Can anyone helo me understand why this flucuates so much ? It keeps bouncing by somewhere around 75 or so points, nothing is really changing as fas as inquiries, credit used, etc. Im at around 13% utilization, all payments on time, etc.
Not sure that much help or insight will be provided on Vantage scoring model(s) as this site focuses more on FICO scoring models. Would you happen to know your FICO scores? Have your FICO scores been fluctuating?
Credit Karma is used primarily to track data changes and not so much scoring as most lenders use FICO scores.
Vantage was created by the 3 CRA's. Imagine if that was the only score that matters? No thanks. Your FICO score is based on the Fair Issac Corp program which is the baseline that the 3 CRA's use and tweak the main program to come up with their own FICO score. It is what it is. I wouldnt put much into it.
@Joeychgo wrote:Can anyone helo me understand why this flucuates so much ? It keeps bouncing by somewhere around 75 or so points, nothing is really changing as fas as inquiries, credit used, etc. Im at around 13% utilization, all payments on time, etc.
what feedback are you getting from CK from the "see what's changed" on the dates with giant dips and rises?
Perhaps some utilization threshold or reporting changes happens every so often which causes vantage to short-circuit like this.
@Joeychgo wrote:Can anyone helo me understand why this flucuates so much ? It keeps bouncing by somewhere around 75 or so points, nothing is really changing as fas as inquiries, credit used, etc. Im at around 13% utilization, all payments on time, etc.
For me, my vantage score(s) hates utilization over 9%, maxed out cards (my current grocery card limit isn't high enough and I just let it report anyway) and a card that's had a zero balance suddenly reporting a balance of any kind. Version 3 seems more sensitive then version 4 but my scores are 50-75 points lower than my FICO 8 scores usually.
@Adkins wrote:
@Joeychgo wrote:Can anyone helo me understand why this flucuates so much ? It keeps bouncing by somewhere around 75 or so points, nothing is really changing as fas as inquiries, credit used, etc. Im at around 13% utilization, all payments on time, etc.
For me, my vantage score(s) hates utilization over 9%, maxed out cards (my current grocery card limit isn't high enough and I just let it report anyway) and a card that's had a zero balance suddenly reporting a balance of any kind. Version 3 seems more sensitive then version 4 but my scores are 50-75 points lower than my FICO 8 scores usually.
As I said, its more the bouncing up and down by such a big number that has me befuddled. Not so much the difference between vantage and fico. But maybe its a new version that they are tweaking or something. Its just bounced back up again, 78 points.....
