Quick Answer: Which Credit Agency Does Discover Use?

Discover provides your FICO® Score 8.

Lenders use several different kinds of FICO® Scores, depending on the type of loan they provide.

Discover provides your score from data on your TransUnion® credit report.

Scores may vary when using data from your Experian or Equifax credit report.

Which credit agency does Discover card use?

As you can see Equifax is used more than half the time with the other two bureaus nearly being pulled one quarter of the time each. Discover doesn’t have a lot of cards worth considering, mainly just the Discover it & Discover it Miles (and possibly the Discover it Secured for people with bad credit).

Does discover use Equifax TransUnion?

So it could be Equifax, TransUnion or Experian. They may even pull from more than one.

Is Discover a hard pull?

This request is called a “hard inquiry,” or “hard pull.” Soft inquiries will not affect your credit score in any way. Build or Rebuild Your Credit with Discover it® Secured Card.

What credit card companies use TransUnion?

What Is TransUnion? TransUnion is one of three credit reporting companies that offers its services to individuals and companies. The two other credit services are Equifax and Experian.

Does Discover Card report to all 3 credit bureaus?

Generally, prepaid cards and debit cards do not report to the 3 major credit bureaus. But the Discover it® Secured Credit Card reports your activity so you can build a credit history.

Who uses FICO score for Discover?

Discover provides a FICO® Score to anyone, for free.

Credit Scorecard information is based on data from Experian and may differ from credit scores and credit information provided by other credit bureaus. This information is provided to you at no cost and with your consent.

Does discover use TransUnion?

Discover provides your score from data on your TransUnion® credit report.

How often does discover report to TransUnion?

Most lenders, especially credit card issuers, report once per month to the bureaus. “Discover reports payment history to all three major credit bureaus on a monthly basis,” confirms Brittney Mitchell, a spokeswoman for Discover. But other types of lenders might report less often.

Which banks use TransUnion?

What Credit Bureau Do Credit Card Companies Pull From?

  • Amex Bank of Canada TransUnion.
  • Capital One Equifax and or/ TransUnion.
  • PC Financial Equifax and/or TransUnion.
  • MBNA TransUnion to start then Equifax if additional information is needed.
  • CAA Mastercard TransUnion.
  • Wal-Mart MasterCard TransUnion.

What credit cards use VantageScore?

A VantageScore is a consumer credit score that is a competitor to FICO. It is used by lenders, landlords and credit card issuers. A VantageScore is a credit score jointly developed by the three major credit bureaus to predict how likely you are to repay borrowed money.

What credit cards use Equifax only?

Here are some of the best credit cards that may use Equifax only:

  1. Chase Sapphire Reserve: $450 annual fee (excellent credit)
  2. Citi Double Cash: $0 annual fee (good credit)
  3. Discover it: $0 annual fee (good credit)
  4. HSBC Premier World Mastercard: $95 annual fee, waived the first year (excellent credit)

What credit cards use Experian?

Many reports also indicated Equifax pulls, though many of these were in conjunction with an Experian credit report inquiry.

  • Citi Premier Card.
  • Platinum Card® from American Express.
  • American Express® Gold Card.
  • Blue Cash Preferred® Card from American Express.

What credit score do I need for Discover Card?

There aren’t any Discover cards that flat-out require excellent credit, currently. But we recommend a score of at least 700, which is toward the top of the good range, for the cards that require good credit for approval. So most Discover cards may be a tough get for the average person, who has a credit score of 669.

What is the best Discover Card?

NerdWallet’s Best Discover Credit Cards of 2019

  1. Discover it® Cash Back: Best for Everyday spending.
  2. Discover it® Balance Transfer: Best for Balance transfers.
  3. Discover it® Miles: Best for Travel.
  4. Discover it® Student Cash Back: Best for College students.
  5. Discover it® Secured: Best for Building or rebuilding credit.

Is discover it a good credit card?

Discover has not endorsed this content in any way. The Discover it Cash Back Credit Card is quite popular. Since this card has no annual fee that means you can earn quite a profit. You’ll get a 14-month 0% intro APR for purchases and balance transfers, which is fairly good for cards like these.