Car Loan

casavl

Hi,

I am looking to apply for a car loan, heres the problem...

My credit score is higher on Experian than it is on Equifax, I have 2 defaulted accounts one that was settled years ago and one that was just defaulted last may. Clearly the new default has not shown on Experian which explains the higher score.

Doing a soft search on Experian they have come to the conclusion that I have an 80% chance of being approved for a loan with AA (broker) obviously AA use experian however their loans are provided by Bank of Ireland who use Equifax. I'm just wondering if Is it worth applying for, would Bank of Ireland ultimately be the ones making the decision on whether to give me the loan?

Or should I just apply for a loan with a bank that use Experian?

Please help

[Deleted User]

casavl wrote: »

Clearly the new default has not shown on Experian which explains the higher score.

Are you guessing the default doesn't appear on Experian be wise of the scores, or have you checked?

The scores and data are entirely different things. The data is what lenders will use, the scores are for entertainment value only, like psychic hotlines.