Excellent Equifax Poor Experian

stuart30

Candyapple wrote: »

Out of interest, what was causing the problem which led to the decline?

People here may come across as sarky because this question is posted on a daily basis, numerous times.

Your credit 'score' is meaningless. It exists solely as a marketing tool in order to get you to purchase further products from the credit reference agency in question, in order to lull you into a false sense of security that you are going to increase your fictitious score somehow.

The reason why you appear as 'excellent' on Equifax but in the bottom of the 'poor' section on Experian and somewhere in between on Noddle/call credit is because not every lender will report back to all 3 agencies hence there can be a world of difference shown in each report. This is why it's so important to always obtain copies of all 3 reports from the credit reference agencies to obtain the true picture.

In your case, there was obviously something being reported back to Experian that wasn't showing up on your Equifax/Call Credit files.

Excellent summary and fully agree.

However whilst same question is asked over and over does not excuse the sarky replies.

If the person is prepared to answer with a sarky reply,maybe they should have a standard reply "Credit score inst worth worrying about because...." (But surely it gives a snap shot of your credit history,chances are if very low score you"ll have nasty"s lurking on report) or simply not bother replying.

In OP"s case id look at what companies use Equifax and if possible use of of those..might not be an option but id say that his best chance of approval.

hunt85

Thanks i was a bit surprised at the replies but nevermind. Nothing on my report at all, i have applied and been accepted for 2 credit cards recently (there are reasons why i got two) and i also had a credit search done as part of a job application. For some reason experian have taken this number of searches as really.negative and equifax are not too fussed hence the difference in score. Once the mortgage company saw both credit reports via an underwriter they approved it.

stuart30

hunt85 wrote: »

Thanks i was a bit surprised at the replies but nevermind. Nothing on my report at all, i have applied and been accepted for 2 credit cards recently (there are reasons why i got two) and i also had a credit search done as part of a job application. For some reason experian have taken this number of searches as really.negative and equifax are not too fussed hence the difference in score. Once the mortgage company saw both credit reports via an underwriter they approved it.

Great news..at least you got sorted which is main thing.:T