The VantageScore is calculated using the same methodology as the FICO score, but adds a few additional metrics in the mix. It assigns a letter grade to your score as well.
While FICO scores range from 300 to 850, VantageScores range from 510 to 990. For each 100-point spread on the VantageScore, a letter grade is assigned. For example, 900-990 scores an A.
The reporting metrics are similar, but when compared, the weighted items in the Vantage report will significantly change the consumer’s score, all things being equal. Take a look at an actual comparison of the FICO versus VantageScore:
| FICO Score Metrics | VantageScore Metrics | ||
| 35% | Payment history | 32% | Payment history |
| 30% | Outstanding balances | 23% | Amount of credit you’re currently using |
| 10% | Types of credit you hold (loans, credit cards, etc.) | 15% | Credit balances |
| 15% | Credit history length | 13% | Length and depth of credit history (kinds of credit and age of accounts) |
| 10% | Recent history | 10% | New credit accounts and inquiries |
| 7% | Total available credit | ||
| 100% | 100% |
