FICO Score Conversion. There is no official method of converting a VantageScore to a FICO score. Because each scoring uses different criteria and methods of pulling data, it's nearly impossible to convert.
How close is my FICO score to my VantageScore?
FICO/VantageScore Rating FICO Score Range VantageScore Range
------------------------ ---------------- ------------------
Exceptional/Excellent 800-850 781-850
Very Good/Good 740-799 661-780
Good/Fair 670-739 601-660
Fair/Poor 580-669 500-600
Is VantageScore higher than FICO?
Credit Score Range At first, VantageScore credit scores featured a different numerical scale (501 to 990). However, VantageScore 3.0 and 4.0 adopted the same 300 to 850 scale that FICO uses. With both FICO and VantageScore models, higher scores are better.Mar 8, 2021
Is VantageScore usually lower than FICO?
While VantageScore and FICO now use the same 300-850 range, VantageScore tiers run about 50 points lower than FICO tiers.Jul 1, 2019
What is the range for FICO and Vantage 3.0 credit scores?
300 to 850
Do most lenders use FICO or VantageScore?
Although VantageScore credit scores have been around for about 15 years, the FICO Score is still the preferred choice of most lenders. In the U.S., lenders use FICO Scores in 90% of lending decisions.Mar 8, 2021
Do any lenders use VantageScore?
A 2019 third-party market study found that VantageScores are widely used by credit card issuers, and secondly by both installment loan and fintech lenders. According to the study, nine of the 10 largest banks and 29 of the 100 largest credit unions used VantageScore credit scores in one or more lines of business.Aug 6, 2021
How much higher is Vantage than FICO?
While VantageScore and FICO now use the same 300-850 range, VantageScore tiers run about 50 points lower than FICO tiers.Jul 1, 2019