Difference between Cibil Experian CRIF credit scores

[financewizard]

Is there going to be any impact because of difference between CIBIL and Experian scores?? In my case the experian score is lower and CIBIL is higher. What happens in such cases. Do banks query will all the 3 credit agencies or what happens?
If one is having a average score and one is having a good score then what happens.
Can experts please explain??

 

[jamesdolan]

Usually most banks use cibil. As long as you don't have any adverse repayment issues you should be fine

 

[Riya]

In my case CRIF is becoming a derogatory remark...
CIBIL - 780
Experian - 820
Equifax - 777
CRIF - 690

CRIF ne alag hi corner bana rakha hai apna

 

[CardGame]

Is there going to be any impact because of difference between CIBIL and Experian scores?? In my case the experian score is lower and CIBIL is higher. What happens in such cases. Do banks query will all the 3 credit agencies or what happens?
If one is having a average score and one is having a good score then what happens.
Can experts please explain??

Experian should be higher than cibil unless your cibil is above 880-890😅

 

[CardGame]

In my case CRIF is becoming a derogatory remark...
CIBIL - 780
Experian - 820
Equifax - 777
CRIF - 690

CRIF ne alag hi corner bana rakha hai apna

Crif is made for that. Let it be

 

[sidp]

Most issuers check cibil 1st. Because it is most consistent and predictable. As long as there is no negative remarks in any of them, it's alright.

In my case there is more than 200 points difference in crif and experian. 😅

 

[sidp]

Experian should be higher than cibil unless your cibil is above 880-890😅

Do you know anyone with that kind of score? Highest I've heard of someone is in low 830s. That too after more than 30years of credit history with 0 late payment.😅

 

[CardGame]

Do you know anyone with that kind of score? Highest I've heard of someone is in low 830s. That too after more than 30years of credit history with 0 late payment.

Not possible in reality for CIBIL. Just saying how generous the experian is. It can easily go for upto 890 for many

 

[sidp]

Not possible in reality for CIBIL. Just saying how generous the experian is. It can easily go for upto 890 for many

Yeah mine is 894. 🤣
It shows 0 enquiry.

 

[Riya]

I have a query.... What is the credit age criteria in these reports?
1. The oldest card/loan
2. The average age of all the cards+loans

 

[CardGame]

I have a query.... What is the credit age criteria in these reports?
1. The oldest card/loan
2. The average age of all the cards+loans

1. Oldest active card or loan

 

[sidp]

I have a query.... What is the credit age criteria in these reports?
1. The oldest card/loan
2. The average age of all the cards+loans

Oldest active credit. So if you have a card but you dont use it , it's not useful. Therefore even a single rupee of transaction is important.

And even after closure of a credit, your credit history is still considered in the equation. Though the weightage will decrease gradually. Cibil says positive history is considered until 10years of closure and negative history until 7 years of closure.

 

[Zacobite]

In my case CRIF is becoming a derogatory remark...
CIBIL - 780
Experian - 820
Equifax - 777
CRIF - 690

CRIF ne alag hi corner bana rakha hai apna

cibil is usually lower than others as it is on 850 as against 900 for others ( mostly)..

 

[sidp]

cibil is usually lower than others as it is on 850 as against 900 for others ( mostly)..

No dude all are out of 900. Just that each have different weightage for different factors.

 

[SSV]

cibil is usually lower than others as it is on 850 as against 900 for others ( mostly)..

No dude all are out of 900. Just that each have different weightage for different factors.

Yes correct. Everything is out of 900..
if interested you can check my thread which explained all credit bureaus..
I will write a separate thread just for CIBIL soon…


Thread 'My Credit Bureau Journey - An Experience (Experian, CRIF and Equifax)'
https://www.technofino.in/community...n-experience-experian-crif-and-equifax.14542/

 

[Zacobite]

Yes correct. Everything is out of 900..
if interested you can check my thread which explained all credit bureaus..
I will write a separate thread just for CIBIL soon…


Thread 'My Credit Bureau Journey - An Experience (Experian, CRIF and Equifax)'
https://www.technofino.in/community...n-experience-experian-crif-and-equifax.14542/

i stand corrected.. all are on 900..but cibil is generally lower than others

 

[Riya]

cibil is usually lower than others as it is on 850 as against 900 for others ( mostly)..

No no no.... All services are from 300-900 scale..

 

[Riya]

i stand corrected.. all are on 900..but cibil is generally lower than others

But many members have shared their experience that CRIF is mostly the lowest or rather haywire score

 

[Zacobite]

But many members have shared their experience that CRIF is mostly the lowest or rather haywire score

my CRIF is the highest of the three. so definitely no consistency there!

 

[CardGame]

But many members have shared their experience that CRIF is mostly the lowest or rather haywire score

Agree here on my case. My CRIF is just 678 while the rest of them are above 770.