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equifax FAQ
Equifax offers you your FICO score, the others do not. 90% of lenders go by your FICO score.
FICO could be lower, because it is a more accurate view of what you got. My TU is always the highest, my experian alwasy the lowest and my EQ
As for the lower Equifax score, it could be a number
This should help you to understand how credit scores work..
FICO scores from 300 to 850 and Vantage scores from 501 to 990.
Here is the breakdown for both systems.
Vantage Plus system scores from 501-990.
Equifax will contact the company that reported the negative information. They will require that company to provide proof to you that it is legitimate. If they are unable to provide this information, it will then be removed from your credit report. Equifax
If you have already filed a dispute, all you can do now is wait. Equifax will forward your dispute to the creditor and has to give them 30 days to respond. Keep in mind that the creditor does not have to provide any sort of proof. All they have to
equifax news
Equifax: Facebook, Google biggest threats
Equifax is aggressively pushing beyond its traditional credit reporting niche, not just because it sees an opportunity to earn hundreds of millions of dollars in additional revenue, but because it sees a looming threat from Facebook and other social media giants that could soon disrupt its business models, says David Webb, CIO at Equifax. Webb was recognized this week at as Computerworld Premier 100 IT Leader .
"Because there’s so much data being generated, our competition in the next wave will be the Google’s Intuits, and Facebooks of the world. They drive insights that are a potential threat to us," Webb says.
Source: Computerworld (blog)