Vantage Score?

[shols44]

CK offers free daily vantage scores. Why would anyone pay for it? 

As a general rule, IGNORE ALL FAKOS ALL THE TIME! It is mere conincidence that your FAKOs are close to your FICO's so far.

Just Ignore them, ALWAYS!

[bs6054]

Don't be too taken by FICO marketing.  As it says on this site:

90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

i.e. once you have paid for your score here, in 10% of the cases, your lender will see potentially a very different score.   And this understates the issue.  The score here is one particular version of FICO, your lenders might be used credit-card-enhanced, auto-enhanced etc versions of FICO, so even though it falls into the 90%, it is a different score.

And, in particular, the TU score available here is more or less a FAKO, as very very few lenders now use that version.  Walmart gives its cardholders the more modern version.

[Walt_K]

Walmart gives you TU08. TU04 is the more prevalent score. I don't think you can get TU04 other than through a lender.

[starry1]

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@hardworkrebuilding wrote:

Any idea how Vantage Score compares?

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I don't think a vantage score is worth the pixels they burned to show it to you.

[chnceit]

My CK Vantage score is 811 

[ready13]

right, i had the same happen to me and since last year had some difficulty with the printing then and there of the printable option before you opt out of your credit report( not credit score) then i saved the printable version which you can easily transfer into a pdf as an option depending on the printer/pc/ how you access the free annual credit report web site. You can also get the free month option, which gives you 30 days of credit check on their site with the credit scoring but have to give credit card number before viewing and cancel account before the 14-15 day period before they charge the account iinfo provided to open with. I did this and also had the chance to print and copy the info provided on the web page which was very helpful and the people helping me with customer service through the vantage scoring comp. were very gracious and helpful to me,  i was satisfied with the help. The free annual credit report is offered only as a means for people who do not have a monthly tracker service that they pay to view their report and make any needed changes or corrections to their report without having to pay, As a law this had to be opted by the bureaus but is not for people to view their score that is an extra which is why you have the option to pay/donate/open account etc. if you wish to go further with that.To dispute any options or mistakes you do not need to purchase anything.

[Anonymous]

Sorry, but my Citi Credit Monitor scores are nearly identical to MyFico scores. For example my CCM EQ=761 and MyFico = 762 . The TU is different by a total of 3 points, and have been for months. I've been using Citi Monitor for a long time and I find their service quite good for my purposes. Credit Karma is actually different by 2 points as compared to MYfico =772 , now that is suprising, but again, I find their sevice acceptable too. I pay my bills on time, don't mess with my credit (too much) and my scores stay pretty constant. I do expect them to go up over the course of 12 months as some debt is eliminated.

Citi Credit Monitor: Good service for $8.95 p/m.

Credit Karma: Good service for free.

One note though: I tried that Quizzle site for the heck of it and got a score of 702. Way off.

[cashnocredit]

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@Anonymous wrote:

Sorry, but my Citi Credit Monitor scores are nearly identical to MyFico scores. For example my CCM EQ=761 and MyFico = 762 . The TU is different by a total of 3 points, and have been for months. I've been using Citi Monitor for a long time and I find their service quite good for my purposes. Credit Karma is actually different by 2 points as compared to MYfico =772 , now that is suprising, but again, I find their sevice acceptable too. I pay my bills on time, don't mess with my credit (too much) and my scores stay pretty constant. I do expect them to go up over the course of 12 months as some debt is eliminated.

Citi Credit Monitor: Good service for $8.95 p/m.

Credit Karma: Good service for free.

One note though: I tried that Quizzle site for the heck of it and got a score of 702. Way off.

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That's interesting. I have the Citi credit(ID) monitor as well and their "scores" have always tracked very closely to EQ FICO within about 5 points or so even with baddies. Right now they are identical.

[cashnocredit]

My VantageScore increased a bit to 880 on the same day EQ FICO dropped for no obvious reason over 50 points to 703. It will be interesting to see it Citi's Credit Monitor tracks the unexplained FICO score drop since it has followed FICO so closely. It will be 3 weeks before I can find out since I just pulled it last week.

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Major-drop-FICO-now-lower-than-2-years-ag...

[nyancat]

VantageScore is a competing model. The "FAKOs" are scores only sold to consumers, not lenders. The VantageScore isn't such a score.

But you can get TU VantageScore free from CreditKarma. It's interesting, and certainly not useless. 

Also, the people who say the scores have no relation to FICO are wrong. They're all meant to predict risk. IF they're all good at that, then even if they're using totally different data, they should be highly correlated. Otherwise, they're not reliable measures of risk.