Credit bureaus such as Equifax and TransUnion actually produce many different scores. Different scores use a different scoring model and is the reason why they vary. For example a mortgage lender may look at a different credit score than your bank when they are deciding whether to grant a credit card or new credit limit.
The score Borrowell presents to you is called the Equifax Risk Score 2.0 (ERS2.0). This credit score is generated and obtained directly from Equifax and uses a slightly different model for weighing credit score factors. Even though the ERS 2.0 is calculated by Equifax as well, it will not be the same as the Equifax score (ERS 1.0) due to the different credit scoring models used.
Credit Karma and most banks will show you a credit score from TransUnion (i.e. Scotiabank, BMO, RBC, Capital One etc), or a different score from Equifax.
Each credit bureau (Equifax and TransUnion) is its own business and operate in their own way. The Equifax Risk Score 2.0 is a popular and legitimate score calculated by Equifax that is widely used in Canada for making consumer credit decisions, which is why we chose to offer this score. We feel it's important to know where you stand with both credit bureaus.
For more information, please check out article about why my credit score is different. It’s important to note that one score is not “more accurate” or “correct” than another score. All credit scores are based on information on your credit report but may vary based on the different scoring models used.