truecredit.com discrepancies?

Question

I pay 15.00 per month to true credit (transunion) so I can keep up on my scores. They gave me a score of 683, however when trying to refi my home with my bank, they pulled my credit with transunion and were given a score of 590!! I called transunion and was unable to get a difinitive answer as to the differences. They tried to tell me how to improve my score and completely skirted around the discrepancy. All internet sites giving a score based on the "consumer model", but lenders are receiving a "business model". Does anyone know I get get a true score of what lenders receive, as this is what really matters in the long run?

Answer 1

Inaccurate scores with True Credit is pretty much the norm. (which is odd since TC is a Trans Union affiliate)
If you want an accurate picture of your scores you should go to myFico.

Scores and the reporting info on True Credit and other tri-merge's should never be looked at as being totally accurate.

Even though they are generally inaccurate, those services are good to keep a general eye on things instead of constantly pulling your credit reports or myFico scores.

And if something negative does happen to unexpectedly pop up on the tri-merge, it's always a good idea to verify it by pulling a credit report directly from the CRA before taking the tri-merge info as being true.

edited to add --

It is not unusual at all for tri-merge scores to be off 100 points, more or less, when compared to real FICO scores.

Answer 2

Lenders take fico scores from all 3 bureaus and pick the middle one. I went through something similar and couldn't get an answer on the large difference in scores....even though all my reports had consistant information. I wonder if each uses it's own scoring model. If so, that needs to change immediately.

The typical sway in points should only be 40....not around the 100 mark.

Answer 3

It is the actually credit score, but since credit score gets updated daily, your lender probably got your credit report a few days back.