, I have access to two different score models. Lenders like to see that the outstanding total balance on your credit cards is below 30% of what you have available. They might also weigh your information differently depending on the type of credit account for which you've applied. Since then TU has been the laggard of the three most of the time. 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. One uses FICO Score 9 based on data in my Equifax credit file. My Equifax (from Borrowell) is consistently 80-100 points lower than my TransUnion score (from CreditKarma/BMO), despite both reports showing the same credit accounts, inquiries and lack of collections or other negative items. The other two only report the name of your employer and do not add any weight to that fact. Why is Equifax lower? Your Equifax score is lower than the other credit scores because there is a slight difference in what is reported to each credit agency and each one uses a slightly different method to score your data. Above 800 = Exceptional. And even though the credit bureaus may have the same information, each bureau has proprietary algorithms that might score you differently. . In this case, there might be a brief period where your Equifax credit score is significantly lower than your TransUnion credit score. You were the victim of identity theft. On the home page, click on "View All Products. Experian says it would be “unusual” if your credit scores align. FTC's website on credit. Partly because FICO makes many scoring models, and also because the data that goes into the model could come from three different places. This is just to let the consumer. Your Equifax score can be lower than your TransUnion score for a variety of reasons. . Credit Karma says it's using Equifax and Transunion, and both of these agencies are showing similar scores. Regarding credit reports, Equifax includes 81 months of credit history, whereas TransUnion includes 84 months. Here are some reasons a score can drop: Using more of your available credit. Also, back in the FICO 04 days, the algorithms were customized for each CRA. FICO defines the following credit ranges based on FICO® Score 8 credit scores: Exceptional: 800+. Why is my Equifax score lower than Experian? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. Why is my Equifax score lower than FICO? 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. Users of TransUnion eCredable Lift can report their utility bill payments, resulting in an overnight improvement to their credit scores. Why is my Experian score so much lower than TransUnion and Equifax? Reasons Why Your Credit Scores Differ From Bureau to Bureau – It’s unlikely that you’ll have the same credit score across each of the three credit bureaus. In fact, there are several reasons why your scores from Experian, TransUnion and Equifax are typically different. The base FICO ® Scores range from 300 to 850, while FICO's industry-specific scores range from 250 to 900. The other two only report the name of your employer and do not add any weight to that fact. 5/5 (35 votes) . Why is Equifax always lower than TransUnion? Neither score is more or less accurate than the other; they're only being calculated from slightly differing sources. Here are the services that. Your Equifax credit. Amex primarily pulls Experian, though sometimes Equifax or TransUnion reports. While lenders use these reports and credit scores to decide whether or not to extend you credit, it leaves a lot of room. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. Deriving from the name of its founder–the Fair Isaac Corporation – the FICO score is a general purpose credit scoring system that was created with the intent of eliminating inconsistencies between each lender’s own system. This is why your score can be so different with each one. Credit Karma only uses Trans Union data so it does not take into consideration Experian or Equifax data which can be different. I called Equifax to find out why they were vending a different credit score to the lender than to me. And less accurate for the lender ultimately. 300 to 579 (poor credit): Most lenders will reject applications from borrowers with a score in this range. My CreditWise score as of 9/12 is. 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. Equifax and TransUnion have access to different. 580 to 669 (fair credit): Some lenders will work with consumers with fair credit. Lenders are generally checking your FICO score, which is yet again different than either the Equifax or Transunion. These factors are likely to yield different credit scores, even if your credit reports are. This is no different when it comes to Equifax vs. If your total credit limit across all your cards were $10,000, you’d want to keep your total balances below $3,000 to limit the negative impact on your score. TransUnion however gives me a credit score of 780 and Equifax a credit score of 730. I painstakingly fixed my credit score after several years of lousy credit and monitor my score regularly through CreditWise from CapitalOne, which is based on TransUnion, and from USAA which uses Experian. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. Why is my Equifax score 100 points lower than TransUnion? You might expect all of your credit reports and scores to be the same, but they are usually not. Re: Why did Equifax Credit Score Drop 9 Points For No Reason/TransUnion Stayed stable. For example, let's say you're going to buy a house. The higher the number, the more trustworthy the consumer appears to be. 95 per month. Transunion Vs. 9. 550. But industry-focused FICO ® Scores range from 250 to 900, and VantageScores 1. Very good: 740 to 799. Equifax uses the Equifax Risk Score, while TransUnion uses the CreditVision Scoring model. Meanwhile, VantageScore 3. This difference in emphasis can decrease or increase your credit score. 