Why is my ClearScore so different to Experian?

Asked by: Ford Cronin  |  Last update: February 9, 2022
Score: 5/5 (14 votes)

However, your ClearScore account shows Experian data, which lenders do look at. ... When you apply for credit, lenders will go directly to Experian to look at your data rather than looking at how it appears in your ClearScore account.

Is ClearScore a reliable credit score?

According to customer review site Trustpilot, ClearScore is a "great' company, with a score of 4.1 out of 5.0, based on almost 5,000 reviews. 71% of reviewers deemed it to be "excellent", with reports of good customer service and a fast turnaround time on correcting inaccurate information included in credit reports.

Is Experian credit score accurate?

Is Experian Accurate? Credit scores from the credit bureaus are only as accurate as the information provided to the bureau. ... If it is, your Experian credit scores are accurate. If your credit report is not accurate, you'll want to look into your credit repair options.

Why is my credit score different on ClearScore?

You may not have credit accounts in your name

Credit reference agencies won't have any borrowing information to base your score on. If the details you entered when you signed up for ClearScore (e.g. your name or address) don't match your financial information, we can't show you your credit report and score.

Why is Experian score so much lower?

This is due to a variety of factors, such as the many different credit score brands, score variations and score generations in commercial use at any given time. These factors are likely to yield different credit scores, even if your credit reports are identical across the three credit bureaus—which is also unusual.


29 related questions found

Is Experian usually the lowest score?

Credit scores help lenders evaluate whether they want to do business with you. The FICO® Score , which is the most widely used scoring model, falls in a range that goes up to 850. The lowest credit score in this range is 300. But the reality is that almost nobody has a score that low.

Is Experian the highest credit score?

Most credit scoring systems use a scale that ranges from 300 to 850. There are, however, some credit scoring models that go up to 900 or 950, including industry-specific scores used by certain institutions. Working your way up to an 850 credit score might sound appealing, but it isn't necessary.

Which CRA does ClearScore use?

Experian's score is out of 999, TransUnions' is 710 and Equifax, the CRA that we use here at ClearScore use, have 1000.

What is the UK average Experian credit score?

The average credit score in the UK is 383 with Equifax and 759 with Experian. There are three main Credit Reference Agencies (CRA) in the UK: Experian, Equifax and TransUnion.

Which is better Experian or cibil?

However, in India, the CIBIL business credit score has the edge over the Experian one because nearly 90% of Indian banks and financial institutions have tied with CIBIL. In short, if you own a business in India, then the CIBIL score can do more for your business when you need to get a loan from a bank, than Experian.

Which credit score is most accurate UK?

Experian is the largest CRA in the UK. Their scores range from 0-999. A credit score of 721-880 is considered fair. A score of 881-960 is considered good.

Can Experian be trusted?

Experian is trusted by millions of consumers and businesses and is safe to use. Their free and premium services are readily available but with several layers of protection to shield your information from fraudsters.

Should you link your bank account to ClearScore?

It's completely safe and secure, and you can unlink at any time. Linking your accounts gives you the option to share your data with banks, lenders and other product providers. If they have a more detailed picture of your income and spending, they might give you better deals when you apply for credit.

How correct is ClearScore?

The information on ClearScore and Noddle should be accurate. If it's not, though, you can get it corrected. If there are missed payments showing up or a line of credit listed as open you think you've closed, you need to get the information updated – or it could stand against you.

How far behind is ClearScore?

ClearScore also updates your report once a month

This means that it can take between 4-6 weeks for new information to appear on your report. So if you've recently taken out a credit card, for example, it won't show immediately on your report.

Which lenders use Experian only UK?

There are some lenders in the UK who only check for information with Experian only. These include; Co-operative Bank, Nationwide, Vanquis, Virgin Money and Yorkshire Bank & Clydesdale Bank.

What is a good Experian score?

We provide a score from between 0-999 and consider a 'good' score to be anywhere between 881 and 960, with 'fair' or average between 721 and 880. Before you apply for credit, it's a really good idea to check your free Experian Credit Score, so you can make more informed choices when it comes to applying for credit.

Why is my ClearScore different to Equifax?

What's the difference between ClearScore and Equifax? Equifax is a credit reference agency. ... ClearScore is not a credit reference agency itself: it gives you access to the data that Equifax holds on you. We do this for free, because we don't think people should have to pay to access their own information.

Is ClearScore linked to Experian?

At ClearScore, we work with Experian, one of the largest credit bureaus in South Africa. ... ClearScore is not a credit bureau itself: it gives you access to the data that Experian holds on you. We do this for free, because we don't think people should have to pay to access their own information.

Why are my 2 credit scores so different?

If you've ever checked your credit score on different websites, you may notice they vary. ... Most credit scores weigh the same factors, such as payment history, utilization rate, length of credit history, number of new inquiries and variety of credit products.

Is 933 a good credit score?

Q. What does the credit score number mean? The higher the score, the lower a risk the credit reference agency is assessing you as. 999 is the maximum, anything from 881 is good, anything between 71-880 is fair, below that is poor.

Is 888 a good credit score?

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

Is 873 a good credit score?

An 873 credit score is excellent.