I recently obtained my 3 scores through TrueCredit (Transunion). I've discovered from a mortgage company's pulling my credit that they differ (not in my favor) by 100 points. (the TrueCredit score) was 100 points high. Anyone know whats' the story?
The story is that there are many different scoring models, and the mortgage industry has their own developed just for them.
I believe there are even multiple mortgage models. Besides, the scores from the sites like TrueCredit are not true FICO scores. You can only get FICO scores at fico.com
Even then, you're scores on MyFico will vary from what a lender will see. There are a multitude of FICO based models alone and each vendor (Kroll, Credco, etc.) use different ones. With that said, True Credit scores are largely worthless. It is still a good service though.
For a mortgage over $150k they can pull a "residential mortgage credit report" or "full factual" that goes back farther than 7 years. That may be your problem.
Name Not "True Scores" That's for sure...however, I suspect it is an intentional game to encourage people to pursue use from commercial lenders. (who pay larger fees). Incidentally, my lending needs are WAY under $150K. However, due to my FICO score, I am having trouble nevertheless.
