VantageScore Vs. FICO Credit Score

Bad Credit, Credit Score, Credit Repair > Credit Repair Info > Credit Score I was watching the Suzie Orman Show and caller told Suzie what her fico score was. Then suzie said: "You mean your FICO score and not your Vantagecore?" So got curious to know what the difference is between your FICO score and your Vantage Score You're ready? The difference it seemed is strictly business... In 1956, Fair, Isaac and Company (FICO) came up with a credit worthiness calculation system, hence your FICO score. So... In March 2006, the three major credit bureaus, Equifax, Experian, and TransUnion got together and came up with a new credit worthiness calculation system they called "Your VantageScore" Yeap... it's one word, VantageScore, not Vantage Score! VantageScore is an attempt to compete with the FICO score produced by Fair Isaac Corporation What's the difference? FICO scores ranges from 300 to 850 VantageScore range from 501 to 990 That's all folks! If you want to add something to this finding... Reply with your comments REPLY to this article Share this: Twitter  Facebook  More Also read these articles How To Fix Errors In Your Credit Report The Basic Format Of A Credit Repair Letter Steps To Repair Your Credit Trans Union Experian   Leave a Reply Name (required) E-mail (will not be published) (required)   <<   Enter code Return from Vantagescore Vs Fico Score to Credit Score