Vantagescore 3.0 Vs Fico 8
Below are three Vantage Score 30 vs FICO credit score 8 comparison charts for TransUnion Experian and Equifax. Scores Issued per Year. Convert Vantage To Fico VantageScore was developed in 2006 by a collaborative effort of the three credit reporting agencies. Vantagescore 3.0 vs fico 8 . Share of Lenders Using Score. The tiers and ranges didnt change from 30. Today both VantageScore 30 and FICO 8 are the most commonly used scoring models. FICO is considered the standard in credit scoring trusted by lenders for decades. What qualifies as a good score can vary from one creditor to another. 80 of the 25 largest lenders. This complicates direct translation from one scoring system to another because they work on different assumptions and methodologies. The first two versions of the VantageScore ranged from 501 to 990 but the latest VantageScore 30 and 40 use the same 300-to-850 range as base FICO scores. As a result VantageScore versus FICO Score conversion was necessa...