A credit score is a numerical representation of a person’s creditworthiness based on their credit history. It is calculated using various factors such as payment history, outstanding debt, and credit utilization.
A credit score can be provided by different credit bureaus and may vary from one to another.
A FICO score, on the other hand, is a specific type of credit score developed by the Fair Isaac Corporation. It is widely used by lenders, landlords, and credit card companies to evaluate a person’s creditworthiness.
A FICO score ranges from 300 to 850 and is based on a person’s credit report data from the three major credit bureaus.
Vantage Score is a credit scoring model that was developed by the three major credit bureaus, Experian, Equifax, and TransUnion. It also ranges from 300 to 850 and takes into account similar factors as FICO.
However, it uses a different scoring algorithm and may have slightly different results compared to a FICO score.
Levi Hudson
DO IT WITH PASSION OR NOT AT ALL 