Bankruptcy Forum

Vantage score VS Fico

invest1choice
07-17-2006, 04:44 AM
I caught at the end of Suze Orman one night and heard vantage score on there? But missed what it is all about and how to access this score...

Okay , I found a site that explains it ....check it out

http://searchwarp.com/swa49884.htm

tinroofrusted
07-17-2006, 07:40 AM
From the article:

"The average consumer credit score is 677"

Where do they come up with this crap?! It's 620, and I personally think THAT'S high!

anonymuse
07-17-2006, 07:48 AM
Vantage scores are supposed to help out people with a "thin" history--taking into account utility payments, work history, bounced checks, and other things for younger creditors and those that do not have mortgages/car payments/credit cards.

It's just another way for them to make money is the way I see it.