Loan question for the class

[slappy4428]

I applied for a car loan this week from my bank and in discussing it with the loan officer, he said cited my credit score from the bureau they used.
I thought it sounded low, because I'd run my report against the three bureaus a month ago and it was 35 points higher than what he quoted.
So this afternoon, I ran my report again and the number from that bureau was the same as it was a month ago. It also showed that the bank ran the credit report this week and the balances on accounts were what they were when I paid bills this month, so it's not like things were missing.

Should there be two different numbers or did they screw up the first time?

 

[Lieslntx]

I don't know much about this sort of thing, but is it possible that the loan officer is trying to pull a fast one and get a higher interest rate by telling you that your credit score is lower than it is?

 

[slappy4428]

I don't know much about this sort of thing, but is it possible that the loan officer is trying to pull a fast one and get a higher interest rate by telling you that your credit score is lower than it is?

Could, but if it could be proven they'd be in serious **** with regulators, I would think.

 

[Pancamo]

Ask to see the credit report. They probably pulled three bureaus and use the middle score. If you are pulling one bureau it may be the higher of the three.