What three credit scores are there

That means the credit scores they accept may vary depending on that criteria. Credit scores may differ between the three major credit bureaus Equifax, Experian and TransUnion as not all creditors and lenders report to all three. Many creditors do report to all three, but you may have an account with a creditor that only reports to one, two or none at all. In addition, there are many different scoring models available, and those scoring models may differ depending on the type of loan and lenders' preference for certain criteria.

Here are some tried and true behaviors to keep top of mind as you begin to establish — or maintain — responsible credit behaviors:. You can also create a myEquifax account to get six free Equifax credit reports each year. A VantageScore is one of many types of credit scores. If you find information you believe is inaccurate or incomplete, contact the lender or creditor. You can also file a dispute with the credit bureau that furnished the report. Our Products. One-time Credit Reports Be prepared for important transactions.

How Can We Help. Credit Scores. Credit Reports. There are three main credit bureaus: Experian, Equifax and TransUnion. Below, CNBC Select reviews common questions about the credit bureaus so you can be more informed when applying for a new card. A credit bureau is a credit reporting agency that aggregates information about your credit history into a credit report. This typically includes payment history, number of credit accounts and length of credit history.

Information in your credit report is shared with financial institutions and other parties, such as real estate and auto companies, when you apply for credit cards , mortgages and auto loans. Credit bureaus do not make lending decisions; they only collect and provide information to lenders. Lenders use this information to determine your eligibility for credit.

If you've ever checked your credit score from various sites, you may notice that it is rarely the same — but that's normal. Your credit score can differ for a few reasons. First, each credit bureau has different information on your credit report, depending on how frequently they update your information and how far back they extend their inquiry into your credit habits. Each credit scoring model calculates risk differently, which results in score variations depending on which model the credit bureau uses to calculate your score.

Get insight into the factors that may be impacting your credit risk level, and learn the details about the items that appear in your Experian Credit Report. Support is available toll-free 7 days a week.

If the scores vary based on the same scoring model, then Credit Report information could be different at each of the 3 bureaus. For example, one bureau may have 6 hard inquiries on its credit report, another may have 2, and the last bureau may have 4.