topic Re: Vantage 3 score is lower? in Understanding FICO® Scoring

Vantage 3 score is lower?

Anonymous — Sun, 08 Mar 2020 01:00:13 GMT

My vantage 3 score is always around 60 points lower than fico. Is that typically normal?

Re: Vantage 3 score is lower?

AllZero — Sun, 08 Mar 2020 01:03:45 GMT

Yes.

Re: Vantage 3 score is lower?

AllZero — Sun, 08 Mar 2020 01:05:52 GMT

CreditKarma, Wallethub, or portals that use VS is an excellent free tool to monitor your credit reports. Pay no attention to the scores. The majority of the lenders base their decisions on FICO scores, reports.

Re: Vantage 3 score is lower?

AllZero — Sun, 08 Mar 2020 01:09:19 GMT

$1 you can obtain your 3 bureau FICO 8 reports at Experian.com or creditchecktotal.com. Cancel in 7 day or less to avoid the re-occurring monthly charge.

Re: Vantage 3 score is lower?

Anonymous — Sun, 08 Mar 2020 01:38:13 GMT

My vantage 3.0 scores were initially lower than my fico 8's but as time has gone by.... they are now in sync.

But to answer your question, yes... very common to have differences.

Re: Vantage 3 score is lower?

blindambition — Sun, 08 Mar 2020 02:27:33 GMT

FAKO and FICO are completely different beasts. For example; FAKO doesn't consider closed accounts in its scoring, where FICO does. All you need to remember, most lenders use a version of FICO in making decisions.

Re: Vantage 3 score is lower?

Ficoproblems247 — Sun, 08 Mar 2020 03:15:45 GMT

It can go the other way, too. 6 months ago or so my VS3s were about 80 or so points higher than my FICOs iirc. Now they happen to be almost identical to each other. It's a very different scoring model than FICO, just like others have stated.

Re: Vantage 3 score is lower?

donkort — Sun, 08 Mar 2020 12:55:01 GMT

I wish my Vantage scores counted! I'm at 814 for 3. 811 for 4.

Re: Vantage 3 score is lower?

Anonymous — Sat, 08 Aug 2020 14:18:36 GMT

Opposite here. Vantage scores hover around 640 and my fico scores average around 685. 🤔