Each of the three credit bureaus, Experian, Equifax and TransUnion maintain a credit file on you that lists your debts and payment history. It is possible, however, for each credit bureau to assign you a different credit score.
Facts
All three credit bureaus use the same formula to calculate your consumer credit score. If the information contained in each credit report differs, however, you will be assigned a different score by each bureau.
Features
The data contained within each of your credit reports are provided by your creditors. Not all creditors will report your debts to all three credit bureaus. This accounts for any discrepancy in your credit scores that you may notice.
Significance
Lenders are aware of the fact that your credit score may vary depending on which credit report they pull. Because of this, lenders will sometimes pull all three of your credit reports to review.
Time Frame
Each account within your credit history can only appear within your report for a limited amount of time. Even if the account was originally reported to each credit bureau on a different date, all three are legally required by the Fair Credit Reporting Act to remove the information at the same time.
Considerations
Disputing an inaccurate entry with one credit bureau and having it removed does not guarantee that the other bureaus will also remove the item. Unless you report an incident of identity theft to the credit bureaus, they will not share your credit information with one another and thus your reports are not automatically modified.
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