Since the 1970s,

A Collaborative Effort
The VantageScore Model Methodology
FICO Score
  • The Consumer’s Payment History: 35%
  • Total Amounts Owed by the Consumer: 30%
  • Length of the Consumer’s Credit History: 15%
  • Types of Credit Used by the Consumer: 10%
  • Amount of the Consumer’s New Credit: 10%
VantageScore
  • Amount of the Consumer’s Recent Credit: 30%
  • The Consumer’s Payment History: 28%
  • Utilization of the Consumer’s Current Credit: 23%
  • Size of the Consumer’s Account Balances: 9%
  • Depth of the Consumer’s Credit: 9%
  • Amount of the Consumer’s Available Credit: 1%
  • 901 to 990 = A – 1 charge off for every 300 consumers who pay on time
  • 801 to 900 = B – 1 charge off for every 50 consumers who pay on time
  • 701 to 800 = C – 1 charge off for every 10 consumers who pay on time
  • 601 to 700 = D – 1 charge off for every 5 consumers who pay on time
  • 501 to 600 = F  – 1 charge off for every 1 consumers who pay on time
The VantageScore Benefit
VantageScore 3.0
Impact with Lenders
The Bottom Line