topic Re: Vantage Scoring........What Nonsense! in General Credit Topics

Vantage Scoring........What Nonsense!

fused — Fri, 13 Apr 2007 23:45:55 GMT

Checked my Vantage score at Experian's website and to my surprise, it was a lousy 823. This translates into a "B" grade. Also checked my Fico scores and they were, TU 798, EQ 789, EX 755.

What is with the discrepancy btw Fico and Vantage Scoring. Anyone experience this?

Re: Vantage Scoring........What Nonsense!

Anonymous — Sat, 14 Apr 2007 00:04:10 GMT

There is no discrepancy only different scoring models. You have an excellent score on any scale

Re: Vantage Scoring........What Nonsense!

Anonymous — Sat, 14 Apr 2007 00:51:18 GMT

Some folks report FICOs higher than their Vantage scores, but usually it's the other way 'round. Heck, your FICO scores won't even all be the same, but more than likely that on account of some creditors reporting to some bureaus but not all three.

Re: Vantage Scoring........What Nonsense!

Anonymous — Sat, 14 Apr 2007 20:08:42 GMT

I have it seems that the model used at two bureaus are different and in my case as well scores higher than those used at fico. I figure if you can get your fico where you want it almost nothing else matters.

Re: Vantage Scoring........What Nonsense!

Anonymous — Sun, 15 Apr 2007 17:28:33 GMT

I figure if you can get your fico where you want it almost nothing else matters.

Yes, I agree because so far I cannot find any creditors that even use Vantage scores to determine a borrower's risk.