Wells Fargo uses them! Oh no! How did you find this out?
ficohelp wrote:Thank you both. This information is very helpful. I have done research on Vantage Score and now I want to get one. I am curious as to what mine will be...Wells Fargo uses them.
Actually, I believe they look at the full seven years with a greater emphasis on the most recent two years.
I think it will be quite sometime before the vantage scoring models are widely used. I would focus on getting FICO scores up. Besides, if one has a good FICO score then any other score models should be comparable.
In terms of Vantage scoring I hear that it only counts the last 24months of account history. Which can be great if the last two years had near perfect payment hisotry.