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??

 

[anonymuos]

CIBIL ke alava duse bureaus ko banks jyada bhaav nahin dete that's the difference lol

 

[NickQ]

My crif score has been at 749 ever since I've checked it. Is this normal?

 

[CardGame]

My crif score has been at 749 ever since I've checked it. Is this normal?

Yes normal .

 

[hema220]

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

same in my case also, CRIF is around 620 while cibil is 760.

 

[Meas]

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.😅

My Score
CIBIL Oct 2019 - 859
CIBIL June 2023 - 813
CIBIL Feb 2024 - 770 (?) through SBI
CIRF April 2024 - 890

No late payment or any thing negative ..

Do they reduce score for not increasing limit, or for higher age?

 

[sidp]

My Score
CIBIL Oct 2019 - 859
CIBIL June 2023 - 813
CIBIL Feb 2024 - 770 (?) through SBI
CIRF April 2024 - 890

No late payment or any thing negative ..

Do they reduce score for not increasing limit, or for higher age?

Mostly change in algorithm.

Two levels matter
>760 for cc
>800 for better rate in hl/Pl

 

[Titlewarrior]

Mine is extremely different
Cibil-757 ( no default 100 % perfect)
Experian- 605
Equifax - 652
Crif - 668

Experian, equifax and Crif has one written off account ( an oldest default two wheeler loan opened in 2014)
So the real problem is I won’t get any HDFC credit card due to equifax ( 6 months ago I got preapproved offer but rejected) 🙁

 

[arpit10082]

Mine is extremely different
Cibil-757 ( no default 100 % perfect)
Experian- 605
Equifax - 652
Crif - 668

Experian, equifax and Crif has one written off account ( an oldest default two wheeler loan opened in 2014)
So the real problem is I won’t get any HDFC credit card due to equifax ( 6 months ago I got preapproved offer but rejected) 🙁

Mine also equifax is lowest score 729 while cibil and Experian is 770+
So no chance for HDFC card which bank uses CIBIL and Experian to give credit card

 

[JohnWick]

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

Cibil 794
Experian 767

 

[JohnWick]

Cibil 794
Experian 767

Update
Cibil 794
Experian 753

 

[SSV]

Update
Cibil 794
Experian 753

very strange, it should have been the other way around

 

[JohnWick]

very strange, it should have been the other way around

Yes it is pretty strange
I don't know what's wrong with Experian. I don't have any negative thing in credit report

 

[SSV]

Yes it is pretty strange
I don't know what's wrong with Experian. I don't have any negative thing in credit report

They had changed their algo lately.. may be it will settle down slowly in your case.

 

[JohnWick]

They had changed their algo lately.. may be it will settle down slowly in your case.

Yes, may be this is the case

 

[CardGame]

Cibil 794
Experian 767

Experian has changed their scoring algorithm recently which lowered everyone's score by 40 to 70 points. So what I said above few months back doesn't apply anymore.

 

[Zacobite]

They had changed their algo lately.. may be it will settle down slowly in your case.

cibil and others are losing relevance now.. except for defaulters whr score drops everyone seems to be 750 + including newbies with barely any history.. .was talking to someone at a bank.. he said that cibil now seems to be high for everyone and maybe banks will chg their internal benchmarks...

 

[bigbyte]

very strange, it should have been the other way around

After Experian changed its Algo, my score dropped gradually from 870 to 734 over a period of approx 6-7 months. Cibil score continues to be 810+ after a drop of 15-20 points when I closed my Home loan account.
Strange, isn't it.

 

[Zacobite]

After Experian changed its Algo, my score dropped gradually from 870 to 734 over a period of approx 6-7 months. Cibil score continues to be 810+ after a drop of 15-20 points when I closed my Home loan account.
Strange, isn't it.

same here.. my experian dropped from 870 to 820.. almost same as cibil.. now the reference ranges and relative difference between credit bureaus is ambiguous.. no definite prediction can be made

 

[SSV]

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/

As promised earlier here is the write up on CIBIL …
Thread 'CIBIL Score - A Practical Guide'
https://www.technofino.in/community/threads/cibil-score-a-practical-guide.29167/