Credit Card Center Advertiser Disclosure†
08-19-2007 04:32 PM
08-19-2007 05:16 PM
10-20-2011 10:51 AM
Try these formulas. I arrived at these by using a little algebra. They aren't official but, they should be close if all credit factors are equal.
Experian to Fico conversion 850 - ((990 - Experian Score/489) * 550) = estimated Fico Score
Fico to Experian conversion 990 - ((850 - Fico Score/550) * 489) = estimated Experian Score
10-20-2011 11:27 AM
Completely different Algorithm based upon the same data. The best correlation will be to say that they are more likely to move in the same direction than different directions, at least for large movements.
For my education, I have now tracked 83 Vantage score changes during a period of two FICO changes.
Trying to come up with a formula is a waste of time.
10-20-2011 12:27 PM
There is no relationship. They take the same data (hopefully) but weight it differently. There is theefore no constant formulka to go from one to the other. It is not like going from Fahrenheit to Centigrade.
11-03-2011 10:59 PM
VantageScore and FICO scores are both legitimate scores that are reasonably good at predicting risk given a large population of samples. That does NOT mean that they will predict risk the same or even at all close to the same for any given individual.The best way to convert one score to another is not to use a formula but to convert the score to its rank ordered percentile then use the same percentile to map to the other score. That's as good as it gets which unfortunately isn't very good. There simply is a very large variance between individuals rank order amongst the various "scores" out there.
For instance I had a FICO rank score of 41% at the same time I had a VantageScore rank of 91% derived from exactly the same CRA file. These are both legitimate lender used scores, albeit VantageScore isn't used my very many. Now imagine what the differences could be with FAKOs such as Score Plus that are only sold to consumers.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.