0 in July 2021 was 693. Another invisible difference between these agencies is the data collected. So, you may have loan A which is reported to Experian, while loan B is reported to Equifax. Using a variety of factors, the company will give you a three digit score ranging from 300 (lowest possible) to 850 (highest possible). Frequently applying for credit card or loan offers can certainly cause a drop in your credit score. Good Morning, Apologizing in advance if this question has been asked previously. Here’s how the score ranges are broken down: 800-850 – Excellent. But one of the above comments is right. Third parties use many different types of credit scores and. Re: Transunion credit score is 35+ points lower than Experian and Equifax scores. company, sells its score to both Equifax and TransUnion. So if you don't see Equifax in. In general, the higher your score, the better your chances of getting approved for credit cards or loans with more favorable terms, including lower interest rates and fees. Would love to know the answer! Hello - 1303709Understanding credit score ranges. However, interest rates will be higher, and the loan amounts will often be lower. You’ll be able to attach supporting documents to your dispute if you submit it directly with TransUnion. TransUnion is bringing up the rear among the three. My Transunion scores have always been the highest of the three. Yeah and I wish they'd explain exactly what they did wrong. Identity Guard. The other uses VantageScore 3. Source: Based on the VantageScore, FICO score, Equifax, and Experian credit score range model. FICO scores are calculated based on five categories that each make up a percentage of your score: 35% payment history. They’ll likely be slightly different, and it’s possible they could be very different. 45. 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. Your Experian, Equifax and TransUnion credit reports should be fairly similiar. The Bottom Line. The Equifax is not a FICO score. Your score can then differ based on what bureau your credit report is pulled from since they don't all receive the same information about. between my two scores could stem from the fact that Equifax reports a slightly longer history and more accounts than TransUnion. Since then TU has been the laggard of the three most of the time. The Equifax credit score you receive from the Borrowell website is generated directly from Equifax and is called the Equifax Risk Score 2. Why are my credit scores. " On the next page, click on the "Reports Only" tab. 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. There are many different types of credit scores and scoring models. It is really affecting me getting an auto loan. Borrowell pulls data from Equifax and CreditKarma pulls data from TransUnion. You also have an Equifax FICO® Score 8 and a TransUnion FICO® Score 8. That’s because the lender may be using a FICO score based on data from a different credit bureau. VantageScore 3. This means that your credit score may differ even with the same credit history. CreditWise uses TransUnion’s VantageScore 3. Equifax's different credit scoring model results in lower scores. Equifax, Experian and TransUnion are the three credit bureaus responsible for reporting your credit score. On Credit Karma you’ll see scores and reports from TransUnion and Equifax, both using the VantageScore 3. Why is my Experian score so much lower than TransUnion and Equifax? This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. 95 per month and include daily credit updates, recommendations, credit locks, monthly tips and more. Taking a 290K loan, I have been paying $1900/month for almost 1. Message 3 of 6. Fiance's scores are 770 and 760 for Equifax and TransUnion respectively. All you need is to follow the steps below: Login to your CIBC account on the mobile app. Length of credit history: 15%. That’s because most issuers report credit. g. To get your updated score, simply access ‘My Profile’, click ‘Credit Score’, click ‘Get your score’, click ‘See your credit score’ and that is you opted back into the feature. Equifax. JUST NOW I ran my credit reports from all three agencies -- Experian, Equifax, Transunion. Equifax, meanwhile, uses its own scoring model with a range of 280 – 850, with “good” being 670 – 739 and higher. Good: 670 to 739. Finally, let’s address what might be the most frightening reason for a drop in credit scores: Someone could have stolen your identity and applied for (and opened) credit accounts in your name. 6/5 ( 59 votes ) If you file a dispute regarding information on your Equifax credit report, you can generally expect to receive the results of the investigation within 30 days. Like all credit-reporting agencies, TransUnion and Equifax use. Why is my Equifax score lower than TransUnion? The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. I'm at 705 TransUnion, but I'm at 588 on Equifax. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. In my experiance, they seem to be more up to date on your payment history, but not your balance. TransUnion includes personal information and employment data, while Equifax focuses more on credit behavior and traditional credit data. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. That applied to both individuals and family plans. First, a CK score is a VS score (not a FICO score) so it's unmeaningful and shouldn't be worried about. It could be because of a high reported balance on a credit card account, a new application for credit, or a sign of identity theft. This data is then distilled and calculated to create your credit score. The main difference is Experian grades it between 0 – 1000, while Equifax grades the score between 0 – 1200. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit. Different FICO models can produce very different scores. Vantage scores are fickle things, anything could make the score change, heck the weather might affect for all I know. The higher a score is on this scale, the better indication that the consumer poses a lower risk to creditors. My Equifax report still lists my employer as "Parental Allowance" from when my parents helped me get my first credit card at 18. Credit takes time to grow. That's funny. If you plan on applying for credit, make sure to check your FICO Score since there’s. 