Article Badge Image
Updated: Apr 01, 2024

Which Credit Score Agency is the Most Accurate?

Find out why there are so many credit scores available on the market and which one is the most accurate when it comes to applying for loans and credit cards.
Today's Rates
Super boost your savings with highest rates.
Savings Accounts up to:
5.35% APY

The world of credit can be confusing by itself. Determining whether you need more credit, how to get credit, how to maintain a good credit score, and how to find the most accurate credit score can be mind-boggling.


To make matters even more complex, your credit score isn’t just one score.

In fact, you actually have dozens of credit scores, with each possibly being an important number that creditors and those in the financial world use to grade your creditworthiness.

So, although you could get a score from one source that rates you in a high credit range, another might provide a score that is much different.

Here’s the deal:

If you’re looking at your credit scores and evaluating your credit, here’s what you need to know about the many different scoring models and where to get the most accurate credit score.

How Many Credit Scores Are There?

There are many. And knowing which credit score is the most accurate can make a big difference when you're applying for credit. On its face, a credit score is merely a numerical representation of the data in your credit reports held by the three major credit bureaus, TransUnion, Experian, and Equifax. So, that's at least three potential credit scores right there. 

Plus, there are two main credit scoring models that those credit bureaus use — FICO and VantageScore. Not to mention the credit scores that are available for educational purposes only.

Different creditors might report your activity to one or all three of these bureaus. This is another reason your credit score could vary among different providers.

Further, each company provides a credit score using its own formulas to calculate scores using the data in your credit reports.

It gets worse:

Each score can emphasize different aspects of your credit behavior.

For example:

One credit scoring company might give more weight to late payments, while another might focus more on your auto loan history or a mixture of credit.

Essentially, this means that your score can not only be confusing but also that there is no such thing as an "accurate" credit score.

Each formula uses factual information from your credit history. However, each weighs and calculates that information differently. 

Now what?

What is the Most Accurate Credit Score?

Although there are many different scores and scoring models, there is a light at the end of this confusing tunnel.

Among all the credit score models, the FICO credit score is used by more than 90% of major U.S. lenders.

You might have a different score calculated by a different scoring model with a different provider.

However, it's very likely that the lender or creditor will use the FICO score to determine if they'll approve your application for a new line of credit.

Because of this, you might want to keep your eye on your FICO score, rather than many of the others that are available, simply because this is the number the lenders care about most. A FICO score ranges from 300 to 850 (higher is better).

Credit Score Ranges and Quality

Credit Score Ranges Credit Quality Effect on Ability to Obtain Loans
300-580 Very Bad Extremely difficult to obtain traditional loans and line of credit. Advised to use secured credit cards and loans to help rebuild credit.
580-669 Bad May be able to qualify for some loans and lines of credit, but the interest rates are likely to be high.
670-739 Average/Fair Eligible for many traditional loans, but the interest rates and terms may not be the best.
740-799 Good Valuable benefits come in the form of loans and lines of credit with comprehensive perks and low interest rates.
800-850 Excellent Qualify easily for most loans and lines of credit with low interest rates and favorable terms.

You might be wondering:

What is a FICO Score?

You’ve probably heard of FICO, but did you know it goes back as far as 1989? At that time, it was referred to as Fair, Isaac, and company.

The FICO score is based on the information in your credit files, provided by the three national credit bureaus. This score is designed to take into account various elements of your financial history.

That said:

No one really knows the exact formula for calculating your FICO score, but there are certain factors that we know impact your score.

What Affects Your Credit Score?

Along with being aware of the many different types of scores and which ones are most often used by creditors, you should know how your FICO score is calculated. The factors that impact your FICO score include the following:

FICO Credit Score Factors and Their Percentages

FICO credit score factors Percentage weight on credit score: What it means:
Payment history 35% Your track record when it comes to making (at least) the minimum payment by the due date.
Amounts owed 30% How much of your borrowing potential is actually being used. Determined by dividing total debt by total credit limits.
Length of credit history 15% The average age of your active credit lines. Longer histories tend to show responsibility with credit.
Credit mix 10% The different types of active credit lines that you handle (e.g., mortgage, credit cards, students loans, etc.)
New credit 10% The new lines of credit that you've requested. New credit applications tend to hurt you score temporarily. Learn more about FICO credit score

Where to Get Your FICO Credit Score

Because there is no shortage of companies, products, and websites offering access to free credit scores, it can be especially confusing to determine exactly where to find your FICO credit score.

Fortunately, you can actually get your FICO score free with credit card companies such as Discover, Citi, and Barclaycard. You can also get your FICO score from

But here’s the kicker:

Other Places to Check Your Credit Score

Although other scores aren’t used as often by lenders, they are still useful for tracking changes to your credit and are offered for free.

If you don’t have a credit card or other product that provides free access to your score, it doesn’t hurt to track one of the other scores, even though it isn’t a FICO score.

You can also use these scores to check if you are making progress on your credit, and if there is a major decline or suspicious activity on your credit report, you can catch it right away. Then, you can at least investigate the activity and fix any issues.

Some of the other credit scores you might want to keep an eye on include the following:


This score might be one that you’ve seen in many places because it has become one of the more frequently used scores.

The VantageScore is actually provided directly by the three major credit reporting agencies, instead of a company that uses the information provided by the agencies. Your VantageScore ranges from 300 to 850.

CE Score

This score is provided by CE Analytics and is used by sites like Community Empower and

The CE Score is used by approximately 6,500 lenders in the Credit Plus network and is generally free if you want to track your credit. This score ranges from 350 to 850.

Credit Scores for Educational Purposes Only

Companies such as Credit Karma, Credit Sesame, and often provide access to different credit scores as well.

For example, Credit Karma uses TransUnion’s TransRisk New Account Score, Credit Sesame and use the Experian National Equivalency Score.

The ChexSystems Consumer Score ranges from 100 to 899, and the LexisNexis Attract Insurance Score ranges from 500 to 997.

Many of these scores are primarily for you to manage your credit and are not used by lenders.

What’s the bottom line?

Is Your FICO Score the Most Important Score?

Although there are many different scores and numbers floating around, there is one primary score that you should keep an eye on, and that’s your FICO score.

If you aren’t able to access your score with one of the free opportunities, you can also rely on some of the other scoring models to manage your credit and detect any problems right away.

If you are working on improving your credit or maintaining good credit, you can use any of the scoring models that are available and at least, get an idea of where you stand.

However, when you are ready to apply for a credit card, auto loan, or mortgage, it might be a good idea to go with the score most used by lenders and head straight to your FICO score first.