In recent weeks, the three national credit bureaus made the announcement that they are joining forces to create a new credit score called VantageScore. As of right now, every credit bureau, that is Transunion, Equifax and Experian, have their own credit scoring system, using different formulas.

This is why when you request your credit score from any of them, the scores sometimes are not equal. You might get a score of 720 from Transunion, while you might get a 702 score from Experian, and a 695 score from Equifax.

According to Experian,