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Tag: VantageScore

Credit score ranges can be confusing.

If you are a young adult who has just begun to become financially independent, you may be wondering what the credit score ranges really mean. Following is a brief explanation of the numbers from two of the major credit scoring companies: FICO and VantageScore. The Differences Between FICO and VantageScore Let’s start with a simple explanation of the key differences between FICO and VantageScore. FICO – which originally stood for Fair, Isaac and Company – was founded in 1956 and has been the credit scoring...

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