What Makes up a FICO Credit Score? Different Types of FICO Scores

There are numerous different types of FICO scores. Lender Mark Baker explains the different types of FICO scores and what they are used for by lenders. Home mortgage lenders as well as loans for cars and other things all use different FICO scores for different lending criteria.

In addition to FICO (Fair Isaac Company) there is another type of score called vantage score. Vantage is generally a higher scoring and less stringent than FICO.

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