cancel
Showing results for 
Search instead for 
Did you mean: 

Vantage 3 Fluctuates A LOT

tag
OmarGB9
Community Leader
Super Contributor

Re: Vantage 3 Fluctuates A LOT


@Joeychgo wrote:

@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.....

 

image.png


But if no lenders really use it, why does it bother you? It's honestly way too volatile and not worth stressing over.


Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 11 of 17
Centurion_Dreamer
New Contributor

Re: Vantage 3 Fluctuates A LOT

Vantage scores are much more fluctuating than the FICO ones.

As said before, if banks would use Vantage scores, we all would have a big problem.

Currently I have a 70-80 points difference between FICO and Vantage with FICO being around ~740.

Active Cards (TCL 127k):
Message 12 of 17
Zoostation1
Established Contributor

Re: Vantage 3 Fluctuates A LOT

Mine have been surprisingly stable (at least for TU and EQ, I don't know my VS3.0 EX).  Currently they're slightly higher than my FICO 8 scores and 20-30 points below my below my FICO 9 scores.

Rebuild Started Nov 2021
June 2022 FICO 8:
June 2022 FICO 9:
March 2024 FICO 8:
March 2024 FICO 9:
Message 13 of 17
Chazzay12
Frequent Contributor

Re: Vantage 3 Fluctuates A LOT


@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.

 

Screenshot_2.png


Funny enough, my FAKO scores have been doing the same lately (past month). No major changes to report, and my FICOs have all been steady. I actually lowered my UTL from like 28% down to 8% and it showed my score lowered by like 75 points, while FICO showed an increase of a few points. 

No need to worry about this as long as FICO seems correct. 

Discover It (Student) $1500 | Capital One QS $2300 | Amex BCE $4800 | Chase FU $3200 | Amex Green NPSL | CSP $4200 | Discover it $3000
Car loan w/ Langley 3.5%
Homeowner since April 2023

Starting Score: 580s
Current Score as of March 2024: EX 661, TU 624, EQ 655
Goal Score: 700+, working on paying high utl cc debt


Take the myFICO Fitness Challenge
Message 14 of 17
Joeychgo
Established Member

Re: Vantage 3 Fluctuates A LOT

Not to drag up an old thread but..    Its still happening

 

Screenshot_3.jpg

Message 15 of 17
CorpCrMgr1
Established Contributor

Re: Vantage 3 Fluctuates A LOT

While my FICO score and FAKO scores are very close now, I realize my FAKO score fluctuates a lot on my usuage. Seldom do I go over 3%. FAKO doesn't like to see me doubling my usage even if I under 3%.

Message 16 of 17
Horseshoez
Senior Contributor

Re: Vantage 3 Fluctuates A LOT

@Joeychgo, what folks are sort of implying is, why do you care?  FAKO scores are basically unused by the industry and are irrelevant.  As long as one's FICO scores are stable and in good shape, everything is good to go; Vantage 3.0 can pound sand.

I categorically refuse to do AZEO!
Message 17 of 17
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.