Which credit score is better FICO or VantageScore?

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. Higher scores make it easier to qualify for financing and to receive competitive financing offers from lenders.

How many VantageScore credit scores are there?

Since then, the company has released five credit scoring models. The most commonly used scores are the VantageScore 3.0 and VantageScore 4.0 scores. VantageScore announced its VantageScore 4plus™ model in May 2024. All three models have a score range of 300 to 850.

What is a good credit score?

The definition of a good credit score can vary from lender to lender. It may also differ based on the credit score brand. For example, a 670 FICO Score might be high enough to qualify for a credit card with ABC Bank. But you might need a 680 VantageScore credit score for a different credit card issuer to approve your application.