Score Comparison - Vantage Plus vs Experian Fico

[Anonymous]

Has anyone purchased a Vantage Score and compared it against their current Experian Fico score? I'm wondering how different the score spread is.

[llecs]

There's no comparison at all. FICO range is 300-850 and Vantage's range is 501-990. And the formula is different too.

[Lel]

With regard to the correlation between Vantage and FICO, the answer is: it might or it might not. Somewhere I found someone's blog that seemed to demonstrate a pretty good correlation between the two (as long as you did the math correctly), but last spring I discovered that this was not the case for us.

My wife pulled her EX credit report through annualcreditreport.com. As usual, she had the opportunity to get her credit score. This was before we were familiar with the differences between FICO scores and the pretenders to the throne. She got a score of 972. The Vantage Score scale goes from 501 to 990. Therefore, her 972 was 3.67% below the maximum possible score (990-972 divided by 490).

We quickly realized that this Vantage Score was effectively meaningless for the purpose of credit application. We found this site, and pulled her real EX FICO score within a couple days. If there were a true correlation, then we would expect her FICO score to be about 3.67% below the maximum FICO score adjusted for the range (850 - [0.0367 x (850 - 300)]). Using this formula, her FICO credit score "should" have been around 830.

It was 759.

[Anonymous]

Thanks Lel-

This was the exact type of analysis I was looking for. It appears then that it will be difficult for me to guestimate my Experian FICO based on Vantage Score.

I had Truecredit and had a pretty good idea of the point differential between Truecredit and FICO.

Oh well....

[marty56]

Mine was around 915 which made me an A (barely).  I like the concept of a grade and a number.

It would be interesting to know which score does a better job in predicting debt default.  I also wonder if the Vntage score looks at AU.