Low Transunion Score

Matt2024

Hi all, I have an excellent credit rating (Transunion aside). My score with the other agencies is excellent, yet my Transion score never goes above 600. I am signed up with totally money (who use Transunion) and I get congratulatory notifications saying I have never missed a payment etc. I am hoping to get a mortgage in the coming months and my low Transunion score is dragging my over all score down on check my file. Transunion suggest I take out credit cards so my credit is at 15k (currently at 5k, using between 1% & 25% credit utilisation). I am aware credit bureaus use different information, but I don't understand how it can be so different. I have tried using Google to establish the cause, but all I find is a list of actions that I should take to improve my score and all the actions are already completed and have been for years. If anyone has any suggestions it would be most appreciated? Thanks in advance.

BoGoF

I suggest you ignore the made up score that nobody else sees.

MorningcoffeeIV

Matt2024 said:

 I am hoping to get a mortgage in the coming months and my low Transunion score is dragging my over all score down on check my file.

Neither your TransUnion score, nor any of the others, will have any impact on your house purchase.

CliveOfIndia

As per the previous comments, you can safely ignore the score you see on your credit reports.  It's merely a marketing gimmick to try and sell you things you don't need (like extra credit cards).  It is not used, nor even seen, by any lender.

It is important to check all three of your credit reports to make sure that the data are factually correct, and that there are no negative markers (whether correct or otherwise).  But ignore your score, along with their assessment of your credit-worthiness.  Since they're not the ones lending you money, it's irrelevant what they think of you.

born_again

Transunion suggest I take out credit cards so my credit is at 15k (currently at 5k, using between 1% & 25% credit utilisation). 

Please, Please, Please ignore that advice. All they are doing to wanting to get a kickback for taking out CC's they are getting paid to push..

In fact that will do your chance of a mortgage more harm than good.

All you need to worry about is not missing payments (Credit History)
As above the CRA are making up figures in the hope of getting kick backs from certain lenders. No actual lender see's them. They look at your history & income to available debt.
So stop looking at the figures & concentrate on the important thing. Finding your dream home 👍