VantageScore provided by Experian

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Randiesel75
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VantageScore provided by Experian

Postby Randiesel75 » Tue Mar 19, 2013 7:54 am

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I was in Wells Fargo yesterday and they handed me a few pamphlets titled "Get your free credit score today", so I accepted. I get home, open them up and was pleasanlty surprised these are not actual FICO scores.

Anyone with thoughts or view on VantageScore provided by Experian ?
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Sevenfeet
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Postby Sevenfeet » Tue Mar 19, 2013 9:06 am

VantageScore is a FAKO score that Experian uses and markets to their customers. I'm not sure which merchants actually use it (versus the FICO versions based on the same Experian credit report) but VantageScore is available to you for free as a part of signing up for CreditKarma.com.
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Citi Thank You Preferred Visa ($9.5K)
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Randiesel75
Platinum Member
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Posts: 84
Joined: Thu Dec 27, 2012 8:43 pm
Location: Clark, NJ

Postby Randiesel75 » Tue Mar 19, 2013 10:50 am

Sevenfeet wrote:VantageScore is a FAKO score that Experian uses and markets to their customers. I'm not sure which merchants actually use it (versus the FICO versions based on the same Experian credit report) but VantageScore is available to you for free as a part of signing up for CreditKarma.com.


Have you used it, is it worth my time? I know there are a lot of posts on here about CreditKarma, guess I could just read them all and determine for myself.

Sevenfeet
Centurion Member
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Posts: 532
Joined: Thu Jan 17, 2013 7:20 pm
Location: United States

Postby Sevenfeet » Tue Mar 19, 2013 10:56 am

I suppose like any FAKO scores, it's useful as a guide for yourself but don't expect that most lenders will be using it when it comes time to apply.
Cards:

American Express Platinum (NPSL)

Penfed Platinum Reward Visa ($28K)

Chase Freedom Visa ($25K)

Fidelity American Express ($20K)

American Express Blue Cash Preferred ($20K)

Bank of America Cash Rewards MasterCard ($20K)

Citi Thank You Preferred Visa ($9.5K)

Chase Sapphire Preferred ($7.5K)

US Bank Cash + Visa Signature ($7K)

Discover IT ($4K)

cc789
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Location: U.S.A.

Postby cc789 » Tue Mar 19, 2013 7:36 pm

Best use of your VantageScore? Helping you understand how desperately the CRAs want FICO's scoring business.



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