what is a transrisk score?

what is the difference between a credit score and a transrisk score? im looking to rent an apartment and they want to know my credit score. and all it showed was a transrisk score of 702. can i rent an apartment with this?

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  • 8 years ago
    Favorite Answer

    TransRisk is a consumer credit score that's developed by TransUnion, one of the three credit bureaus. TransRisk score simulates FICO score, but it isn't a FICO score. The score has a range from 300 to 850, the same as the range of the FICO score. You can get TransRisk score for free from Credit Karma

    And yes, I think you should qualify with that score.

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  • belton
    Lv 4
    3 years ago

    Transrisk Score

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  • 4 years ago

    There are two parts to a credit score. 1. The underlying data. Accounts, time on file, balances, payment history, etc. 2. The calculation of the score. The FICO score is a seperate product from the credit information. FICO score (the process to calcualte it) is owned by Fair Issaac's. So technically if the base information is the same the FICO score will be the same. There are always some differences between reports, but for the average consumer those are 0 -10 points. Is the TransRisk Score a score calcualted by Trans Union? If it will be different, but there is no way to say what the difference will be, except to say they will most likely try to make it match up to FICO, since that is the industry standard.

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  • 4 years ago

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    RE:

    what is a transrisk score?

    what is the difference between a credit score and a transrisk score? im looking to rent an apartment and they want to know my credit score. and all it showed was a transrisk score of 702. can i rent an apartment with this?

    Source(s): transrisk score: https://shortly.im/Slmie
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  • 5 years ago

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    RE What is a transrisk score?

    what is the difference between a credit score and a transrisk score? im looking to rent an apartment and they want to know my credit score. and all it showed was a transrisk score of 702. can i rent an apartment with this?

    • Login to reply the answers
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