FICO Score and Vantage Score Datapoints · LetsGetFunded Starter (Free)

FICO Score and Vantage Score Datapoints

The FICO score is used by 90% of all lenders. Currently, less than 10% of lenders use VantageScore. Do you know how scores are “weighted”?

I know this is basic information, but I still speak with capital seekers that don’t know the difference between a FICO score and a VantageScore. They can’t tell me what their credit monitoring company uses.

Some believe their scores are static, not ever changing. Some don’t know there are different versions of credit scores being used. Often, they are unaware you have different scoring models depending on what type of loan or line of credit you are applying for.

Attached you’ll see the basic makeup of a FICO score and a VantageScore. Notice the "weighted" difference between credit utilization between FICO and VantageScore.

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