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Toyota Financial Services - Which credit bureau do they use?

Discussion in 'Gen 3 Prius Main Forum' started by swich2mac, Jul 13, 2009.

  1. swich2mac

    swich2mac Go Hard or Go Home!

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    Title says it all. For those of you who recently financed with TFS, can you tell me which of the 3 credit bureaus they use to determine your interest rate? Thanks!

    Scott
     
    #1 swich2mac, Jul 13, 2009
  2. jay_man2

    jay_man2 jay_man_also

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    TFS has consistently checked Equifax whenever I've let them pull a report, and as recently as last month.
     
    #2 jay_man2, Jul 13, 2009
  3. swich2mac

    swich2mac Go Hard or Go Home!

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    I was afraid of that. My equifax score is MUCH lower than my Experian and TransUnion scores. The later two are within 1 point but Equifax is killing me.
     
    #3 swich2mac, Jul 13, 2009
  4. Zythryn

    Zythryn Senior Member

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    You may want to check and see if you can find a reason for the large difference.
    It may be that Equifax has an erroneous entry affecting your score with them.
     
    #4 Zythryn, Jul 13, 2009
  5. stream

    stream Senior Member

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    I leased through TFS and they used Experian.
     
    #5 stream, Jul 13, 2009
  6. 1SMUGLEX

    1SMUGLEX I love the smug!

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    It depends on what the finance manager can do for you. They usually pull EQ but they will pull all your scores. You also have an adjusted "auto score".

    You see a good finance manager doesn't just see the damn score pop up in the system and say yes/no. THey should look deep to see trends, ratios etc.

    For example, lets say you have a low 600 score and you are/have been late with a credit card or two BUT BUT BUT you have NEVER missed a car note in 5 years or so. Well this tells the story that you take your car payments VERY SERIOUSLY and will pay on time even if your score is low and for whatever reason you pay your other bills late.

    Good luck.
     
    #6 1SMUGLEX, Jul 13, 2009
  7. swich2mac

    swich2mac Go Hard or Go Home!

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    Thanks! I'm not too concerned as my lowest score is 700 while my other two are 725. With the "Auto FICO" added in, my score should be even higher as I have never been late on any previous auto loans. Thanks for chiming in on this thread!

    Scott
     
    #7 swich2mac, Jul 13, 2009
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