995 experian, 365 equifax

hughht5 · 19 March 2019 at 1:56PM

Hi All,

My first post here - I'm hoping for some help with my credit rating. I have a score of 995/999 on experian

but a score of 365/700 on equifax. There is nothing bad in my report from what i can tell and I'm not on the CIFAS list.

Is it normal to have such a perfect score on one and such a comparatively appalling score on the other?

I have nothing bad on my reports from what i can tell. No CCJs, no late payments on anything ever, several closed lines of credit from closing bank accounts. I have a credit card which i use for business expenses and pay in full each month. I have health insurance, broadband, phone contract... all paid in full on time with direct debits. I cannot find anything negative on the report and yet my score at Equifax is 'poor' vs my experian being almost perfect. I have an ok income but sizeable assets and net worth and I own my home.

I'm looking to get a mortgage fairly soon and figured I should finally try to work out why my score is so low. My credit limit on my card is still 5k and they wont event let me increase that due to poor credit.

thanks
hugh

[Deleted User] · 19 March 2019 at 1:58PM

The scores from the CRA’s are not real or used as a measure for your credit worthiness and eligibility by lenders.

So long as the data on your files is correct then that’s all you need to worry about.

Willing2Learn · 19 March 2019 at 1:58PM

Don't worry about your score because lenders neither use nor see you credit score, as it is for you eyes only. Lenders score you against the data held in your credit file, the data you submit in your credit application, added to the data the banking group may already hold on you (as an existing or old customer).

As stated by Gary, all you have to concern yourself with, is making sure the only data held in your credit files is of the positive kind.

Gaz83 · 19 March 2019 at 1:59PM

Read the sticky.

Your scores are fictional, don't worry about them. Just concentrate on the data being correct.

[Deleted User] · 19 March 2019 at 1:59PM

Both scores are made up and should be ignored equally.

As long as the data is correct on all three files, then there is nothing to worry about.

As well as your accounts, check for financial associates and ER.

Your low credit limit may be due to your income.

MEM62 · 19 March 2019 at 2:05PM

hughht5 wrote: »

Is it normal to have such a perfect score on one and such a comparatively appalling score on the other?

It is very difficult to explain randomly generated numbers. But, if you like collecting them carry on

hughht5 · 19 March 2019 at 4:36PM

Thanks everyone!!!

995 experian, 365 equifax

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