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 average VantageScore 3. FICO® Score 8 may punish numerous late payments more severely than previous versions. Credit bureaus are companies that collect consumer credit information. 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. Why is my TransUnion score lower? Your credit scores are calculated using information in your credit reports, so it's normal to see your score change as lenders provide updates to that information. These are FICO 8 scores. TransUnion is bringing up the rear among the three. Why is my TransUnion score so low compared to Experian? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and. Re: Equifax Score Not Updating. Credit score range. If you’re wondering why your Experian score is lower, you’re in the right place. My Equifax FICO dropped 21 points because of this. Additionally, your score may fluctuate over time due to changes in your credit report. Re: Why is my Equifax so low. For auto and personal loans, banks usually ask only one of the three big credit-reporting firms — Equifax, TransUnion or Experian — for a score, Bingham said. It falls below the national average FICO ® Score of 710, and solidly within the fair score range of 580 to 669. When a lender runs your credit, they’ll usually see your three FICO scores from Experian, Equifax and TransUnion. If we didn't, seemingly normal credit usage today would be considered a higher risk than in years past. The score from Experian is FICO 08 scored as well. Even large deviations between credit scores from. "The most widely used credit scoring model is the FICO 8, which is used by the three largest credit bureaus, Equifax, Experian, & TransUnion (The Big Three). Each company has its own method of collecting financial information about you, and the. The Equifax credit score model falls on a credit rating scale that starts at 280 and ends at 850. Experian utilizes the FICO scoring model while TransUnion scores are based on the VantageScore model. Even if they have the same accounts and balances they may classify them differently. This is because your total available credit is lowered when you close a line of credit, which could result in a higher credit utilization ratio. The credit history reflected on your credit reports and scores can directly affect your ability to get credit. Hello - I'm using CreditKarma to monitor my credit, for over a month now my credit scores have differed by nearly 100 points. ”. Score: 4. Experian should give you the negative reason codes that are holding or suppressing your scores if you click on your FICO8 score. The other two only report the name of your employer and do not add any weight to that fact. A “good” score may rest in the 661 – 720 range. FICO 8 is more. 5/5 ( 12 votes ) The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. There are a number of reasons for this. Different scores use a different scoring model and are the reason why they vary. I signed up for experians free credit report which includes your actual FICO score - I really wanted to know this number as I've read that Chase uses Experian scores for ecredit consideration and I was recently rejected for a Chase Saphire card. I thought 900 was a hypothetical score, like someone bowling 300. The reason that this score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data. Note that a credit report =/= credit score. Not on the electoral register (due to a muck up in my local office but soon to be rectified) but that should push me up. Why is my Transunion score 35+ points lower than my other scores and is there a way to dispute the score calculation? (I have 6 additional hard inquiries on my Transunion report that are 1-2 years old and I think those might be affecting my score, even though they are over 1 year old). The other two only report the name of your employer and do not add any weight to that fact. TransUnion. Experian. 3 Bureau Credit Report & FICO Score: For $39. “It was close to 730. ”. A good score with TransUnion and VantageScore® 3. Over the past couple of months, I have watched both my Experian and Equifax scores shoot up significantly, and yet my Transunion score has only gained a small few points, and actually dropped, even more. Score differences are very common and are usually the result of small variations of when information is reported and how it is weighted . Below are three VantageScore 3. 280 - 850. It however is still being marked as an open collections account. Or, if you have an account that is incorrectly reporting a late payment, then this will cause a huge hit to the payment history portion of your score. Equifax vs. My VantageScore number is 41 points lower than my FICO score -- still lower, but a less drastic difference than what Brian saw. Fair: 580 to 669. Experian offers free access to credit scores and credit reports. If your total credit limit across all your cards were $10,000, you’d want to keep your total balances below $3,000 to limit the negative impact on your score. I am and have been getting alerts from Myfico about a lot of changes in my TU and EX since the beginning of February. On Credit Karma, my score are 797 and 806 for. It’s also important to note that credit scores are only sometimes 100% accurate and can vary. These scores are not provided by Credit Karma. Why is my Experian score so much lower than credit karma? 