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Established Contributor
Irvin
Posts: 510
Registered: ‎04-17-2007
0

Vantage vs Fico

What is the main different between EXPERIAN Vantage Score (directly from their website) and EX fico score from this website?
 
Other than "Myfico are the only thing you have to worry about."
 
 
 
 
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Vantage vs Fico



Irvin wrote:
What is the main different between EXPERIAN Vantage Score (directly from their website) and EX fico score from this website?
 
Other than "Myfico are the only thing you have to worry about."
 
 
 
 


Completely different scoring system and lenders do not use them.
Valued Contributor
Boswd
Posts: 1,065
Registered: ‎04-26-2007
0

Re: Vantage vs Fico

different scoring models and low to high ranges.
Moderator Emeritus
fused
Posts: 16,306
Registered: ‎03-12-2007
0

Re: Vantage vs Fico



Irvin wrote:
What is the main different between EXPERIAN Vantage Score (directly from their website) and EX fico score from this website?
 
Other than "Myfico are the only thing you have to worry about."
 
 
 
 


Vantage scoring has less emphasis on revolving util and a higher emphasis on credit mix and balances owed (not cc balances necessarily, maybe installment though, nobody really knows).
Credit Profile -
FICO 08 Scores (08-15-2014): EQ 820, EX 817, TU 814
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1 (Amex 07-15-2014)

Credit Cards -
Amex BCP 25K ~ Amex Clear 25K ~ Amex Platinum NPSL ~ Chase Freedom Visa 19.3K ~ CITI Dividend World Mastercard 20.3K ~ FIA Fidelity Investments Platinum Plus Visa 40K ~ A Gold Visa with my local bank 10K

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

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