Credit Scores: FICO vs. VantageScore

Credit Scores: FICO and VantageScore, what’s the difference?

Consumers are becoming more and more familiar with how their credit report and credit score can impact their borrowing, renting and even employment offers.  The score model many are familiar with is FICO (Fair Isaac Corporation).  Another score model is VantageScore.  FICO and VantageScore are two different companies, and they use different information and models to calculate their score.

Both have a scoring range of 300 to 850.  Each reporting agency (Equifax, Experian and TransUnion) calculates a FICO score.  VantageScore is the result of a collaboration between the three nationwide bureaus.

The link below through explains the difference between the two scores in detail.

To learn more about FICO and VantageScore, click HERE.

As a financial coach, I believe all consumers should know exactly what is being reported on their credit reports and understand how it impacts their score and their life.  If you would like personal guidance on understanding your credit report, I can help.

CLICK HERE to schedule your Personal Financial Coaching session.


Lisa Atkinson
TFCU | Personal Financial Coach

As a Personal Financial Coach, I do not provide legal or tax advice. Tucson Federal Credit Union does not guarantee that this service will achieve any particular objective or outcome. For any legal advice, please seek the advice of an attorney or tax professional.