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. One uses FICO Score 9 based on data in my Equifax credit file. The whole credit industry is weird. FICO ® Scores have been updated to reflect this change in behavior. Why is my Equifax credit score 37 points lower than my Experian score, and 47 point lower than my Transunion score? I have compared all 3 of my credit reports. Some report to all three. When a lender runs your credit, they’ll usually see your three FICO. The reason that your Equifax score is lower than your TransUnion score is based on the fact that TransUnion adds personal information and employment data that is weighted into their model. For example, the number of accounts you have or your payment history may be scaled differently depending on the agency. In fact, 90% of lenders check FICO Scores rather than any other types of credit scores, though VantageScore is rapidly gaining popularity. The most common scores range from 300 points to 850 points. The CRA each calculate their scores uniquely so they do tend to move differently for different things. FICO 5 relies solely on data from the credit reporting agency Equifax, while FICO 8 uses data from all three major credit reporting agencies: Equifax, Experian, and TransUnion. There is now, an almost 50 point difference, in the negative, between my Transunion score and the others. Re: Why is Experian so much higher? @C-XRS2005 wrote: only the one was from there, the other were from myfico. In other words, your credit utilization rate is how much of your available credit you’re using at any given time. So, it's possible that Equifax and TransUnion could have different credit information on your reports, which could lead to your TransUnion score. 95 per month to $19. This is because individual consumer reporting agencies, credit scoring companies, lenders and creditors may use slightly different formulas to calculate your credit scores. 95, but it is a little hard to find. The lower Equifax score compared to TransUnion can be attributed to the different factors and weighting used in their credit scoring models. There’s a difference in algorithms between TransUnion vs. This month I've had two statements reported on Feb. Multiple late payments matter more. 5 reasons your FICO score may be lower than your credit score. Therefore, there are other reasons why the numbers. Would these all be the same? Not necessarily. Why Is My Experian Score So Much Lower Than Transunion And Equifax. There are two plans available: eCredable Lift for $24. At first, VantageScore credit scores featured a different numerical scale (501 to 990). Why is my Equifax score much lower than TransUnion? The credit bureaus may have different information. Yes, equifax and transunion from credit karma so vantage score 3. And a lender may report updates to different bureaus at different times. That’s the highest factor percentage, which means it’s critical to pay bills on time with no exceptions. 0 scoring model. General FICO ® Scores range from 300 to 850, and so do VantageScore 3. Lenders can use any of the credit reference agencies to check your credit score in the UK. A credit score is a three-digit number, typically between 300 and 850, designed to. It is also important to note that lenders might send their reports at different periods of time, so it is possible that TransUnion might have fresher updates than Equifax and vice versa. Why is Equifax lower than TransUnion? The lower Equifax number is a common concern for many people. It should just be math. The other two only report the name of your employer and do not add any weight to that fact. Secured credit cards are a special type of card that requires a cash deposit to insure purchases made with the card. Banks, credit card companies and other lenders would be reluctant to approve credit to individuals with a low score as they are nervous about the potential for repeated defaults on payments. It also impacts your cost of borrowing. TransUnion’s credit monitoring services cost $24. We’ll explain what a credit bureau is, why Experian, Equifax, and TransUnion show different scores, if one bureau’s score matters more than the others, and ways to improve or build your credit score. Why is my Experian score 100 points lower than TransUnion and Equifax? If you have an installment loan that reports only to Experian, your Experian credit score may be very different Equifax and TransUnion. Good: 670 to 739. Capital One doesn't have a favorite — but often pulls more than one. It provides two scores, one based on credit bureau data from Equifax and the other based on data from TransUnion. For example, a mortgage lender may look at a different credit score than your bank when they are deciding whether to grant a credit card or a new credit limit. I think this is due in part to (1) some of my inquiries hit only Equifax rather than TU, and (2) for some bizarre reason, Equifax isn't calculating my age of accounts (it says N/A or something like that), nor is it accurately reporting my credit limit. Both FICO and VantageScore assign higher credit scores to consumers deemed as lower-risk borrowers, and both currently range from 300 to 850. A 700 score places you right in the middle of the good range, but still slightly below the average credit score of 711. This purchase is only good for a one-time view. Hard inquiries help your lenders track how frequently you have applied for credit and can cause. I have 596 Exp and 670 with the other 2. THere are many more than that. Here’s the short answer: The credit scores and reports you see on Credit Karma come directly from TransUnion and Equifax, two of the three major consumer credit bureaus. My Equifax Dispute. They are two different companies that offer two different, albeit similar, products. Both companies collect credit information on individual consumers, which they sell to lenders and. In Nate’s case, Credit Karma was accurate enough to say that he had an excellent credit score, but wasn’t perfect. A person’s Experian credit score may be lower than their TransUnion or Equifax scores for several reasons. FICO. 0 on Credit Karma will likely be different from your FICO Score that lenders often use. Each credit bureau will have a different credit score for each individual. Both Equifax and TransUnion have scores that range between 300 and 900 in Canada. We are Indianapolis’s only Licensed, Bonded & Insured full service credit consulting company, InCreditable Advisors, give us a call today and let us help you improve your credit at 317-202-1297 to schedule your appointment today. But Canadian consumers cannot access their. wrote: wrote: I'm in the same boat. Why is my Credit Karma score higher than my actual score? 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.