Are you aware that your credit score is more than just a 3-digit number? There are 2 models used for determining the outcome of your credit score: Vantage and FICO. These are generic credit scores that are used by many creditors. Your Vantage creates a three-part model that uses a credit report from Equifax, Experian, or TransUnion. FICO creates a model specific to each of the credit agencies listed in the previous sentence. This model, in both cases, helps to give a rough estimate of what your score will be your score. The Vantage score is more forgiving since it doesn’t require a long history of credit, while FICO requires you to have at least six months of credit history and at least one account reported to a CRA within the last six months. All in all, these models are affected by a few factors such as late payments, debt, and more. If you enjoyed the blog, be sure to share it with a friend.