There are many possibilities as to why your Experian credit score may differ from other CRBs. Key reasons include that each CRB may:
- Have their own algorithm and may interpret the data available in a different way; or
- Have access to different data as each CRB will have data that is unique to them and not all credit providers submit data to every CRB; or
- Use a different scale, for example, some use a score out of 1,000 while others use 1,200.
As a result, you may have different credit scores or ranges at different CRBs and this is normal. To help you interpret what your score means, we also provide a descriptive score band from Below Average to Excellent on your Dashboard. Scores simply act as an indication of your creditworthiness for you and for lenders. A lender may use more than just your score to assess your application.