Why Are My Credit Scores Different When Company's Run My Credit Report

There are a few reasons why your credit scores may vary when different people or entities pull your credit report:

1.Different credit scoring models: As mentioned earlier, there are different credit scoring models, such as FICO and Vantage Score, and they may use different algorithms to calculate your score. Therefore, the score you see from one model may be different from the score you see from another.

2.Different versions of the same credit scoring model: Even within the same credit scoring model, there are different versions that may use different algorithms and weigh credit factors differently. For example, FICO has different versions for different types of credit, such as auto loans, credit cards, and mortgages.

3.Time of credit inquiry: Your credit score may change over time based on your credit activity, so if someone pulls your credit report at a different time than someone else, your score may be different.

4.Different credit reporting agencies: There are three major credit reporting agencies - Equifax, Experian, and TransUnion - and they may have slightly different information in your credit report. Therefore, if someone pulls your credit report from a different agency than someone else, your score may be different.



5.Errors on your credit report: If there are errors on your credit report, such as incorrect personal information or inaccurate credit history, it can affect your credit score. Therefore, it's important to regularly check your credit report for errors and dispute them if necessary.

Overall, it's common for credit scores to vary slightly between different credit reporting agencies or credit scoring models. However, if there is a significant difference in your scores, it's important to review your credit report and credit history to ensure that there are no errors and to identify any areas where you can improve your credit.