Credit Report vs Credit Score

What is actually the difference between a credit report and credit score? We did the resarch for you to pull up the most interesting resources on the subject.

Credit Score vs. Credit Report: What’s the Difference? (bankrate.com) – Nov 21 2014

Topics: credit bureau, credit score, credit card, Credit sesame, Credit, FICO, current and past credit accounts, payment history

  • Credit report: Credit reports provide a detailed history of a person’s current and past credit accounts and debt, third-party collections, certain public records and requests by lenders for the credit reports.
  • Yes, mortgage lenders pull three credit scores based on credit reports from each credit bureau and use the middle score for qualification.
  • Yes, auto lenders look at credit scores to determine approval, interest rates and loan terms.

Differentiating Your Credit Score vs Credit Report | Credit.com (credit.com) – May 14 2019

Topics: credit card, FICO, Experian, Credit.com, Good credit, report card, credit score, Credit Report

  • Because there are three major credit bureaus-Experian, TransUnion and Equifax-you get different credit scores from each credit bureau.
  • Typically, many people have three credit reports, one from each of  the major credit bureaus : Equifax, Experian and TransUnion.
  • Multiple available, including multiple versions of FICO scores and VantageScore scores One from each of the agencies per year from AnnualCreditReport.com

Here’s are the main factors that go into a credit score: Payment history accounts  (35%) Credit utilization rate  (30%) Credit history  (15%) (credit.com)

Credit Score vs. Credit Report – Wells Fargo (wellsfargo.com)

Topics: Wells Fargo, FICO, credit card, credit report, credit score, credit accounts, reporting agency, Credit inquiries

  • If, once you have your credit score from all three agencies, any of those numbers are drastically different than the others, you may want to look closely at your credit report to see if there are any errors which you can dispute.
  • Wells Fargo now provides access to FICO ® Credit Scores to eligible customers.
  • You must be the primary account holder of an eligible Wells Fargo consumer account with a FICO ® Score available, and enrolled in Wells Fargo Online ® banking.
  • Eligible Wells Fargo consumer accounts include deposit, loan, and credit accounts.

Do you know the difference between your credit report and your credit score? If not, you’re not alone. It can be easy to see these two related items as one and the same. However, if you take a closer look, you may start to see differences in how they may impact your financial health. Here are some answers to a few common questions you might have: (wellsfargo.com)


FICO Scores vs. Credit Scores: What’s the Difference? | Credit Karma (creditkarma.com) – Jun 01 2018

Topics: scoring model, TransUnion, credit reports, credit bureau, Experian, FICO, credit score, VantageScore

  • The money we make helps us give you access to free credit scores and reports and helps us create our other great tools and educational materials.
  • Your credit scores can vary depending on which scoring model is used and which consumer credit bureau report – Equifax, Experian or TransUnion – the scoring model pulls your information from.
  • Here are some things to know about your scores – whether you get your FICO® credit scores from your credit card or bank, your free VantageScore® credit scores from Equifax and TransUnion on Credit Karma , or your scores from a different source.
  • In addition to its base versions, FICO also offers industry-specific scoring models (and scores) for distinct credit products, such as auto loans, credit cards and mortgages.
  • You can check your VantageScore® 3.0 credit scores from TransUnion and Equifax for free on Credit Karma, as well as your credit reports from TransUnion and Equifax.